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Bitcoin hovering below $ 12,000 in recent wave, Major Altcoins See Green



Tuesday, July 30 – The # 1 cryptocurrency, Bitcoin (BTC), appears to have stabilized at $ 12,000 after quickly recovering $ 11,000 in a weekend meeting. Ether (ETH) and XRP are seeing small gains at press time.

Market Visualization. Source: Coin360

Bitcoin trades around $ 11,700 at press time, with a gain of 3.3% on the day. Bitcoin quickly shot up to over $ 11

,500 in about four hours on Sunday, August 4, and then reached $ 11,800 on August 5, but has subsequently settled slightly lower at press time.

7-day price overview. Source: Coin360

Number two cryptocurrency, Ether, has had mild gains on the day, currently trading at over $ 229.29 with a gain of 1.38% on the day. During the week, the coin increases by over 10%.

As previously reported by Cointelegraph, the San Francisco Open Exchange institutional cryptocurrency exchange recently suggested that Ether may be close to losing its altcoin status, as its price is more correlated with Bitcoin than any other symbol.

Ether 7 day price table. Source: Coin360

XRP, the third largest crypto, has mostly traded sideways. At press time, the XRP is trading just over $ 0.320, increasing by 0.77%.

Last week, XRP's issuing company Ripple sent an open letter to the US Congress urging lawmakers to differentiate between cryptocurrencies and their affiliated entities when developing regulatory policies.

XRP 7 day price chart. Source: Coin360

Monero (XMR) sees most gains on the day among top-20 altcoins, trading at $ 94.40, up nearly 5% on the day.

Following listings on eToro and Coinbase Pro, Tezos & # 39; (XTZ) rose over 40% a week. The coin has since cooled and traded sideways, down 0.06% on the day and traded at $ 1.45.

Tezos 7-day chart. Source: Coin360

The total market value of the top 100 cryptocurrencies is over $ 303 billion at press time, according to data provided by Coin360's summary table.

Keep track of the best real-time crypto markets here


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