Bitcoin’s price is currently down by 1. 83% on the afternoon, trading at around $7, 959 , according to Coin360 . Looking at its weekly chart, the coin is down by about – 49%.
Sunday, Oct. 6 – The top 20 cryptocurrencies are seeing mixed movements on the day while Bitcoin’s ( BTC ) price dips below the $8, 000 mark by press time.
Bitcoin 7-day price chart. Source: Coin360
Ether ( ETH ) is holding onto its position as the largest altcoin by its market capitalization which currently stands at $18. 84 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $10. 9 billion at press time.
Coin360 data shows that ETH has seen its value decrease by about 0. 31% over the last 24 hours. At press time, ETH is trading at around $174. On the week, the coin has also gained about 2. 96%.
Ether 7-day price chart. Source: Coin360
XRP is up by about 0. 22% during the last 24 hours and is currently trading at around $0. 253. On the week, the coin is up about 7. 2%.
XRP 7-day price chart. Source: Coin360
Among the top 20 cryptocurrencies, the ones reporting the most notable price action are Chainlink ( LINK ), which is up 5. 64%, Unus Sed Leo ( LEO ), which is down 6. 82%, and Algorand ( ALGO ), which is down 5. 66%.
At press time, the total market capitalization of all cryptocurrencies is $216 billion, about 0. 14% higher than a week ago.
As Cointelegraph reported on Oct. 6, the United States Securities and Exchange Commission has all over again officially stated that Bitcoin is not a security.