Stellar, 0x and Monaco Lead the Crypto Market Higher

Altcoins are starting to recover as Bitcoin continues higher.

After a three-day selloff leading into the weekend, the cryptocurrency market has recovered over the last 24 hours, lead by notable altcoins including 0x (ZRX), Stellar (XLM) and Monaco (MCO).

The AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens, jumped from 100.95 to 103.18 over the last 24 hours as of 1:00 AM (EST), representing a 1.7% gain. Over the previous 7 days, the ALT100 hit as high of 109.1 on Wednesday, before pulling back.

The major constituents of the ALT100 include Bitcoin (48.76%), Ethereum (17.46%), Ripple (6.79%), Bitcoin Cash (5.16%), EOS (2.73%), and Stellar (1.95%).

AltDex

The biggest gainers within the ALT100 include 0x (+10.63%), Monaco (+9.25%), Nuls (+7.74%), and Stellar (+7.26%).

Other cryptocurrency categories have recovered over the last 24 hours as well. The AltDex Exchange Token Index (ALTEXC), a benchmark index for the industry’s leading exchange tokens, has increased 3% while the AltDex Privacy Index (ALTPRV), a benchmark index of privacy-focused cryptocurrencies and tokens, is up 2.2%.


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Author: Craig Russo 

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