RATE Group | Bitcoin Price Fights to Hold $10K Support While Altcoins See Drops
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Bitcoin Price Fights to Hold $10K Support While Altcoins See Drops

24 Aug Bitcoin Price Fights to Hold $10K Support While Altcoins See Drops

Posted at 22:49h in Cryptocurrency News by

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Saturday, Aug. 24 — crypto markets continued to see red today as Bitcoin (BTC) has dipped below $10,000 price mark several times over the past 12 hours.

Only two out of the top-20 coins by market cap are seeing gains over the past 24 hours at press time, including Cardano (ADA) and NEO (NEO), which are up 1.3% and 2.6%, respectively.

Coin 360

Market visualization | Source: Coin360

BTC fights to hold $10K support

Bitcoin is trading at $10,066 at press time, down 3.3% over the past 24 hours. The biggest cryptocurrency has dropped below $10,000 threshold three times over the past 12 hours and dropped below yesterday’s low of $10,078, according to data from CoinMarketCap. Meanwhile, losses over the past 7 days constitute 1.3% at press time.

BTC

Bitcoin 24-hour price chart | Source: Coin360

Ether (ETH), the second-largest cryptocurrency by market cap, is down 2.3% to trade at nearly $190 at press time. The top altcoin is up by roughly 2.9% over the past 7 days.

ETH

Ether 7-day price chart | Source: Coin360

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