Since the start of the weekend, most of the top 20 cryptocurrencies are reporting losses today until press time. Bitcoin on the other hand still hovers above the $5,000 price range according to the data we have in the latest bitcoin news below.
The price of the number one cryptocurrency was trading at around $5,004 at the start of the day according to CoinMarketCap. By looking at the weekly charts, it seems that the current price is an 18 percent increase from the previous ,095 which was the price Bitcoin (BTC) was at the start of the week.
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In the meantime, we can see that Ethereum (ETH) is still holding strong on its position as the largest altcoin by the market cap which is approximately $17.2 billion. Ripple (XRP), the second-largest altcoin has a market cap of approximately $14.7 billion.
ETH is still down by 0.38% over the past 24 hours. Currently, ETH is trading at around $163 which is at the same price range from the start of the day. On the weekly charts, we can notice that ETH has seen a slight increase in value by over 12 percent.
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Again, second-largest Ripple managed to shed of about three percent over the day until press time. Currently, XRP is trading at around $0.354. Comparing to the weekly charts, the current price of Ripple is also 12 percent higher than the price from a week ago.
The co-founder of Ripple Chris Larsen and his wife Lyna Lam made a generous donation of exactly $25 million in XRP in a California University according to yesterday’s announcement.
Among the top 20 cryptocurrencies, there are only a few with notable gains. Other than Bitcoin, Binance Coin (BNB) and Monero (XMR) both report gains by under a percent. Tezos joins the party by increasing about 1.88 percent.
The total market cap of all of the cryptocurrencies reached $174.6 billion which is an 18 percent increase from the previous $143.4 billion a week ago.
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