Monday 27 May 2019

Top cryptocurrencies outperform Bitcoin in latest price pump (except XRP)




Bitcoin‘s price has broken $8,700 to reach its highest value in over a year – but that’s nothing compared to the price growth enjoyed by popular alternative cryptocurrencies like Litecoin (LTC), Binance Coin (BNB), and Bitcoin Cash (BCH). Even controversial cryptocurrency Bitcoin Satoshi Vision (BitcoinSV) pumped more than 60 percent last week, but boutique analysis firm Delphi Digital reports its still one of the worst performers year-to-date. “Historically higher beta names like LTC and BCH outperformed, as some alternative crypto assets played a bit of catch up to Bitcoin,” reads Delphi Digital’s latest market commentary. “Return dispersion was a bit more…

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