Bitcoin (BTC) is struggling to maintain above $50,500 however that has not stopped the altcoins from following in Ether’s (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% whereas Bitcoin’s dominance has shrunk to 41.1%.

Nonetheless, Bitcoin’s hesitation prior to now few days has not altered the outlook of Bloomberg senior commodity strategist Mike McGlone who has retained a $100,000 goal on Bitcoin and $5,000 on Ether.

Crypto market information day by day view. Supply: Coin360

Aside from the highest two cryptocurrencies, the nonfungible token (NFT) sector had been attracting investor’s consideration since July. Cointelegraph contributor Jordan Finneseth lately advised that the current drop in transaction volumes and some different causes could possibly be signaling a rotation of capital from NFTs to the decentralized finance sector.

Let’s examine the charts of the top-5 cryptocurrencies that will outperform within the brief time period.