Bitcoin Hovers Around $10,130 as Altcoins Suffer Minor Losses

On Aug. 24, most of the top 20 cryptocurrencies are suffering moderate losses on the day while Bitcoin (BTC) hovers around the $10,130 mark.

Market visualization

Market visualization courtesy of Coin360

Bitcoin price is currently down by 0.6% on the day, trading at around $10,130 at press time, according to Coin360.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: Coin360

Ether (ETH) is holding onto its position as the largest altcoin by its market capitalization, which currently stands at $20.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $11.6 billion at press time.

Coin360 data shows that ETH’s value decreased by about 0.52% over the last 24 hours. At press time, ETH is trading at around $191. On the week, the coin has also gained about 3.24%.

Ether 7-day price chart

Ether 7-day price chart. Source: Coin360

XRP is down by about 0.43% over the last 24 hours and is currently trading at around $0.272. On the week, the coin is up about 4.21%.

XRP 7-day price chart

XRP 7-day price chart. Source: Coin360

Among the top 20 cryptocurrencies, the only ones reporting over half of a percent worth gains other than Bitcoin are Tezos (XTZ), which is up about 2.71%, IOTA (MIOTA), which is up about 1.62%, and Unus Sed Leo (LEO), which is up 0.56%.

At press time, the total market capitalization of all cryptocurrencies is $268.5billion, about 0.15% higher than this value was a week ago.

Representative Maxine Waters, chair of the U.S. House of Representatives’ Financial Services Committee, stated the organization will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra.

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