Although Bitcoin (BTC) is in a downward trend, it is noteworthy that some altcoins are on the rise.
Mt. Gox and the German government's BTC transfers continue to have a negative impact on the crypto market. Returning from $59,500 on July 11, Bitcoin quickly dropped to $56,500. Although it received a brief response, it was not enough. So, which altcoins performed well despite the negative course of BTC?
Ripple (XRP)
XRP, which gained 5% value in the last 24 hours, ranks first on the list. This large coin, which experienced less decline than other altcoins, attracted attention with its rapid recovery. XRP investors seem hopeful that the rise will continue.Tron (TRX)
TRX, which has remained resilient despite the general market pullback, is up 4.80% in the last 24 hours. TRX, which increased its price despite the decrease in network activities, gives hope for the bull season. Movement in the TRC-20 network may continue the rise of TRX.Stellar (XLM)
XLM, which attracted attention with the increase of XRP, gained 4.10% in value in the last 24 hours. XLM, which exhibited a similar price movement with XRP, came to the fore after a long time. As the rise in XRP continues, expectations for XLM may also increase.Maker (MKR)
MKR, known for its opposite movements to Bitcoin, did not surprise this time either. Despite testing BTC's support level, MKR turned its direction upward and gained 3.80% in the last 24 hours. BTC's short-term price movements could be decisive for MKR.Cardano (ADA)
ADA, which could not go through the uptrend effectively, became a safe haven during downturns. ADA, which maintains its resistance compared to other altcoins, ranked fifth on the list with an increase of 2.90% in the last 24 hours.
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