Major Coins See Mix of Red and Green as BTC Price Stays Above $8,000

gepubliceerd op by Cointele | gepubliceerd op

Tuesday, Oct. 8 - The top-20 digital currencies are reporting a mix of green and red after a tide of green earlier in the day, with Bitcoin trying to keep above $8,000, according to data from Coin360.

Bitcoin has stayed above the $8,000 threshold during the day, during which its highest price point was $8,355 and the lowest was $8,157.

At press time, the leading cryptocurrency is trading at around $8,205, having gained 0.58% on the day.

Earlier today, Cointelegraph reported that Bitcoin Core developer Greg Maxwell had criticized the "Attractive mystery" that fear of a 51% attack on Bitcoin entails, arguing that it betrays a fundamental lack of understanding about the cryptocurrency.

Ether is slightly up as well, by 1.26% over the day, and is currently trading at around $179.4.

The altcoin has not registered notable price fluctuations today, generally staying near the $180 price mark.

Conversely, the second-largest altcoin XRP has registered a drop of 2.02% on the day to trade at around $0.273 at press time.

Brad Garlinghouse, the CEO of blockchain payments network Ripple that stands behind the XRP token, argued that Facebook will fail to launch its Libra digital currency before 2023.XRP's 24-hour price chart.

None of the other coins on the top-20 list is showing double-digit growth today some of them have outperformed BTC and ETH. Cosmos, Tron, and Dash are major gainers, being up by 7.05%, 3.04% and 2.87% over the day respectively.

The European Union's finance commissioner Valdis Dombrovskis pledged to propose new rules to regulate cryptocurrencies such as Facebook's Libra.

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