Bitcoin continues to slowly improve and is currently hovering above $11,900.

However, altcoins with double and triple digits continue to be pumped in, reducing the dominance of Bitcoin, which reached an annual low of 57%.

Ethereum reaches a two-year high and Sushi enters the list of the top 100 cryptocurrencies by total market capitalization:

The price of Ethereum doubled with the recent increase in the value of the coin by 10%.

ETH is now trading at $462 at the time of writing, a 23% increase since hitting a low of $380 last week.

This is the highest level that Ethereum has reached since the summer of 2018, and the crypto community began to wonder if the second largest cryptocurrency could surpass the $500 level.

Read:Cryptocurrencies for centralized and decentralized trading platforms are present in the recent market rally

The DOT coin is among the biggest and most impressive coins to gain, with the DOT coin coming into the top ten with an increase of 9%.

Meanwhile, LINK is down 6%, which means that the DOT is closing and may soon overtake LINK again in the top five cryptocurrencies gaining ground.

The Sushi coin of Uniswap rival SushiSwap has reacted according to the rapid rise of a new trend in decentralized exchange protocols.

Since SushiSwap has just crossed over $1 billion in lock value, the cryptocurrency has gone up 150% in the last 24 hours alone and entered the top 100 cryptocurrency list by total market capitalization.

According to CoinGecko, “Sushi” was trading at $0.70 on August 29, while the coin is currently at $7.86, which is a 1000% increase.

Bitcoin price exceeds $11,900:

In the past 24 hours, the bitcoin price first reached an intraday high of nearly $11,800, and then crossed that level to reach 11,902 at the time of writing.

Bitcoin is up 7% since the August 27 low of $11,150.

If Bitcoin plans to continue pumping its price, it must first get rid of the first resistance level at $12,000 before it has a chance to reach a new yearly high above $12,450.

Read:Bitcoin Facing the Death Cross… Should You Worry About It?

In the event of a decline in its value, it can count on the supports recorded at $11,600, $11,400 and $11,100 as support before the psychological $11,000 line.

The primary cryptocurrency’s gains are not enough for Bitcoin to protect its dominance in the market, as Bitcoin’s dominance relative to the overall market share has fallen to a new annual low of 56.7%.

Read also:

Report: Bitcoin Holds Rising, Miners Refuse to Sell

The DOT digital currency has generated 2000% returns for investors since its launch