RATE Group | Most Top-20 Coins See Slight Red as Bitcoin Price Slips Below $8.1K
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Most Top-20 Coins See Slight Red as Bitcoin Price Slips Below $8.1K

05 Oct Most Top-20 Coins See Slight Red as Bitcoin Price Slips Below $8.1K

Posted at 21:24h in Bitcoin News by

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Saturday, Oct. 5 — crypto markets are trading sideways today, with most of the top 20 coins by market cap seeing losses and Bitcoin (BTC) dipping below $8,100.

Only three coins out of the top 20 cryptos are up over the past 24 hours at press time, with Iota (MIOTA) seeing the largest gains of over 2.3%. In contrast, Algorand (ALGO), the 17th crypto by market cap, is down the most, sliding nearly 2.7%.

Market visualization

Market visualization. Source: Coin360

Despite volatility, Bitcoin is almost flat over the past week

After hovering around $8,100 for the past two days, Bitcoin dropped below the threshold today to touch an intraday low of $8,043. At press time, Bitcoin is trading at $8,095, down around 1% over the past 24 hours.

The biggest cryptocurrency by market cap has seen some significant volatility this week, with its intraweek high and low standing at $8,485 and $7,763. Still, Bitcoin is almost flat over the past 7 days, down just around 0.3% over the period from $8,127 price recorded 7 days…

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