Over the next few days, altcoin capitalization could reach $ 80 billion, as the market continues to growth. At the time of publication of this review, the value of cryptocurrencies excluding bitcoin reached $ 78.759 billion.
Now trade continues in the green zone, almost all major digital assets are gaining in price.
Recall that on the night of Tuesday, January 14, the first cryptocurrency not only broke the psychological mark of $ 8500, but is already approaching $ 9000. BTC capitalization now exceeds $ 157.929 billion.
The total cryptocurrency market capitalization is just over $ 236.598 billion. Last time, the value of digital currencies was at that level in November last year.
The greatest success in 24 hours was achieved by Bitcoin SV, the coin jumped 94% to $ 326.42, the capitalization of this altcoin now exceeds $ 5.984 billion, BSV made it into the top five largest cryptocurrencies according to the CoinMarketCap service.
The second and third coins ether and XRP added about 11% to $ 160 and $ 0.23 respectively. In the second ten largest altcoins, the best results were shown by Dash and Ethereum Classic, which jumped more than 20% to $ 84.4 and $ 6.69, respectively.
At the end of last year, trader Josh Rager emphasized that if Bitcoin can break through resistance at $ 7,800, then it can go on the offensive. The capital inflow in early January into the cryptosphere strengthened the position of BTC and ensured overall market growth.