Altcoins rising in value amid Bitcoin growth

XRP, LINK, DOGE lead growth among cryptocurrencies as bitcoin hits $36,000 level.

Alternative cryptocurrencies, or altcoins, posted gains of 5-10% on Monday, November 6, while bitcoin hit the $35,000 mark as investors ventured into riskier tokens.

Following key approvals for the company and services in Georgia and Dubai last week, Ripple’s XRP jumped nearly 10% during the day and displaced BNB Binance as the fourth-largest cryptocurrency by market capitalization.

Other large-cap digital assets such as native tokens Cardano and Avalanche, popular meme token dogecoin, oracle network token Chainlink and decentralized exchange token UniSwap rose 5-6% over the past 24 hours.

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