Altcoins Surge as Bitcoin Dips, Ethereum Leads with 13% Weekly Rise

Share on Facebook Share on Twitter

Why might ETH and SOL rise when the altcoin market capitalization reaches this level?

In recent days, the altcoin market has experienced a notable rally, with ETH, SOL, and XRP recording price increases. While the past week was not the best for Bitcoin investors, as the price of the king coin fell sharply, things were different for altcoin holders like Ethereum [ETH], Ripple [XRP], and Solana [SOL], as their prices rose.

Altcoins benefit from Bitcoin’s losses

The ETF approval proved to be somewhat of a disaster for Bitcoin, as the price fell below the $43,000 mark. However, for altcoins, there was more good news as their altcoin market capitalization chart reached a critical level. Moustache, a popular crypto influencer, recently pointed out a long-term trend line. According to the tweet, altcoins will continuously rise against BTC and could experience massive growth of over 30 times.

Ethereum’s chart is already green

Let’s start the analysis with the king of altcoins, Ethereum. According to CoinMarketCap, ETH rose by more than 13% over the past seven days, which looks remarkable. At the time of writing, ETH was trading at $2,504.65 with a market capitalization of over $301 billion. Our analysis revealed that the ETH price was in a high volatility zone according to the Bollinger Bands. Its MACD continued to show a bullish advantage in the market.

You can also find us on Telegram: Click here to follow our Telegram channel.

What are Solana and XRP doing?

While the king of altcoins recorded double-digit growth in the past week, the prices of Solana and XRP followed a similar increase. Data from CoinMarketCap showed that the price of SOL rose by 6% over the past week, while the value of XRP increased by over 3%. Despite the recent price increases, sentiments around SOL and XRP remained bearish.

Meme coins are bleeding

While the aforementioned altcoins recorded price gains in the past week, the daily charts of the top meme coins were red. For example, Dogecoin [DOGE], the largest meme coin, recorded a decline of over 2.3% in the last 24 hours.

Given all these metrics and market trends, it will be exciting to watch whether history repeats itself and an altcoin rally ensues.

Source: AMBCrypto

Casinos: 48
Profile Bitcoin
Symbol BTC
Coin type Alt Coin
Transaction Speed Slow
  • First cryptocurrency, therefore very widespread
  • Largest selection of casinos among the coins
  • Many BTC based bonus offers
  • Fairly low transaction speed
Price 60.811,00 €
Percent Change 24h 0,24 %
Percent Change 7d -2,32 %
Percent Change 30d -6,61 %
Percent Change 60d 0,65 %
Percent Change 1y 131,67 %
Market Cap 1.198.637.224.470,00 €
Max. Supply 21.000.000
Official Links
Socials Reddit | X | Message Board
Best 3 Bitcoin casinos
Share on Facebook Share on Twitter

The 3 best crypto casinos

100% without limit + 100 Free Spins
Welcome bonus
Cryptocurrencies (11)
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • Dogecoin Logo
  • Ethereum Logo
  • Litecoin Casino
  • Ripple XRP Logo
  • Tether (USDT) Logo
  • tron-logo
  • usd-coin-logo
CoinKings review
Bonus Information CoinKings
Wagering requirements 35x bonus
35x free spins winnings
Minimum deposit €20
Maximum bet €5
Bonus validity 14 days for deposit bonus
7 days for free spins
  • There is no maximum bonus amount.
  • 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
How did we rate this casino

In addition to an unlimited bonus, has a lot to offer. We have a high tolerance for VPNs, an impeccable selection of cryptocurrencies and, above all, an experienced team that immediately provided a wide range of games. In combination, all of this is very convincing.

Author & Responsibility: Gregor Ziegler
Last update by Isabella Brown on 10. June 2024
Anjuan Gaming
Curaçao License
Up to 1 BTC + 100 Free Spins
Welcome bonus
Cryptocurrencies (25)
  • Toncoin
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • Chainlink_Logo
  • dai-logo
  • Dogecoin Logo
  • Ethereum Logo
  • Litecoin Casino
  • Polygon (MATIC) Signet
  • Ripple XRP Logo
  • Tether (USDT) Logo
  • tron-logo
  • usd-coin-logo
  • Zcash Signet (black) review
Bonus Information
Wagering requirements 40x deposit + bonus
40x free spins winnings
Minimum deposit 0.00034 BTC or equivalent
Maximum bet 0.00003 BTC or equivalent
Bonus validity 30 days to claim
14 days to wager
  • Minimum deposit: 0.048 BCH • 0.0068 ETH • 0.26 LTC • 154 DOGE • 20 USDT • 40 XRP • 180 TRX • 48 ADA • 0.04 BNB • 20 BUSD • 20 USDC.
  • Maximum bet per round: 0.005 BCH • 0.0007 ETH • 0.03 LTC • 15 DOGE • 2 USDT • 4 XRP • 19 TRX • 4.8 ADA • 0.004 BNB • 2 BUSD • 2 USDC.
  • Free spins are credited on “Max Miner” by Gamebeat, 20/25 free spins per a day.
How did we rate this casino is our number 1 among crypto casinos because they have kept everything great about Dama Casinos, such as their excellent game selection and well-known reliability, while eliminating the frustrating KYC processes and traditional payment methods that can hinder the full crypto casino experience.

Author & Responsibility: Steven Harper
Last update by Isabella Brown on 19. June 2024
Curaçao License
100% up to 1 BTC
Welcome bonus
Cryptocurrencies (9)
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • Dogecoin Logo
  • Ethereum Logo
  • Litecoin Casino
  • Tether (USDT) Logo
  • tron-logo
  • usd-coin-logo
Metaspins review
Bonus Information Metaspins
Wagering requirements 40x bonus
Minimum deposit 0,1 mBTC
Maximum bet $5 per spin
Bonus validity 7 days to wager
  • There is no cap on winnings or withdrawals.
How did we rate this casino

Metaspins is still a very young crypto casino, but it can already convince with a very modern website, a good selection of games and, above all, an excellent bonus.

Isabella Brown
Author & Responsibility: Isabella Brown
Last update by Michael Schmitz on 14. June 2024
Curaçao License

Latest News

Created by

As a bit of a nerd and travel fan, I get to combine many things at KC. As a member of the team, I can ensure that our readers play in reputable casinos and at the same time contribute to the technical development. I do that from Germany or Spain, my adopted country.

Last update: 11. June 2024 Logo Advertising transparency

We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.

Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.

We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.

Why trust us?

We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.

We use cookies. By using this site, you accept them.

Compare Casinos Choose up to 3 casinos to compare