Thursday, Oct. 24 - The top-20 cryptocurrencies seem to begin reclaiming after a sharp drop on Oct. 23, when Bitcoin crashed $500 in minutes and dragged other coins down.
Bitcoin continues sitting in the red zone, reporting losses of 0.6% on the day to trade at around $7,442 at press time.
The leading coin has seen low volatility over the past 24 hours, dipping to a low of $7,378 and reaching $7,552 at its highest price point.
Joel Birch, the founder of crypto hedge fund and market research firm Lunar, said that he sees BTC under $8,000 as a buying opportunity.
Ether is up by slightly over 1% over the past day and is currently trading at around $162.27.
On the day, the altcoin has been trading in a narrow corridor between $158.07 and $166.2, which represents its lowest and highest price marks.
The third-largest coin by market cap, XRP, has shown more stable growth, having registered a 3.19% growth on the day to trade at around $0.227.
Other coins on the top-20 list have reported gains from modest 0.02% to a more considerable 14%. The only exception in Unus Sed Leo, which is down 1.55% on the day.
The major gainers are Bitcoin SV and TRON, reporting gains of 14% and 6.5% respectively.
Total cryptocurrency market capitalization is currently at $204.7 billion, wherein BTC's market cap amounts to $134.2 billion.
Crypto Markets Show Slight Growth, BTC Continues Sitting in Red
gepubliceerd op Oct 24, 2019
by Cointele | gepubliceerd op Coinage
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