RATE Group | Top-20 Coins Trade Sideways, Bitcoin Trades Around $8,200
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Top-20 Coins Trade Sideways, Bitcoin Trades Around $8,200

22 Oct Top-20 Coins Trade Sideways, Bitcoin Trades Around $8,200

Posted at 02:24h in Bitcoin News by

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Monday, Oct. 21 —  After turning green earlier in the day, cryptocurrency markets have been trading sideways, with Bitcoin (BTC) continuing to hover around $8,200, according to the data from Coin360.

Cryptocurrency market daily overview. Source: Coin360

The leading coin, Bitcoin, is down 0.39% over the past 24 hours and is trading at around $8,186 as of press time. In terms of its monthly performance, BTC is still down almost 19%.

Meanwhile, Bitcoin advocates continue to focus on the May 2020 block reward halving this week as the impact on price becomes more apparent. Some community members noted that next year’s event will reduce the amount of new Bitcoin in circulation up to $63 million per week at current prices.

Bitcoin 24-hour price chart. Source: Coin360

Ether (ETH) is also trading sideways, down 0.06%. The leading altcoin is currently trading at around $174.53 in comparison to yesterday’s high of $176.18, while its market cap is over $18.8 billion at press time. 

Ether…

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