Blackcoin finally gets a break after 2-week slump, jumps 17% to above 0.1 mBTC

After nearly two weeks of languishing not far from the key 0.08 BTC level, Blackcoin (BC) is showing signs of life.

It was up by over 17% earlier today, hitting a high of 1.07 mBTC before settling around 0.1 mBTC ($0.048) during the past 4 hours.

The jump is its biggest since a brief spike on August 29 and at least temporarily, delays the likelihood of it breaking the support level and setting new lows.

Volume has been noticeably higher. Nearly $200,000 worth has crossed hands during the past 24h, one of the highest totals among Altcoins Altcoins Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception there have been countless cryptos launched. Many of these have met varying levels of success, though several have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There presently exist over 5,000 altcoins and this number seemingly grows constantly. The paramount altcoins as of May 2020 are Ethereum and Ripple.In terms of struct Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception there have been countless cryptos launched. Many of these have met varying levels of success, though several have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There presently exist over 5,000 altcoins and this number seemingly grows constantly. The paramount altcoins as of May 2020 are Ethereum and Ripple.In terms of struct Read this Term.

It is still way off (nearly 90%) its April highs, when it climbed to 0.9 mBTC.

The coin has climbed back to 16th in market cap rank, now worth $3.7 million.