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0:00:00 Alt Season 2.0: Ethereum and XRP Post 20% Gains, Litecoin and More Up 10%
0:00:07 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.
0:00:13 At the start of 2019, altcoins like Litecoin, Ethereum, and XRP started to climb and show glimmers of hope that the bear market might finally be over, but a powerful parabolic Bitcoin rally sucked the momentum and capital right out of the altcoin market.
0:00:28 But now that Bitcoin price is stagnating, altcoins are once again starting to rise, posting some of the largest gains seen in all of 2019. It’s caused even the most pessimistic crypto traders to consider that alt season may be finally upon us.
0:00:42 Alt season has become a bit of a meme throughout the bear market, with crypto analysts loudly calling for one each and every time altcoins begin to bounce during their continued downtrend.
0:00:52 And each and every time altcoins eventually get swatted back down to continue the bleeding.
0:00:57 There are presently only two alt coins in the red on Binance.
0:01:01 It’s alt season 2.0, and has been for a while.
0:01:04 Get it while it’s hot.
0:01:06 But as the saying goes, this time may be different.
0:01:09 Ethereum has been leading the charge, with as much as 20% growth.
0:01:14 XRP , one of the worst-performing crypto assets of 2019, has also gained around 20% even as sentiment surrounding the altcoin hits an all-time low.
0:01:23 EOS and Dash are also up by a similar margin.
0:01:27 Ethereum, EOS, Dash, and XRP are up about 20%.
0:01:31 Litecoin, Cardano, Tron, Tezos, and IOTA are up about 10%.
0:01:36 Litecoin, Cardano, Tron, Tezos and IOTA, and others from the top 20 crypto assets by market cap are also up by about 10% or more.
0:01:45 Stellar, which has plummeted further and further throughout the bear market spiked by 40%.
0:01:51 Thanks for watching this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.
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