Share this article
Market Boom: The 10 Largest Cryptocurrencies Are All Up Today
Bitcoin isn't the only cryptocurrency on the rise today – across the digital asset economy many tradeable tokens posted outsized gains.
By Stan Higgins
Updated Sep 11, 2021, 1:17 p.m. Published May 4, 2017, 6:27 p.m.
They say a rising tide lifts all boats.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Even as bitcoin surged above $1,500 late last night – and crossed the $1,600 on several exchanges this afternoon – the rest of the top 10 cryptocurrencies as listed by market capitalization have seen price increases of at least 8% today.
Ripple's XRP token is emerging as the early winner, rising more than 40%, with an average price of about $0.079 across exchanges. Likewise, litecoin – which has already seen significant price rises in recent days ahead of an expected adoption of the scaling solution SegWit – is up about 22% on the day.
And ether, the cryptocurrency underlying the ethereum network, is up about 14%, at an average price of roughly $89 to reach an all-time high.
As reported by CoinDesk, the development comes amid a larger shift in the cryptocurrency markets that has seen an increasing diversification away from bitcoin. At press time, the Bitcoin Dominance Index, a measurement of the percent of the total market cap invested in bitcoin, had fallen below 60% for the first time in its history.
Still, analysts were largely short on comment when reached.
While some pointed to the technical benefits of various platforms, others were at a loss for words, responding with simple statements such as "WTF" or crediting the increases to "pumping and FOMO".
Industry entrepreneur and analyst Paul Buitink perhaps summed up the events the best, however, adding simply:
"Everything is going up."
Elevator image via Shutterstock
Pete Rizzo contributed reporting.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Bitcoin eyes longest daily winning streak in 3 months
Bitcoin rose over 1% during Monday's Asian trading session, marking a potential five-day winning streak.
What to know:
- Bitcoin rose over 1% during Monday's Asian trading session, marking a potential five-day winning streak.
- The broader crypto market, including major cryptocurrencies like XRP, solana, and ether, also saw gains of up to 1%.
- Tax-loss selling has subsided, one analyst said explaining the upswing, while others attributed the uptick to haven demand.
Top Stories
