After crossing $11,000 recently, bitcoin has corrected downward to trade under $10,700.
Market visualization courtesy of Coin360
Bitcoin 7-day price chart. Source: Coin360
As Cointelegraph reported yesterday, bitcoin crossed $11,000 in under 24 hours after crossing $10,000.
Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at over $32.8 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $19.9 billion at press time.
Coin360 data shows that ether’s price has decreased by 1.69% over the last 24 hours. On the week, the coin has also gained over 13% in value. Just yesterday, ether hit a 10-month high.
Ether 7-day price chart. Source: Coin360
XRP is up just over 1% over the last 24 hours and is currently trading at around $0.473. On the week, the coin is up about 12%.
XRP 7-day price chart. Source: Coin360
Among the top 20 cryptocurrencies, both bitcoin cash (BCH) and tron (TRX) are seeing reasonable gains, both trading up over 4% at press time to trade at $478.68 and $0.036, respectively.
At press time, the total market capitalization of all cryptocurrencies is $324 billion, over 14.8% higher than the value it reported a week ago.
Visit the USSA News store!
Click this link for the original source of this article.
Author: Adrian Zmudzinski
This content is courtesy of, and owned and copyrighted by, https://cointelegraph.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact the USSANews.com administrator by using the contact form located in the top-left menu. Your request will be immediately honored. Please visit https://cointelegraph.com for more terrific, conservative content. The owner of this website may be paid to recommend American Bullion. The content of this website, including the positive review of American Bullion, the negative review of its competitors, and any other information may not be independent or neutral.