Bitcoin price circles around the $10,100 mark while most of the top 20 cryptocurrencies see moderate gains on the day.
Sunday, Aug. 25 — Most of the top 20 cryptocurrencies are seeing moderate gains on the day while Bitcoin (BTC) circles around the $10,100 mark.
Market visualization courtesy of Coin360
Bitcoin price is up by 1.67% on the day, trading at around $10,135 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 0.78%.
Bitcoin 7-day price chart. Source: Coin360
Ether (ETH) is holding onto its position of the largest altcoin by market capitalization, which currently stands at $20.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $11.8 billion at press time.
Coin360 data shows that ETH’s value increased by about a percent over the last 24 hours. At press time, ETH is trading around $191. On the week, the coin has also gained about 3.24%.
Ether 7-day price chart. Source: Coin360
XRP is up by about 3.3% over the last 24 hours and is currently trading at around $0.275. On the week, the coin is up about 3.77%.
XRP 7-day price chart. Source: Coin360
Among the top 20 cryptocurrencies, the only ones seeing losses are Unus Sed Leo (LEO), down 0.73%, Chainlink (LINK), down 0.59%, and Binance Coin (BNB), which is down a fraction of a percent.
At press time, the total market capitalization of all cryptocurrencies is $265.6 billion, about 0.22% higher than the value it reported a week ago.
As Cointelegraph reported yesterday, Ethereum is in a bear market, but Placeholder VC partner Chris Burniske explained why he believes ETH/USD is a great long-term investment.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.