Share this article
Top 10 Alternative Cryptocurrencies Hit 6-Month Lows
Nearly all top 10 alternative cryptocurrencies have hit their respective 6-month lows after bitcoin's rapid price slide on Tuesday.
Updated Sep 13, 2021, 11:29 a.m. Published Sep 27, 2019, 12:30 a.m.
Nearly all top 10 alternative cryptocurrencies by Market Capitalization have hit their respective 6-month lows after bitcoin's rapid price slide dragged the rest of the markets into the red on Tuesday.
, , Binance Coin , and Stellar (XLM) dropped to their lowest point in over 6-months shortly after BTC's major sell-off forced traders to exit the market in quick succession.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
stands as the outlier on the week after hitting a 658-day low of $0.22 on Sept. 24, marking it as the biggest loser and single-day loss amongst the top 10 by market value.
As seen above XRP leads by a large margin after reaching its lowest point in almost 2 years, while , and Ether suffered the least after hitting only 4-month lows.
Still, the event marks a period where the primary trend for all cryptocurrencies has been thrown into contention after the majority passed below their respective 200-day moving average, a sign of long-term market health, in July.
Further, a total of $16 billion has been siphoned out of the alternative cryptocurrency market since Sept. 24, measured by its total market capitalization excluding bitcoin.
The onus now resides with the bulls to begin appearing in larger numbers to drive values higher, lest the downward pressure forces another major sell-off with an expected target of around $6,200 from bitcoin's measured move from its latest descending triangle breakdown.
Disclosure: The author holds no cryptocurrency at the time of writing.
altcoin image via Shutterstock; chart via Trading View
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Crypto Markets Today: Bitcoin drifts lower as bearish trend persists
Bitcoin slipped overnight, dragging the broader crypto market lower as traders remained cautious with few external cues to provide direction.
What to know:
- BTC dropped 1.5% from its overnight high, with failure to reclaim $94,700 last week reinforcing a downtrend marked by lower highs since early October.
- The CoinDesk 20 has lost 1.6% since midnight UTC, while bitcoin dominance rose, underscoring continued underperformance across altcoins.
- The average crypto RSI sits at 38.49, suggesting the market is oversold and could be due a short-term relief rally despite the absence of clear year-end catalysts.
Top Stories
