Bitcoin bull market pulls Kusama (KSM), Decred (DCR) and Qtum price higher

Since breaking through the critical psychological resistance at $20,000, Bitcoin (BTC) price has moved even higher. In the early trading hours, the top-ranked digital asset pushed as high as $23,800 before pulling back to $23,000 but the trend of investors purchasing each dip appears to still be in play.


Crypto market data daily view. Source: Coin360

Although Bitcoin is clearly in a bull phase, many investors are wary to buy at the current levels due to fears of a sharp reversal taking place. Therefore, they are on the lookout for other ‘less expensive’ tokens that are backed by strong fundamentals and also look attractive on the charts.

Let’s take a look at some of the smaller cap altcoins which have been making some strong move over the past week.