"Already, as a result of the short-term bounce of bitcoin, tokens including Aelf (ELF), ICON (ICX), Zilliqa (ZIL), WanChain (WAN), and 0x (ZRX) increased by the range of 6 percent to 21 percent, with ZRX recording a 21.5 percent gain against bitcoin and a 27 percent gain against the US dollar."
Will this just be the short term bounce?
There are even reports in media that this could be a dead cat bounce. So its interesting to see if this is sustainable or not as it looks like the price is still holding at around $6500 which might signal a short term bullish trend. So if this rally holds, then we might see a run up to $7000. Glad to see at least we are heading on a positive direction after hitting as low as $5800 in the previous days.
Of course when the price of bitcoin picks up, some other tokens price increases and follow bitcoin's current trend even registering higher percent gains but its understandable.