Crypto Market Continues to Show Green Candlesticks, BTC Recovers to $8,200
Cointelegraph By Joeri Cant's original article for cointelegraph.com reduced by 56%
Monday, Oct. 7 - Bitcoin continues its rebound together with most of the other cryptocurrencies, with notable gainers Chainlink and Tron breaking 10% gains on the day. The world's most popular crypto coin closed the week with a selloff, pushing its price well below the $8,000 mark and recording a close down 2.5% for the week.
Bitcoin started the trading day at around the $8,000 price level and has been slowly crawling upward to its current price point of $8,234, showing a gain of 5.35% in the last 24 hours. Ether, in the meanwhile, has been showing an impressive gain of more than 6.6% on the day. Ripple's XRP continues to show impressive gains of more than 9% over the past 24 hours and is trading at about $0.277 at press time.
Chainlink, the 15th coin by its market cap, is up by 13.5% on the day and takes the title of the biggest gains among the top cryptos at press time. Unus Sed Leo is the only top-20 altcoin in the red at press time, down 1.25%.The overall cryptocurrency market cap increased from $214 billion to almost $221 billion, with Bitcoin making up 66.6% of the total.
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