Saturday, Sept. 21 - crypto markets continued to trade sideways, with the majority of the top 20 coins by market cap seeing losses at press time.
Bitcoin dominance continues to slipAfter briefly dipping below $10,000 threshold, Bitcoin has broken back above $10,000 to trade at $10,041 at press time.
The major cryptocurrency is down 1.1% over the past 24 hours, also seeing a nearly 3% loss over the past 7 days at press time.
Bitcoin's dominance on the market has continued to drop, down from 67.7% at the beginning of the day to 67.5% at press time, according to CoinMarketCap.
XRP, the third cryptocurrency by market cap, rose around 1.1% on the day to trade at $0.292.
The second top altcoin is also seeing notable gains over the past 7 days, up 11.3% at press time.
EOS, the seventh-largest crypto by market cap, is seeing the biggest gains over the past 24 hours at press time, up around 3.2%. As recently reported, EOS is expected to have its first hard fork on Monday, Sept. 23.
In contrast, privacy-focused coin Monero slipped 2.6% over the day, which has led the coin to see the largest losses over the past 24 hours at press time.
Total market capitalization has seen a slight loss over the day, down from $269 billion at the beginning of the day to $267 billion at press time.
On Sept. 19, Tom Lee, Fundstrat Global Advisors co-founder and major Bitcoin bull, expressed his bullish stance regarding the upcoming launch, claiming that it will lead to more trust in Bitcoin and crypto from institutional traders.
Bitcoin's Dominance Drops as BTC Price Briefly Dips Below $10K
gepubliceerd op Sep 21, 2019
by Cointele | gepubliceerd op Coinage
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