Altcoins are starting to recover as Bitcoin continues higher.
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%).
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