Crypto Markets Report Gains, Bitcoin Trades Near $10,000 Mark
Cryptocurrencies have begun growing again after seeing significant losses over the past couple of days.
Thursday, July 25 — After breaking its psychological price point of $10,000 earlier today, Bitcoin (BTC) has been hovering around the position during the day, with other major cryptocurrencies also trading in the green.
Market visualization. Source: Coin360
Bitcoin has seen an increase of nearly 3.61% on the day, and is trading at $9,987 as of press time. Bitcoin started the day at around $9,815 and subsequently saw a spike to $10,192 marking the daily high as of press time.
As a sign of further adoption, a new political action committee supporting presidential candidate Andrew Yang is now allowing donations in BTC via the Lightning Network. To enable Bitcoin-powered fundraising, the committee partnered with BTC payment processor OpenNode.
Bitcoin 7-day price chart. Source: Coin360
Ether (ETH) is trading around $221 at press time, having gained nearly 5% on the day. The altcoin started the day at around $216.70, gradually reaching the current price point. Over the week, the largest altcoin by market cap registered its lowest price point of around $204 on July 24 and hit the highest value of around $234 on July 20.
Ether 7-day price chart. Source: Coin360
XRP has grown by a modest 1.12% over the last 24 hours, and is trading at around $0.315 at press time. On the list of the top-20 coins, the only coins seeing losses on the day are Bitcoin SV (BSV) TRON (TRX), Cosmos (ATOM) and UNUS SED LEO.
The total market capitalization of all digital currencies is at around $266.9 billion at press time, having started the day at $271.7 billion. The weekly high of the metric was around $300.2 billion on July 21.