Bitcoin (Bitcoin) Is working hard to stay above $50,500, but this has not stopped altcoins from following Ethereum (Ethereum) The footsteps after the top-ranked altcoin reached $4,000 on September 3. This pushed Ethereum’s market dominance to more than 20%, while Bitcoin’s dominance has shrunk to 41.1%.

However, Bitcoin’s hesitation in the past few days has been Did not change the outlook Mike McGlone, senior commodity strategist at Bloomberg, has a goal of $100,000 in Bitcoin and $5,000 in Ethereum.

Daily view of encrypted market data. source: Coin 360

In addition to the top two cryptocurrencies, the non-fungible token (NFT) industry has been attracting investors’ attention since July. Cointelegraph contributor Jordan Finneseth recently stated that the recent decline in transaction volume and other reasons may indicate Capital rotation From NFT to decentralized financial sector.

Let’s study the charts of the top 5 cryptocurrencies that may outperform the market in the short term.