Major Coins Trading Sideways With Moderate Losses, Bitcoin Near $10,400
Crypto markets are trading sideways, remaining relatively quiet with slight losses throughout the top 20 coins.
Sunday, July 21 — Major coins are mostly trading sideways, remaining relatively quiet with moderate losses over the past 24 hours, according to data from Coin360.
Market visualization from Coin360
Leading cryptocurrency Bitcoin (BTC) broke the $11,000 threshold earlier yesterday, but could not hold its position and dipped to its current price point of $10,406, down by 1.86% on the day. In terms of its weekly performance, BTC has lost 2.20%.
Bitcoin 24-hour price chart. Source: Coin360
The second-largest crypto, Ether (ETH), has taken a downturn as well and is trading at $221.26 at press time, down by 1.34% on the day. ETH began the day at $233.61, hitting its highest mark at $236.05 in the middle of the day before reaching its current price.
Ether 7-day price chart. Source: Coin360
XRP has also experienced slight losses over the last 24 hours, down 1.78% to trade at $0.323 at press time. The altcoin’s weekly chart is showing its price increase by 2.91%, with its lowest price mark of $0.293 on July 16.
XRP 7-day price chart. Source: Coin360
Total market capitalization of all coins is over $288 billion at press time, which is its lowest point on the day. The daily trading volume of all cryptocurrencies is around $59.4 billion.
As reported earlier today, BTC outflows on major cryptocurrency exchange BitMEX notably exceeded the inflows after the firm was reported to be a subject in a regulatory investigation. Over the past 24 hours, BitMEX reportedly saw an outflow of $83 million worth of Bitcoin, while only $12 million came in.