Most Top-20 Coins See Slight Red as Bitcoin Price Slips Below $8.1K

Saturday, Oct. 5 - crypto markets are trading sideways today, with most of the top 20 coins by market cap seeing losses and Bitcoin dipping below $8,100.

Only three coins out of the top 20 cryptos are up over the past 24 hours at press time, with Iota seeing the largest gains of over 2.3%. In contrast, Algorand, the 17th crypto by market cap, is down the most, sliding nearly 2.7%.Market visualization.

Despite volatility, Bitcoin is almost flat over the past week.

After hovering around $8,100 for the past two days, Bitcoin dropped below the threshold today to touch an intraday low of $8,043.

At press time, Bitcoin is trading at $8,095, down around 1% over the past 24 hours.

Still, Bitcoin is almost flat over the past 7 days, down just around 0.3% over the period from $8,127 price recorded 7 days ago.

Ether, the second cryptocurrency by market cap, is down nearly 0.6% over the day to trade at $176. Over a 7-day period, Ether is still up 1.5%.Ether seven-day price chart.

XRP, the third top cryptocurrency by market cap, is one of the few coins seeing some gains on the day at press time.

XRP is trading at 0.256, up around 0.2% over the past 24 hours while holding significant gains of 5.5% over the past 7 days.

S&P 500 is almost flat over a one-year period, while Bitcoin is up 21% from $6,600 in October 2018.