Home > Information news > Bitcoin Stalls Below $59K as Toncoin and Altcoins Surge

Bitcoin Stalls Below $59K as Toncoin and Altcoins Surge

Release: 2024/08/19 22:50 Reading: 797

Original author:CryptoTale

Original source:https://coinmarketcap.com/community/en/articles/66c354a1193d733ce0fa17dd

Bitcoin Stalls Below $59K as Toncoin and Altcoins Surge

Bitcoin Consolidates Below $59K; Altcoins Exhibit Mixed Performance

Bitcoin's upward momentum has taken a pause, currently trading below $59K. Altcoins, such as TON and XRP, display varying gains.

Major Altcoin Movements

  • Toncoin (TON) spearheads the rally with a 5.02% increase.
  • Dogecoin (DOGE) faces a setback, declining by 1.95%.
  • XRP exhibits moderate gains of 2.33%.

Significant Altcoin Surges

YAWN and Mines of Dalarna have experienced notable surges. YAWN has surged by 116%, while DAR has increased by 73.4%. This highlights the volatility within the altcoin market.

Market Overview

The total market capitalization has decreased slightly to $2.18 trillion by 0.65%. Bitcoin's market dominance has marginally reduced to 53.06%, a decrease of 0.91%. The Fear & Greed Index indicates a sentiment of fear with a reading of 28.

Toncoin and XRP Performance

As of reporting time, Toncoin (TON) has reached $6.80, a 3.16% increase over the past 24 hours. XRP is trading at $0.5852, with a 2.86% gain in the same period.

Dogecoin's Decline

Dogecoin (DOGE) has declined to $0.0996, marking a 3.44% drop. Its trading volume is $444,326,805.

Notable Altcoin Performances

  • YAWN: Surged by 116% to $0.0033 (volume: $2,820,294)
  • Mines of Dalarnia (DAR): Increased by 73.4% to $0.1968 (volume: $1,655,116,397)
  • SUNDOG (SUNDOG): Gained 58.8% to $0.0770 (volume: $39,935,889)

Reference Links

  • [Cryptotale](https://cryptotale.com/)
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