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