In the latest digital currency news, we are focusing on the altcoin movements – particularly the best performing altcoins over the past week and their considerable rises. While the equity markets is suffering from the worst week in the past 10 years, the crypto market has bounced sharply from its lows and showed the first signs of a recovery.
Bitcoin Cash (BCH)
BCH/USD saw massive buying over the past week in a surge that helped the altcoin regain the fourth spot in terms of market capitalization. Today, the price of Bitcoin Cash crossed the $200 mark and is trading at $202 with a $666 million market cap.
IOTA (MIOTA)
The IOTa foundation and Audi have recently presented their collaboration to a select audience where the focus was finding solution for real world problems in the area of mobility, IoT and the automotive industry. This made the price of IOTa to rise this Monday and is now trading at $0.377 with a market cap of $19 million, safe at the 12th place.
TRON (TRX)
Since the number of TRON mainnet accounts surpassed 900,000, the technology behind TRON achieved a significant milestone and the price showed instant positive results. Tron (TRX) is now holding the 10th spot with a price of $0.22 and a market cap that is only $2 million short of the 9th-placed Bitcoin SV (BSV).
Bitcoin SV (BSV)
At one point, Bitcoin SV and Bitcoin Cash were trading with an only $10 difference in their price. However, the recovery saw Bitcoin Cash above the $200 mark and Bitcoin SV close to the $110 mark with a market cap of $192 million.
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