Following what many have defined as a record-breaking day for Ripple XRP, the altcoin has recorded some losses on the day even though the prices are still over $0.5.
At the time of writing it has seen around a 5% negative change in market price on the day with the total market cap now worth $22 billion. It is important to remember that this does not rule out the possibility of another breakout since the adoption of the coin has been on the high side recently.
Bitcoin has, on the other hand, remained almost on the same levels after making it past $6500 on the previous trading day. The price for the top coin at press time was $6724 while market cap hovers around $116 billion.‘
ETH Rebounds To Claim Second Spot from Ripple XRP
We move on to altcoin ETH which lost its position as the second largest cryptocurrency for a few hours on September 21 but has since flourished after the slip-up.
The altcoin now has broken the $240 resistance for the first time in over 10 days and look set to soar high in the coming days.
Within the top ten coins, Litecoin LTC, Monero (XMR), EOS and Tether (USDT) have also seen slight gains while Cardano (ADA), Stellar (XLM) and Bitcoin Cash (BCH) are also seeing slight losses.
Total cryptocurrencies market cap at press time was $224 while BTC dominance has dropped to 51.8 after several altcoins flourished.
Chart credits
- CoinMarketCap
- Coin360.io
Add Comment