Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains
Adrian Zmudzinski's original article for cointelegraph.com reduced by 70%
Sunday, Dec. 8 - most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as Bitcoin hovers around the $7,550 mark again. Bitcoin price is currently down by 0.2% on the day, trading at around $7,552 at press time, according to Coin360.
Looking at its weekly chart, the coin is up by about 2.91%. Bitcoin 7-day price chart. At press time, ETH is trading around $150.
On the week, the coin has also gained about 1.35% of value. Overall, the price of the coin seems completely unaffected by the upgrade to its software introduced by the recent hard fork. Among the top 20 cryptocurrencies, the only one reporting double digit gains is Algorand, which has seen its value increase by about 10.46% over the 24 hours to press time.
At press time, the total market capitalization of all cryptocurrencies is $204.8 billion, about 2.4% higher than the value it reported a week ago.
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