Crypto altcoins are outperforming with Bitcoin ‘gravitating’ toward $50,000

December 9, 2023

Cardano surged as much as 30% on Friday, while Solana gained about 8% and Avalanche increased 12%. Meanwhile, Bitcoin was up about 2% and Ether was down around 1%. Combined, the two largest tokens account for about 70% of crypto’s $1.6 trillion market capitalization.

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