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While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop.

  • Bitcoin (BTC) dropped to a low of $37,194 on Sunday, January 10, 2021, after hitting its all time high a day and half prior. Currently, BTC is down over 6.4% and is trading for $38,239 per unit during Sunday’s afternoon trading sessions (EST).
  • On Saturday and Sunday, while BTC consolidated, ethereum (ETH) jumped to a 2021 price high of $1,340 per coin. ETH is still up today over 4% and is swapping for $1,285 per token on Sunday.

While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

  • Another cryptocurrency that has seen significant gains this weekend is bitcoin cash (BCH) which is up 14% today. However, yesterday BCH was up over 30% and traded at a 2021 high of $625 per unit. Bitcoin cash (BCH) is currently trading for $612 per coin and has a market cap of around $11.2 billion.
  • Litecoin (LTC) did very well on Saturday as well, spiking to $185 per unit and today the coin is swapping for 170 per LTC. The crypto asset LTC is only down 1% during the last 24 hours and commands a market cap of around $11.3 billion on Sunday.

While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

  • Another strong runner this weekend in terms of gains is monero’s (XMR) market valuation. XMR jumped to $174 per coin and the crypto asset is still up over 18% on Sunday. Data from markets.Bitcoin.com

Read more from our friends at Bitcoin.com