RATE Group | Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700
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Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700

20 Aug Major Coins Report Mild Losses, Bitcoin Price Hovers Around $10,700

Posted at 22:37h in Bitcoin News by

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Tuesday, Aug. 20 — following a brief period of recovery, almost all of the top-20 coins by market capitalization have entered the red again, with Bitcoin (BTC) hovering around $10,700.

Market visualization. Source: Coin360

Market visualization. Source: Coin360

The leading digital currency BTC is struggling to stay in positive territory, being up by a modest 0.26% on the day to trade at around $10,735 as of press time. BTC started the day near $10,697, subsequently dipping to a daily low of $10,564, while the coin’s high today was $10,965.

BTC hash rate broke yet another record high, according to Aug. 19 data from monitoring resource Blockchain.com. The top coin’s hash rate has continued to break records throughout the summer, hitting a whopping 82.5 TH/s yesterday.

Bitcoin 7-day price chart. Source: Coin360

Bitcoin 7-day price chart. Source: Coin360

The largest altcoin Ether (ETH) is suffering a slight drop, having lost 0.86% in the last 24 hours. At press time ETH is trading at $196.93. The coin is reporting both weekly and monthly losses of 7.47% and 14%…

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