Here Are 3 Cryptocurrencies Riding the Wave of Bitcoin's Recent Rally

Bitcoin (CRYPTO: BTC) set another all-time high on Monday, Oct. 6, breaking the $125,000 barrier and leading to a surge in cryptocurrency prices. The cryptocurrency market cap -- the total value represented by cryptocurrencies -- also topped a record $4.38 trillion, up more than 12% in 30 days. There was already a lot of optimism in crypto markets about what's been dubbed "Uptober," a month that's often ended up in the green. Then came the federal government shutdown, which fueled gains in assets such as crypto, gold, and silver as investors sought alternatives and ways to hedge against uncertainty. In contrast, the U.S. dollar index (DXY) is down about 9% year to date. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool