Saturday, Sept. 28 - All of the top-20 cryptocurrencies by market cap have entered the green zone, recovering from recent losses, with Bitcoin hovering above the $8,000 mark, according to Coin360.
Over the past day, Bitcoin has been trading in a narrow corridor between $7,889 and $8,244, which mark the coin's lowest and highest price points over the past 24 hours.
At press time, BTC is trading at around $8,093, up around 1.6% on the day.
On its weekly charts, BTC is down by 20.4%, while its monthly losses amount to 18.16%.Yesterday, Bitcoin's Lightning Network developer Rusty Russel published a full disclosure of the network's vulnerability discovered in August, accompanied by a solution.
The second-largest crypto by market cap Ether is currently trading at around $171,4, having gained 4.08% on the day at press time.
ETH dipped to its lowest price point of the week at $161 on Sept. 24, reaching an intraweek high of $218 on Sept. 21.Ether 7-day price chart.
XRP has gained over 1% on the day and is trading at around $0.239 as of press time.
The altcoin started the day near $0.234, gradually reaching its current price point.
Over the week, the third-largest cryptocurrency by market cap registered losses of 17.9%, while its monthly losses are 6.79%.XRP's seven-day price chart.
Total market capitalization of all cryptocurrencies is around $215.5 billion as of press time.
Crypto Markets Turn Green Following Tough Week, BTC Price Above $8,000
gepubliceerd op Sep 28, 2019
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.