RATE Group | Crypto Markets See Few Gains as Most of Top Coins Are Slumping
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Crypto Markets See Few Gains as Most of Top Coins Are Slumping

26 Aug Crypto Markets See Few Gains as Most of Top Coins Are Slumping

Posted at 23:45h in Bitcoin News by

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Sunday, August 26: after a short recovery yesterday, crypto markets have again declined somewhat, with only three out of the top 10 cryptocurrencies by market cap seeing green today.

Market visualization

Market visualization from Coin360

Bitcoin (BTC) is one of the fortunate ones, up less than one percent on the day, trading at $6,740 as of press time. The cryptocurrency also has managed to hold on to its weekly gains, which comprise 2 percent. Having peaked at $6,778 yesterday, Bitcoin dropped to as low as $6,587 earlier today.

Bitcoin 24-hour price chart

Bitcoin 24-hour price chart. Source: Cointelegraph Bitcoin Price Index

After surging to around $282 yesterday, Ethereum (ETH) is now 2 percent down to trade at $272 as of press time.

Ethereum price chart

Ethereum price chart. Source: Cointelegraph Ethereum Price Index

The total market capitalization of all coins has increased somewhat over the past 24 hours. After hitting an intraday low of $212 billion, it is currently at $218 billion, up from yesterday’s high of $216 billion.

Total market capitalization chart

Total market…

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