Bitcoin 8% Rally Sparks Excitement: Top 10 Cryptocurrencies To Watch

• Top 10 cryptocurrencies are BNB, XRP, DOGE, TRX, LTC, DOT, SHIB, ATOM, LINK, and UNI 
• Bitcoin holds a market dominance of 49.5%.

Bitcoin (BTC), the global leader in the cryptocurrency market, experienced a significant surge of over 8%, reaching the $29,000 range. This impressive price movement has had a ripple effect throughout the market, causing several top altcoins to display gains and chart a positive trajectory. In addition the second largest cryptocurrency Ethereum (ETH) climbs about 5.5% to $1,820. 

The BTC price propelled by two major developments. The world’s leading asset management firm, BlackRock, has announced its intention to launch a Bitcoin Exchange-Traded Fund (ETF) and  Deutsche Bank has made a request for a cryptocurrency custody license. 

The sudden surge in Bitcoin price  has attracted renewed investor interest and injected optimism into the crypto market. Further, the top altcoins follow suit with green charts. Let’s look at top 10 cryptocurrencies and it’s price actions.

Binance Coin (BNB)

• Market Cap: $39B
• 24-H Trading Volume: $657M

Despite the downfall in the past few days, which led by the Binance vs SEC lawsuit, BNB seems to be experiencing some gains. At the time of writing, BNB traded at $247, which soared about 2.6% in a day and it’s trading volume skyrockets around 75%.

Ripple (XRP)

• Market Cap: $26B
• 24-H Trading Volume: $1B

Recently, Ripple grabs attention in the crypto community as the Ripple vs SEC lawsuit nears ending. Also, the SEC-Ripple case’s final decision will have significant effects on the cryptocurrency market and may set a precedent for how cryptocurrencies should be categorized and regulated.

At the time of writing, XRP traded at $0.495, which rose about 2.5% in a day and the 24 hours trading volume soared 35%.

Dogecoin (DOGE)

• Market Cap: $9B
• 24-H Trading Volume: $280M

Dogecoin is the popular memecoin and a favorite coin for Twitter CEO Elon Musk. Also, it never fail to attract crypto investors and enthusiasts. At the time of writing, DOGE traded at $0.06467 with a price surge of over 3.6% in a day and 4% in a week. Also, the meme coin trading volume is up about 84%.

TRON (TRX)

• Market Cap: $6B
• 24-H Trading Volume: $215M

At the time of writing, TRON traded at $0.07044 with a price rally of over 2.5%. Also, recently Arkham, the groundbreaking platform offering comprehensive crypto intelligence, announced the complete integration of the TRON network.

Litecoin (LTC)

• Market Cap: $6B
• 24-H Trading Volume: $707M

Litecoin price increased over 9.5% in the last 24 hours and 8.5% in the past to trade as at $84.43. Also, LTC 24 hours trading volume skyrockets over 126%.

Polkadot (DOT)

• Market Cap: $6B
• 24-H Trading Volume: $707M

Recently Polkadot has unveiled a new network upgrade, introducing significant modifications to its blockchain. DOT price surged over 5.5% in a day to reach $4.69 range. And the altcoins trading volume is up 50%.

Shiba Inu (SHIB)

• Market Cap: $4B
• 24-H Trading Volume: $128M

Shiba Inu is the second largest meme coin. But now it is booming with its later 2 blockchain Shibarium launch, which created hype over the community. SHIB traded at $0.000007289 with a price surge of 2% in the last 24 hours and 5.5% in the past week.

Cosmos (ATOM)

• Market Cap: $3B
• 24-H Trading Volume: $98M

Next to Polkadot, we have Cosmos with a price rally of more than 5.5%. DOT traded at $8.84 with a trading volume surge of 56%. Following these gains, the ATOM market still hints towards an impending bullish  scenario.

Chainlink (LINK)

• Market Cap: $3B
• 24-H Trading Volume: $201M

At the time of writing, Chainlink traded at $5.35 with a rise of approximately 5.5% in a day and 24 hours trading volume rise of 60%. Further, Chainlink launched NFT Floor Price Feeds, which combines decentralized oracle networks with the pricing methodology of Coinbase Cloud. This solution provides developers with reliable and top-notch data on the floor prices of NFTs.

Uniswap (UNI)

• Market Cap: $3B
• 24-H Trading Volume: $54M

Uniswap is the largest decentralized crypto exchange. At the time of writing, Uniswap price soared  more than 3% in the last 24 hours and 2% I the past week week to trade at $4.54. Also, UNI trading Volume increased 3%.