RATE Group | Bitcoin fights to hold $8K as Cryptocurrencies Retrace
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Bitcoin fights to hold $8K as Cryptocurrencies Retrace

06 Oct Bitcoin fights to hold $8K as Cryptocurrencies Retrace

Posted at 06:44h in Cryptocurrency News by

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In the last 24 hours, cryptocurrencies were on a moderate descending path, Bitcoin, Ethereum, and Bitcoin SV are dropping about 2%, while Ripple is mostly unchanged and Litecoin advances +1.35%. The market capitalization of the crypto sector descended to $217.2 (-2.22%) on a slightly ascending volume of $22.67 billion (+4.46%).

Market

Fig 1 – Market Capitalization

Coin360

Fig 2 – Heat Map of the Cryptocurrency Sector

The current dominance of the top three main coins is headed by Bitcoin, which descended slightly to 66.67%, followed by Ethereum((8.51%), and Ripple (4.79%).

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