NEO and Bitcoin Cash (BCH) lead the rally in the crypto market while other coins are struggling.
Several top ten coins were doing well all week, have now begun to waver. Ripple (XRP) is down; as are Stellar (XLM) and EOS. Within in the top ten cryptocurrencies, NEO and Bitcoin Cash are in the lead.
NEO is the second biggest winner of the day so far within the top ten cryptos. This altcoin is currently selling at $130.10 and is up 6.15% at the time of writing. The coin does seem to be taking a downturn, however, and its gains may not last for much longer.
The 7th largest cryptocurrency has grown by 106,742.5% in the past year, an incredible feat for any coin. Despite this massive growth, NEO has yet to return to its January level this year, where it peaked in the $170 range.
Bitcoin Cash (BCH)
Bitcoin Cash has taken the lead today, throwing all the other top ten cryptos out of the playing field. Currently selling for $1,518.61, BCH is up by 10.38% in the past 24 hours. Will the coin continue its climb or will it begin to level off?
After spiking earlier in the day, BCH does seem to haveleveledd off. There doesn’t seem to be anything major going on in the crypto world that could explain why Bitcoin Cash is doing well today. Most of the news is comparing BCH to Litecoin Cash – a fork many are saying is a scam, including Litecoin founder Charlie Lee.
The Other Top Ten
As far as the rest of the coins go in the top ten, here’s where they’re all sitting at right now:
- Bitcoin: $10,175; up 2.21%
- Ethereum: $943.31; up 0.56%
- Ripple: $1.14; down 0.95%
- Litecoin: $233.23; up 5.38%
- Cardano: $0.404669; up 0.12%
- Stellar: $0.452779; down 0.09%
- EOS: $10.03; down 0.94%
- IOTA: $2.11; up 1.58%
Featured image: Lalmch