Top Cryptos See Minor Losses as Bitcoin Falls Towards $3,900

Most of the top 20 cryptocurrencies are reporting minor losses as Bitcoin falls towards $3,900.

Sunday, March 10 — most of the top 20 cryptocurrencies are reporting minor losses on the day by press time. Bitcoin (BTC) is falling towards the $3,900 mark again, according to Coin360 data.

Market visualization from Coin360

Market visualization from Coin360

At press time, Bitcoin is down just under 1 percent on the day, trading at around $3,931, according to CoinMarketCap data. Looking at its weekly chart, the current price is over 2 percent higher than $3,845, the price at which Bitcoin started the week.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: CoinMarketCap

Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.3 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $13 billion.

ETH is down by 1.3 percent over the last 24 hours. At press time, ETH is trading around $136, after having started the day around $138. On its weekly chart, Ethereum has seen its value increase by about 2.2 percent from $133, ETH’s price last Saturday.

Ethereum 7-day price chart

Ethereum 7-day price chart. Source: CoinMarketCap

Recently a report claimed that over 80 percent of the total circulating supply of Ethereum is held by 7,572 addresses.

Second-largest altcoin Ripple has seen almost no price movement in the 24 hours to press time and is currently trading at around $0.313. Looking at the coin’s weekly chart, its current price is almost identical to the price at which it started the week, down 0.32 percent.

Ripple 7-day price chart

Ripple 7-day price chart. Source: CoinMarketCap

Among the top 20 cryptocurrencies, the ones experiencing the most notable price action are Stellar (XLM), which is up nearly 11 percent, and NEM (XEM), which is down over 4 percent.

The total market cap of all cryptocurrencies currently stands at $134.1 billion, over 3 percent down from $129.7, its value one week ago.

Total Market Capitalization 7-day chart

Total Market Capitalization 7-day chart. Source: CoinMarketCap

As Cointelegraph recently reported, Fidelity Digital Assets, the digital currency wing of United States financial services giant Fidelity, is now live with a select group of clients.

Publication date: 
03/10/2019 - 19:41