Bitcoin Stays Near $4,100 as Top Cryptos See Mixed Movements
The top 20 cryptocurrencies are reporting mixed movements on the day as Bitcoin stays near $4,100.
Market visualization courtesy of Coin360
Bitcoin has seen nearly no price movement on the day, trading at around $4,095 after having reported a mid-day high of $4,275, according to CoinMarketCap. Looking at its weekly chart, the current price is nearly one and three quarters of a percent lower than the value of BTC one week ago.
Bitcoin 7-day price chart courtesy of CoinMarketCap
Bakkt, the company trying to launch the much-awaited physically delivered Bitcoin futures later this year, announced yesterday that former cybersecurity expert at IBM, Cisco and Endgame Tom Noonan will become the chairman of its board of directors.
Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.9 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $13 billion by press time.
ETH is up by just three quarters of a percent over the last 24 hours. At press time, ETH is trading around $142, after having started the day at nearly the same price. On its weekly chart, Ethereum has seen its value decrease by about three and a half percent.
Ethereum 7-day price chart courtesy of CoinMarketCap
Second-largest altcoin Ripple has gained 1.42 percent over the 24 hours to press time, and is currently trading at around $0.312. Looking at the coin’s weekly chart, its current price is nearly identical to the one it reported a week ago.
Ripple 7-day price chart courtesy of CoinMarketCap
The total market cap of all cryptocurrencies is currently equivalent to $143.6 billion, which is nearly 2.5 percent higher than $140 billion, the value it saw one week ago.