RATE Group | Bitcoin Price Breaches $7,400 Mark as Most Top-20 Coins See Gains
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Bitcoin Price Breaches $7,400 Mark as Most Top-20 Coins See Gains

22 Dec Bitcoin Price Breaches $7,400 Mark as Most Top-20 Coins See Gains

Posted at 21:02h in Bitcoin News by

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Sunday, Dec. 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin (BTC) is breached the $7,400 mark again. Tezos (XTZ) is the only cryptocurrency among the top-20 that is seeing losses.

Market visualization courtesy of Coin360

Market visualization courtesy of Coin360

Bitcoin price is currently up by 3.36% on the day, trading at around $7,422 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 4.1%.

Bitcoin 7-day price chart. Source: Coin360

Bitcoin 7-day price chart. Source: Coin360

As Cointelegraph reported earlier today, multiple analysts suggest that Bitcoin is headed for a big dip before the next bull market.

Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $14.4 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $8.5 billion at press time.

Coin360.com data shows that ETH has seen its value increase by about 3.48% over the last 24 hours. At press time, ETH is trading around $132. On the week, the…

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