Today, bitcoin soared past $9,500 in busy Monday trading. The real market story may be the rise in value of a number of altcoins led by Litecoin which hit a record $87.

Let’s look at trading values and 7-day trends today (Nov 27) for the top 14 alternate digital currencies according to Coinmarketcap.com.

Altcoin Market Trends are positive

Cryptocurrency market trends for altcoins are up impressively in the past seven days and trending positively.  As the chart shows, 13 of the top 14 altcoins have risen in value driven strongly by Asian markets.

Altcoin  Value  Market Cap (Billions) 24-hr trend 7-day trend
Ethereum  $   481.24 $ 46.2 2.52% 30.20%
Bitcoin Cash  $1655.40 $ 27.9 -3.59% 38.96%
Ripple $        0.25 $  9.8 1.33% 5.08%
Bitcoin Gold  $  364.09 $  6.7 4.51% 107.02%
Litecoin  $    90.85 $  4.9 5.27% 25.22%
Dash  $   635.17 $  4.9 1.12% 27.02%
IOTA  $        1.05 $  2.9 28.75% 8.25%
Monero  $   167.84 $  2.6 2.54% 20.58%
Ethereum Classic  $     26.39 $  2.6 19.57% 42.26%
NEO  $     39.64 $  2.6 2.95% 9.17%
NEM  $       0.22 $  2.0 2.93% 4.76%
EOS  $       2.84 $  1.4 14.14% 44.16%
Cardano  $        0.51 $  1.4 40.33% 70.00%
Qtum  $     14.70 $  1.1 -0.50% -1.40%

Data Trends

Here’s how we interpret the altcoin market data and a couple of takeaways:

  • investors are opening up to altcoins as bitcoin hits record levels
  • altcoin values can swing quickly in either direction, witness Bitcoin Cash
  • not all altcoins are equal and require careful analysis
  • more insight, education and research into altcoins would benefit the market.

What’s ahead for altcoins is anybody’s guess but renewed interest is a positive sign for the market.

You can find more cryptocurrency market data and trend charts at Coinmarketcap.com.