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

Bitcoin Stalls Below $59K as Toncoin and Altcoins Surge

Release: 2024/08/19 22:20 Reading: 447

Bitcoin Stalls Below $59K as Toncoin and Altcoins Surge

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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