Bitcoin Price Hovers Under $8,800 as Top Altcoins See Minor Gains

Most of the top 20 cryptocurrencies are reporting minor gains as Bitcoin hovers under the $8,800 mark.

Saturday, Nov. 9 — most of the top 20 cryptocurrencies are reporting minor gains on the day at press time, as Bitcoin (BTC) hovers under the $8,800 mark again.

Market visualization courtesy of Coin360

Bitcoin price is currently up by 0.27% on the day, trading at around $8,795 at press time, according to Coin360. Looking at its weekly chart, the coin is down by almost 5.5%.

Bitcoin 7-day price chart. Source: Coin360

As Cointelegraph recently reported, yesterday Bitcoin fell below $9,000 and lost over $200 in an hour.

Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $19.9 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $11.9 billion at press time.

Coin360 data shows that ETH has seen its value increase by about 0.52% over the last 24 hours. At press time, ETH is trading around $182. On the week, the coin has also lost about 1.08% of its value. 

Ether 7-day price chart. Source: Coin360

XRP is up by about 0.96% over the last 24 hours and is currently trading at around $0.277. On the week, the coin is down by about 5.46%.

XRP 7-day price chart. Source: Coin360

Among the top 20 cryptocurrencies, the only one reporting losses is Unus Sed Leo (LEO), which is down 0.32% on the day.

At press time, the total market capitalization of all cryptocurrencies is $240.1 billion, about 3.72% lower than the value it reported a week ago.