As the bearish pressure continues to dominate the vast majority of cryptocurrency markets, it will be interesting to see how things evolve in the near future. As Bitcoin remains stuck in the red, it is only normal alternative markets see a similar trend. One notable exception comes in the form of the Waltonchain price, which is moving up without too many problems. A surprising turn of events, but one that also shows the bears might not be here to stay.

Waltonchain Price Spike Offers Hope

In the cryptocurrency world, virtually all markets will follow Bitcoin’s price trend first and foremost. That is only normal, as all of these currencies are traded against Bitcoin as their main trading offering. This can cause a lot of problems for these markets moving forward, as they will lose a lot of value when Bitcoin is dropping in price. Waltonchain is an interesting exception today, even though its gains are not necessarily all that steep either.

Over the past 24 hours, the Waltonchain price has risen by 3.65% to climb back to…

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Source: https://themerkle.com/waltonchain-price-notes-solid-gains-as-bearish-pressure-relents/