While most of the top markets suffer from minor bearish pressure, it seems that doesn’t necessarily affect all of the altcoins on the market. Whereas Bitcoin is struggling a bit across the board, the Electroneum price seems poised to bounce back strongly. While a minor USD loss can still be noted, it seems there is a small uptrend forming in ETN/BTC.
Electroneum Price Holds its own Quite Well
Under the current market circumstances, one would expect all currencies, tokens, and assets that are not Bitcoin to bleed value all over the place. Thankfully, the cryptocurrency ecosystem has matured quite a bit in recent years, meaning not all altcoins will collapse when Bitcoin loses 0.2%. In the case of Electroneum, the current momentum isn’t looking half bad. In fact, it somewhat resembles the current Dogecoin price trend.