Top 20 Coins Report Mild Gains and Losses, BTC Moves Away From $8,000

Published at: Oct. 1, 2019

Tuesday, Oct. 1 — After signs of recovery in recent days, Bitcoin (BTC) has maintained its price above the $8,000 mark. However, the top 20 coins chart on Coin360 is showing mixed signals, with modest gains and losses.

Cryptocurrency market daily overview. Source: Coin360

Bitcoin is up 2.23% over the last 24 hours, and is trading at about $8,364 at publishing time. BTC has seen low volatility during the day, having dropped to as low as $8,191, while the intraday high reached $8,529.

In terms of a weekly view, Bitcoin is down by almost 15%, with $9,542 as its highest price point on Sept. 24, while the coin’s monthly chart shows a 12.82% drop and $7,797 as BTC’s monthly low.

Bitcoin seven-day price chart. Source: Coin360

Ether (ETH) — the second-largest coin with a market cap of $19.2 billion — is seeing slight gains of 0.71% and trading at around $178.40 at press time. The altcoin’s weekly chart is in the red, down by 13%, while in terms of its monthly performance, ETH has gained 5.28%.

Ethereum hit the headlines after decentralized Ethereum-compatible network SKALE Network completed a $17.1 million funding round for mainnet launch, with Ethereum network’s Istanbul hard fork expected to break 680 smart contracts on decentralized management platform Aragon.

Ether seven-day price chart. Source: Coin360

XRP is seeing losses of 2.43% on the day and is trading at about $0.253 at publishing time. The third-largest cryptocurrency’s intraweek low was around $0.229 on Sept. 24, with the highest price point of $0.262 recorded that same day.

XRP seven-day price chart. Source: Coin360

Stellar (XLM), which intends to remove its inflation feature in an upcoming upgrade, is struggling to stay among gainers. It is up by a modest 0.17% and trading at about $0.059 at publishing time.

Stellar seven-day price chart. Source: Coin360

Chainlink (LINK) and Tezos (XTZ) are reporting more substantial gains — up by 3.73% and 4.75% respectively over the past 24 hours. The major losers on the top 20 coins list are Tron (TRX) and Bitcoin SV (BSV) , which have lost 1.94% and 3.58% respectively.

The total market capitalization of all cryptocurrencies is around $222.3 billion as of publishing time.

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