{"id":53759,"date":"2021-01-11T09:01:00","date_gmt":"2021-01-11T09:01:00","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=53759"},"modified":"2021-01-11T09:01:00","modified_gmt":"2021-01-11T09:01:00","slug":"while-bitcoins-price-dips-in-value-crypto-assets-like-ethereum-and-bitcoin-cash-shine","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=53759","title":{"rendered":"While Bitcoin\u2019s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/bbbbb-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine\" loading=\"lazy\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/bbbbb-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb-760x428.jpg 760w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bbbbb.jpg 1280w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\"><\/p>\n<p><strong>The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop.<\/strong><\/p>\n<p><em>** This post has been updated to reflect the recent bitcoin (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>) price change at 3:33 p.m. (EST) on Sunday, January 10, 2021.<\/em><\/p>\n<ul>\n<li>Bitcoin (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>) dropped to a low of $37,194 on Sunday, January 10, 2021, after hitting its all time high a day and half prior. Currently, <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> is down over 6.4% and is trading for $38,239 per unit during Sunday\u2019s afternoon trading sessions (EST).<\/li>\n<li>On Saturday and Sunday, while <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> consolidated, ethereum (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a>) jumped to a 2021 price high of $1,340 per coin. <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/ETH\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a> is still up today over 4% and is swapping for $1,285 per token on Sunday.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter wp-image-435627 size-full\" title=\"While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/btc101.jpg\" alt=\"While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine\" width=\"1280\" height=\"720\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/btc101.jpg 1280w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/btc101-760x428.jpg 760w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"><\/p>\n<ul>\n<li>Another cryptocurrency that has seen significant gains this weekend is bitcoin cash (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\" target=\"_blank\" rel=\"noopener noreferrer\">BCH<\/a>) which is up 14% today. However, yesterday <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\" target=\"_blank\" rel=\"noopener noreferrer\">BCH<\/a> was up over 30% and traded at a 2021 high of $625 per unit. Bitcoin cash (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BCH\" target=\"_blank\" rel=\"noopener noreferrer\">BCH<\/a>) is currently trading for $612 per coin and has a market cap of around $11.2 billion.<\/li>\n<li>Litecoin (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/LTC\" target=\"_blank\" rel=\"noopener noreferrer\">LTC<\/a>) did very well on Saturday as well, spiking to $185 per unit and today the coin is swapping for 170 per <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/LTC\" target=\"_blank\" rel=\"noopener noreferrer\">LTC<\/a>. The crypto asset <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/LTC\" target=\"_blank\" rel=\"noopener noreferrer\">LTC<\/a> is only down 1% during the last 24 hours and commands a market cap of around $11.3 billion on Sunday.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-435631\" title=\"While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/eth101.jpg\" alt=\"While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine\" width=\"1280\" height=\"720\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/eth101.jpg 1280w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/eth101-760x428.jpg 760w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"><\/p>\n<ul>\n<li>Another strong runner this weekend in terms of gains is monero\u2019s (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/XMR\" target=\"_blank\" rel=\"noopener noreferrer\">XMR<\/a>) market valuation. <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/XMR\" target=\"_blank\" rel=\"noopener noreferrer\">XMR<\/a> jumped to $174 per coin and the crypto asset is still up over 18% on Sunday. Data from markets.Bitcoin.com shows monero\u2019s overall market valuation is only $3 billion today.<\/li>\n<\/ul>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-435629\" title=\"While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/bch101.jpg\" alt=\"While Bitcoin's Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine\" width=\"1280\" height=\"720\" srcset=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2021\/01\/bch101.jpg 1280w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-300x169.jpg 300w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-1024x576.jpg 1024w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-768x432.jpg 768w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-696x392.jpg 696w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-1068x601.jpg 1068w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-747x420.jpg 747w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-190x107.jpg 190w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-380x214.jpg 380w, https:\/\/news.bitcoin.com\/wp-content\/uploads\/2021\/01\/bch101-760x428.jpg 760w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"><\/p>\n<ul>\n<li>The top five gainers on Sunday have seen gains between 40% to 91% and include coins such as stakenet, bitcoin diamond, ethereum classic, ultrain, and horizen. The top losers on Sunday include appcoins, nexus, navcoin, everex and golem as the assets have lost between -19% to -30% in value today.<\/li>\n<\/ul>\n<p><!-- growjs zone placement 31 --><ins> <ins class=\"growjs-placement\"><\/ins> <\/ins> <!-- end of growjs zone placement --> <\/p>\n<ul>\n<li>After the <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> all-time price high pushed the Bitcoin Dominance Index (BDI) to 70% recently, the recent value spikes from other coins have pushed the BDI down to 68%.<\/li>\n<li>At the time of publication, the entire crypto market economy is still valued at over 1.03 trillion U.S. dollars. The overall market cap is still up over 7% despite the losses <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> has taken during the last 24 hours.<\/li>\n<li>**Update: Since this post published at 2:46 p.m. (EST), the price of bitcoin (<a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>) had plunged to a low of $34,322 per unit. At 3:33 p.m., the price is hovering around $36,660 per coin. The rest of the crypto economy had also seen some decent percentage losses after <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> slid below the $35k range on Sunday.<\/li>\n<\/ul>\n<p>Check out all the latest cryptocurrency price action in real-time at <a href=\"https:\/\/markets.bitcoin.com\/\">markets.Bitcoin.com<\/a>.<\/p>\n<p><em><strong>What do you think about the coins that have seen significant gains while bitcoin prices have slumped? Let us know what you think about this subject in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener noreferrer\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop. ** This post has been updated to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":53760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-53759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/53759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53759"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/53759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/53760"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}