RATE Group | Markets Trade Sideways, Bitcoin Touches $6,600 Earlier Today
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Markets Trade Sideways, Bitcoin Touches $6,600 Earlier Today

Markets Trade Sideways, Bitcoin Touches $6,600 Earlier Today

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Tuesday, Oct. 9: Crypto markets keep trading sideways, with almost all top 20 coins by market cap in the red after seeing some growth yesterday.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin (BTC) is slightly down around 0.3 percent today, trading at $6,627 at press time. During the day, the major cryptocurrency dipped two dollars below the $6,600 threshold, and the intraday high amounted to $6,669. While markets continues to fluctuate in a mostly stagnant manner, Bitcoin is holding around 2 percent of weekly gains, as well as 5 percent gains over the past 30 days. Bitcoin’s dominance has been remaining almost flat within the day.

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

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

Ethereum (ETH) has been trading around the same levels within the day, fluctuating between $226 and $231. The second cryptocurrency by market cap is down just over 1 percent over the past 24 hours, and is trading at $227 at press time, up around 3 percent over the past 7 days.

Ethereum 24-hours price chart. Source: Cointelegraph Ethereum Price Index

Ethereum…

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