Hey ninjas, how’s the trading going? The largest and most popular cryptocurrency Bitcoin (BTC) is reporting losses on the day.
BTC has struggled to maintain trading above $10,000. In the past weeks, BTC has traded as low as $10,043 and seen its price increase to as high as $10,412 but never going above $10,500.
BTC is currently reporting 0.15% losses in the last 24 hours and is trading at $10,203 at press time, while altcoin giants Ethereum and Ripples XRP have returned to former highs.
Ethereum (ETH), has crossed the $200 margin once again and is trading at $214 at press time. ETH traded as low as $160 after its price dipped in August.
Ether remains the largest altcoin with a market cap value of $23 billion at press time. Ether is reporting a 7.76% increment on the day.
The second-largest altcoin by market cap Ripples XRP is has also regained its former value. Ripples XRP is currently trading at $0.30 at press time.
Much like Ether, XRP price dipped in August and the top altcoin traded as low as $0.25. XRP market cap value is $13 billion and is reporting a 14.20% price increment in the last 24 hours.