RATE Group | Crypto Markets Turn Green Following Tough Week, BTC Price Above $8,000
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Crypto Markets Turn Green Following Tough Week, BTC Price Above $8,000

29 Sep Crypto Markets Turn Green Following Tough Week, BTC Price Above $8,000

Posted at 05:43h in Cryptocurrency News by

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Saturday, Sept. 28 — All of the top-20 cryptocurrencies by market cap have entered the green zone, recovering from recent losses, with Bitcoin (BTC) hovering above the $8,000 mark, according to Coin360.

Cryptocurrency market daily overview. Source: Coin360

Cryptocurrency market daily overview. Source: Coin360

Over the past day, Bitcoin has been trading in a narrow corridor between $7,889 and $8,244, which mark the coin’s lowest and highest price points over the past 24 hours. At press time, BTC is trading at around $8,093, up around 1.6% on the day.

On its weekly charts, BTC is down by 20.4%, while its monthly losses amount to 18.16%.

Yesterday, Bitcoin’s Lightning Network developer Rusty Russel published a full disclosure of the network’s vulnerability discovered in August, accompanied by a solution. Russel pointed out that the vulnerability appeared while opening funding channels.

Bitcoin seven-day price chart. Source: Coin360

Bitcoin seven-day price chart. Source: Coin360

The second-largest crypto by market cap Ether (ETH) is currently trading at around $171,4, having…

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