Bitcoin Hovers Near $5,100 as Top Cryptos See Slight Losses
Most of the top 20 cryptocurrencies are reporting slight losses as Bitcoin hovers near the $5,100 mark.
Market visualization courtesy of Coin360
Bitcoin’s price is up about half a percent on the day, trading at around $5,107 by press time, according to CoinMarketCap. Looking at its weekly chart, the current price is also just half a percent higher than the price at which Bitcoin started the week.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $17.4 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $13.7 billion by press time.
ETH has seen almost no change over the last 24 hours, down a fraction of a percent. At press time, ETH is trading around $165. On the week, the coin has also seen almost no gross change, but reported a mid-week high of $184 on Monday.
Ethereum 7-day price chart. Source: CoinMarketCap
Second-largest altcoin Ripple is also seeing fractional losses over the 24 hours to press time and is currently trading at around $0.327. Looking at the coin’s weekly chart, however, its current price over 8% lower than what it reported one week ago.
Ripple 7-day price chart. Source: CoinMarketCap
Among the top 20 cryptocurrencies, the only one reporting notable gains is Binance Coin (BNB), which is up almost three percent. BNB has seen slightly more gains on the week.
The total market cap of all cryptocurrencies is currently equivalent to $173.1 billion, which is close to two percent lower than $175.6, the value it reported a week ago.