DayOfCrypto
  • Home
No Result
View All Result
DayOfCrypto
No Result
View All Result
DayOfCrypto
Home Other
market-continues-to-trade-sideways-as-bitcoin-price-dips-below-$10,300

Market Continues to Trade Sideways as Bitcoin Price Dips Below $10,300

by Admin
September 10, 2019
in Other
287 5
0
Share on FacebookShare on Twitter

The price of Bitcoin dips slightly below $10,300 as the market continues to trade sideways.

Tuesday, Sept. 10 — Cryptocurrency markets continue to largely trade sideways with Huobi (HT) token being the only top-20 coin that is showing above-average gains.

Market visualization. Source: Coin360

Bitcoin (BTC) saw an intraday high of around $10,390, while slowly trading downwards up to its current trading price of $10,204 according to data from Coin360. The world’s No.1 crypto is showing a small loss of 0.5% on the day.

In a Twitter debate with Primitive Fund co-founder Dovey Wan on Sept. 9, Blockstream CEO Adam Back had said altcoins’ previous supremacy was a temporary feature of the cryptocurrency space and that Bitcoin is reverting to its historical 90% market dominance at altcoins’ expense.

Bitcoin’s 24-hour price chart. Source: Coin360

Many have voiced similar sentiments on Bitcoin’s market dominance. In recent weeks, veteran trader Peter Brandt and RT host Max Keiser have shared their criticism of altcoins over and over again, expressing their believe alt markets have boomed and burst.

The number one altcoin, Ether (ETH), is showing similar trading trends today and is showing little to no price movement. The coin is currently trading at $180.6, down 0.6% on the day.

Ether 24-hour price chart. Source: Coin360

Ripple’s XRP token continues to trade completely flatly, showing a loss of a negligible 0.05% on the day. At press time, the world’s third-most popular coin is trading at $0.259 — the same price as 24 hours ago.

XRP 7-day price chart. Source: Coin360

While most top-20 coins are trading sideways within a 1% range, Huobi token stands out with above-average gains of more than 4%, followed closely by Litecoin (LTC), up 3.2%.

Other coins in the top-20 which fared slightly worse are Bitcoin SV (BSV) dropping almost 3% and Dash dropping just over 2%, while EOS (EOS) is taking the largest beating, at 4% down.

The total market capitalization of the cryptocurrency market sits at $263.3 billion at press time, with Bitcoin’s dominance dropping slightly to 69.7% of the total.

Keep track of top crypto markets in real time here
Tags: BitcoinCryptocurrenciesEthereumMarket UpdateTradingsXRP

Admin

About Us

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Popular Tag

Adoption Banks Binance Binance Coin Bitcoin Bitcoin Cash Bitcoin Price Bitcoin Regulation Bitcoin SV Blockchain Central Bank China Coinbase Crimes Cryptocurrencies Cryptocurrency Exchange EOS Ethereum Ethereum Price Facebook Germany Government Investments Japan Law Libra Litecoin Markets Market Update Mining Payments Regulation Ripple SEC Security South Korea Stablecoin Stellar Switzerland Tokens Tradings Transactions USA Wallet XRP

Recent News

Poloniex Review – Buy and sell cryptocurrencies, Bitcoin, Registration, Safety, Reference

Poloniex Review – Buy and sell cryptocurrencies, Bitcoin, Registration, Safety, Reference

November 8, 2020
Bitstamp Review – Buy and sell Bitcoin and cryptocurrencies, Registration, Safety, Reference

Bitstamp Review – Buy and sell Bitcoin and cryptocurrencies, Registration, Safety, Reference

November 8, 2020
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version
Skip to toolbar
  • About WordPress
    • WordPress.org
    • Documentation
    • Support
    • Feedback
  • Log In
  • AMP
    • View AMP version