Bitcoin Stalls Below $59K as Toncoin and Altcoins Surge
Release: 2024/08/19 22:20 Reading: 447
Bitcoin Pauses Rally as Altcoins Show Mixed Gains
Bitcoin remains below $59,000, experiencing a slight pause in its upward momentum. Meanwhile, altcoins display a mix of gains and losses.
Toncoin Leads with Substantial Rise
Toncoin (TON) tops the gainers with a significant 5.02% rise. XRP follows in positive territory with a modest 2.33% gain, while Dogecoin (DOGE) faces a 1.95% decline.
Altcoins Experience Volatility
YAWN and Mines of Dalarna have witnessed notable volatility, with YAWN surging 116% and DAR rising 73.4%.
Market Overview
The overall market capitalization stands at $2.18 trillion, indicating a slight decrease of 0.65%. Bitcoin's market dominance has marginally reduced to 53.06%. The Fear & Greed Index suggests a sentiment of fear, with a current reading of 28.
Specific Coin Performance
As of press time, Toncoin (TON) trades at $6.80, with a rise of 3.16% over the past 24 hours. XRP is priced at $0.5852, showing a 2.86% increase. Dogecoin has declined to $0.0996, marking a 3.44% drop.
Related News
Market sentiment has dipped into extreme fear as Bitcoin's dominance increases.
Sources
[Cryptotale](https://cryptotale.org/)
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