Cryptocurrency Markets Mainly See Red, Bitcoin Hovers Below $6,600

Saturday, September 29: crypto markets are mainly seeing red today, with only five out of the 20 top cryptocurrencies by market cap seeing some growth by press time, according to CoinMarketCap.

Bitcoin has failed to hold $6,700 support, dropping below the $6,600 price point over the day.

The top cryptocurrency is down around 1.8 percent over a 24 hour period, and is trading at around $6,539 at press time.

Shortly after testing $6,700 yesterday, Bitcoin has again plunged below its weekly and monthly gains, down 2.1 and 6.5 over the past 7 days and 30 days respectively.

Ethereum is up around 1.8 percent over the past 24 hours, trading at around $231. The top altcoin has seen some fluctuation down over the day, with its intraday low amounting to $215.Ethereum 7-day price chart.

Third top cryptocurrency Ripple has seen more gains over a 24 hour period.

While the monthly growth of over 60 percent represents an increasing price trend in the long term, Ripple is slightly down over the week, seeing losses of around 2 percent.

Total market cap has been hovering around the $220 billion point over the day: at press time, total market cap is equal to around $221 billion.

Bitcoin Cash is seeing the largest gains over the past 7 days, up almost 12 percent over the week, which follows a major upswing earlier this week.

The coin is down around 0.9 percent over a 24 hour period, and is trading at $537.Stellar, the sixth top coin by market cap, is up around 6.9 percent over the past 7 days, also seeing modest gains over the past 24 hours.