Here Are 2 Altcoins That Have Held Up Better Than Most During Bitcoin Volatility
The post Here Are 2 Altcoins That Have Held Up Better Than Most During Bitcoin Volatility appeared on BitcoinEthereumNews.com.
Investors are feeling a sense of unease after the recent Bitcoin volatility. But a few top altcoins weathered the storm against all odds. Among the sturdy performers, RUNE and Rollblock’s GambleFi protocol have held their ground and showed huge bullish potential. RUNE has extended its 7-day win to 13% while Rollblock extends presale success with a three-figure presale gain and over $2.1 million in funding. Ready to explore the top altcoins that held on better during this Bitcoin volatility? Read on. Bitcoin volatility pushes BTC price below $60 Bitcoin volatility has reared its unstable head after losing over $20k from its $70k monthly high. The dramatic swing has left investors on the edge despite the recent positive sentiment around Bitcoin. Currently, Bitcoin is hovering around $58k, with a 12% descent on the monthly chart. But Bitcoin has a history of bouncing back from gut-wrenching dips like this. Onchain data from LookonChain shows a moderate uptick in whale accumulation. Goldman Sachs’ disclosure of $418 million in Bitcoin ETFs has cemented institutional interest. In fact, Robin Linus’ recent BitVM unveiling for Bitcoin programmability couldn’t help. RUNE extends YoY lead to 130%. Analysts predict 400% more to come. The recent Bitcoin volatility has had top altcoins blowing off the bear steam. But THORChain has been a firestorm as it only extended its year-on-year gain to an impressive 130%. In fact, RUNE‘s 7-day 15% surge to $3.78 made it one of the top altcoin gainers for the week. It’s no surprise to many savvy investors. THORChain’s recent partnership with Kujira, which saw the integration of SwapKit and Noble for streamlined asset deposits, hit home for many investors. Analysts have also predicted a 400% gain if RUNE can break through crucial resistance levels at $5 and $7. Rollblock dominates the top altcoins chart with GambleFi…
Filed under: News - @ August 18, 2024 10:17 am