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Writer's pictureCrypto News Point

Bitcoin Below $8,600 While Tezos Gains 11%

Tezos is the only cryptocurrency that has shown considerable gains of more than 11% while being in the top-20.

Bitcoin (BTC) slid below the $8,600 price mark. It started with an intraday trade high of $8,800 before slowing downwards at its current trading price, while facing a loss of 1.75% on the day.

Bitcoin’s price pierced $8,674 three times over the past 4 days while increasing the chance that BTC might revisit lower lows around $8,480.

Majority Of The Top 20 Altcoins In Red

Meanwhile, Ether has been trading sideways, where it is currently sitting now at a position of around $185. It did dip in sync with BTC while showing a slight loss of around 1.74% at publishing time.

XRP facing a minor loss down by 2.62% at publishing time while sitting at around $0.270 per coin.

Tron (TRX) showing the biggest loss of more than 3% on the day among the top 20 coins.

Tezos (XTZ) showed a massive gain of more than 11% in the last 24 hours, followed by Chainlink (Link), recording gains of around 2.5% on the day.

The overall cryptocurrency market cap currently sits around $238 billion, with Bitcoin making up to 65.8% of the total.

Image: Shutterstock

 
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