Bitcoin Hovers Over $10,300 as Top Altcoins See Mixed Movements
The top 20 cryptocurrencies are reporting mixed movements on the day as Bitcoin’s price hovers over the $10,300 mark again.
Market visualization courtesy of Coin360
Bitcoin 7-day price chart. Source: Coin360
As Cointelegraph reported yesterday, Bitcoin trading is opening new avenues for citizens in communist-run Cuba, which has been financially isolated for years under a United States trade embargo. According to a recent report, Cubans are increasingly using cryptocurrencies to make online purchases, as well as to invest and trade.
Ether (ETH) is holding onto its position as the largest altcoin by its market capitalization, which currently stands at $19.4 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $10.9 billion at press time.
Coin360 data shows that ETH’s value increased by about 0.92% over the last 24 hours. At press time, ETH is trading at around $180. On the week, the coin has also gained about 6.5% of its value.
Ether 7-day price chart. Source: Coin360
XRP is up by about 1.07% over the last 24 hours and is currently trading at around $0.255. On the week, the coin is up about 1.59%.
XRP 7-day price chart. Source: Coin360
At press time, the total market capitalization of all cryptocurrencies is $264.2 billion, about 0.38% higher than the value reported a week ago.