Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH

Posted on by American Coins & Gold

Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH
Bitcoin (BTC) and ether (ETH) were little changed over the past 24 hours, though currencies associated with Solana and Polkadot – both alternatives to the Ethereum blockchain – were outperforming along with gaming tokens like Axie Infinity’s AXS.Bitcoin was down 2% in the last 24 hours. The price briefly dipped Wednesday after the U.S. Federal Reserve’s announcement of a plan to taper, or cut back, its $120 billion monthly in bond purchases starting this month.The world’s largest cryptocurrency by market value dropped as low as $60,530 at around 6:00 p.m. UTC on Wednesday, but recovered shortly and traded back above…