Bitcoin Leads Momentum as Top Cryptos Trade Below Key Price Average
Bitcoin and Bitcoin SV are the only cryptocurrencies within the top 10 to have jumped back above their long-term moving averages.
Altcoins like Chainlink's link token continue to outshine bitcoin, which is still consolidating above $9,000.
A novel index of 50 low-capitalization cryptocurrencies made new all-time highs as it continues to outperform bitcoin.
Bitcoin is gaining back what it lost and ether’s upward run seems undeterred as the crypto market recovers from a flash crash on Sunday.
FTX has launched eight unique index futures and volatility markets in less than 12 months. But few traders use these markets.
The value of assets for all stablecoins surpassed $10 billion as more cryptocurrency traders prefer alternative cryptocurrencies using dollar-backed digital tokens instead of bitcoin, according to Coin Metrics data.