RATE Group | Bitcoin Nears $11,000 Mark While Altcoins See Mixed Results
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Bitcoin Nears $11,000 Mark While Altcoins See Mixed Results

Bitcoin Nears $11,000 Mark While Altcoins See Mixed Results

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Sunday, Aug. 4 — Bitcoin (BTC) has continued to gain momentum today, with its price nearing the $11,000 mark. The top 20 cryptos by market capitalization are seeing mixed results on the day, with most gains and losses around or under 2%.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin has seen a major bullish move this week, up 15% from around $9,500 to almost $11,000 at press time. Over the past 24 hours, Bitcoin has continued to grow steadily, having its price increase by 1.66% to $10,944 at press time.

Bitcoin 7-day price chart. Source: Coin360

Bitcoin 7-day price chart. Source: Coin360

Ether (ETH), the second cryptocurrency by market cap, is down around 0.6% to trade at $219.95. Still, over the past week, Ether is up almost 6%, according to CoinMarketCap.

Ether 7-day price chart. Source: Coin360

Ether 7-day price chart. Source: Coin360

XRP, the third top cryptocurrency by market capitalization, is seeing gains at press time, up 1.76% to $0.322 over the past 24 hours, growing 4% over the past seven days.

Ripple 7-day price chart. Source: Coin360

Ripple 7-day price chart. Source: Coin360

Tezos (XTZ), the 15th top…

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