RATE Group | Cryptocurrencies Extend Weekly Losses as Bitcoin Struggles with $10,000 By Investing.com
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Cryptocurrencies Extend Weekly Losses as Bitcoin Struggles with $10,000 By Investing.com

Cryptocurrencies Extend Weekly Losses as Bitcoin Struggles with $10,000 By Investing.com

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Investing.com – Cryptocurrencies traded mostly lower with most of the largest digital coins all adding to weekly losses as bitcoin, once again, dropped below $10,000.

Total cryptocurrency market capitalization fell to $272.46 billion by 10:42 AM ET (14:42 GMT), compared to $275.60 billion a day earlier and $286.48 billion a week ago.

fell 2.3% to $9,800.8 by 10:50 AM ET (14:50 GMT) on the Investing.com Index, after having spent most of the week wavering back and forth across the $10,000 psychological level. Bitcoin is down 5.9% in the last seven days and has closed below $10,000 for four consecutive sessions.

Bitcoin’s three closest rivals also saw weekly losses. dropped 2.6% to $214.3, down 1.2% on the week. was little changed at $0.31535, off 0.2% in the last seven days, while traded down 1.4% to $92.642, extending weekly losses to 4.1%.

, the fifth-largest alt coin, was a notable exception among the largest cryptocurrencies,…

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