Hey ninjas, how’s the trading going? The largest and most popular cryptocurrency Bitcoin has dipped once again after crossing the $8,000 mark yesterday. Yesterday, BTC initially traded around $8,100 and reported gains over 1% on the day, But later depreciated and dipped below $7,000 once again.
BTC is trading at $7,902 and is reporting losses of 0.82% at press time. Bitcoin has been struggling to hold $8k since its dip in June, it achieved its highest price value yesterday trading at $8,114 before dipping, BTC market cap value at press time is over $142 billion.
The largest altcoin by market cap Ethereum like most of the top 20 cryptocurrencies is reporting moderate losses on the day. Ether is down 0.62% and is currently trading at $173. Ether achieved its highest price value yesterday trading at $178. The largest altcoin retains its status as number one with a market cap value of over $18 billion.
The second-largest altcoin by market cap Ripples XRP is one of the few cryptocurrencies reporting gains in the last 24 hours. XRP is up 2.11% on the day and is trading at 0.29 at press time.