Top-20 Coins Experience Downward Trend, BTC Stick Near $8,600

gepubliceerd op by Cointele | gepubliceerd op

Thursday, Oct. 10 - Following an impressive rally yesterday, major crypto markets have slowed to trade in the red over the past day.

Bitcoin has stuck to $8,600, while other major coins are experiencing a downward trend.

At press time, the leading coin is trading at around $8,576, down 0.34% on the day.

The trading volume of BTC futures on the Intercontinental Exchange's Bakkt platform reportedly soared to 224 contracts on Oct. 9 - 796% higher than the previous day, representing an all-time high for the platform.

Top altcoin Ether has lost about 0.18% during the past 24 hours and is trading at around $191.84 at press time.

As he said at a conference earlier in the day, the chairman of the United States Commodity Futures Trading Commission believes Ether to be a commodity - and that ETH futures trading is becoming a reality.

XRP has experienced more notable losses over the past day, dropping by more than 3% to trade at around $0.273.

On the top-20 cryptocurrencies list, only Algorand and Tether are trading in the green zone, up by 6.88% and 0.2% respectively.

The biggest losers on the day among the top-20 coins are Chainlink and Ethereum Classic with losses of 4.22% and 3.78% respectively.

Earlier today, cryptocurrency exchange OKEx announced the end of Monero, DASH, Zcash, Horizen and Super Bitcoin trading on its platform.

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