Bitcoin Price Hovers Under $8,800 as Top Altcoins See Minor Gains

Ethereum

Saturday, Nov. 9 — most of the top 20 cryptocurrencies are reporting minor gains on the day at press time, as Bitcoin (BTC) hovers under the $8,800 mark again.

Market visualization courtesy of Coin360

Bitcoin price is currently up by 0.27% on the day, trading at around $8,795 at press time, according to Coin360. Looking at its weekly chart, the coin is down by almost 5.5%.

Bitcoin 7-day price chart. Source:Coin360

As Cointelegraph recently reported, yesterday Bitcoin fell below $9,000 and lost over $200 in an hour.

Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $19.9 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $11.9 billion at press time.

Coin360 data shows that ETH has seen its value increase by about 0.52% over the last 24 hours. At press time, ETH is trading around $182. On the week, the coin has also lost about 1.08% of its value. 

Ether 7-day price chart. Source:Coin360

XRP is up by about 0.96% over the last 24 hours and is currently trading at around $0.277. On the week, the coin is down by about 5.46%.

XRP 7-day price chart. Source:Coin360

Among the top 20 cryptocurrencies, the only one reporting losses is Unus Sed Leo (LEO), which is down 0.32% on the day.

At press time, the total market capitalization of all cryptocurrencies is $240.1 billion, about 3.72% lower than the value it reported a week ago.

Keep track of top crypto markets in real time here

Products You May Like

Articles You May Like

Here’s how to report 2022 crypto losses on your tax return
More than 5 million households still behind on rent — what to do if yours is among them
Betting on turmoil: Deribit launches Bitcoin volatility futures
College acceptance and financial aid letters are going out — how to understand your offers
ChatGPT won’t replace developers – ETHDubai devs weigh in

Leave a Reply

Your email address will not be published. Required fields are marked *