RATE Group | Bitcoin Circles $10,400 as Altcoins Rally, XRP Posts 10% Gains
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Bitcoin Circles $10,400 as Altcoins Rally, XRP Posts 10% Gains

Bitcoin Circles $10,400 as Altcoins Rally, XRP Posts 10% Gains

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Sunday, Aug. 18 — Crypto markets are seeing a strong surge of green, with altcoins posting the strongest gains and Bitcoin (BTC) circling the $10,400 mark.

Market visualization

Market visualization. Source: Coin360

After yesterday’s correction, BTC is today up nearly 2%, bringing it to $10,393 by press time. 

While still roughly $1,000 short of its price point at the start of its 7-day chart,  (Aug. 11), today’s recovery has kept the top coin comfortably above the $10,000 psychological price point. During a brief downturn mid-week on Aug. 15, Bitcoin had dropped as low as $9,700. On the week, Bitcoin remains 9% in the red.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: Coin360

Top altcoin Ether (ETH) has posted a strong gain of over 7% and is trading around $197 by press time. Having dropped below the $200 mark on Aug. 14, Ether’s fresh gains are now edging it back above this threshold. Losses on the week remain at a stark 7.86%.

Ether 7-day price chart

Ether 7-day price chart. Source: Coin360

XRP is seeing an even more bullish 10%…

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