Market Continues to Trade Sideways as Bitcoin Price Dips Below $10,300
Cointelegraph By Joeri Cant's original article for cointelegraph.com reduced by 47%
Tuesday, Sept. 10 - Cryptocurrency markets continue to largely trade sideways with Huobi token being the only top-20 coin that is showing above-average gains. Bitcoin saw an intraday high of around $10,390, while slowly trading downwards up to its current trading price of $10,204 according to data from Coin360.
The number one altcoin, Ether, is showing similar trading trends today and is showing little to no price movement. Ripple's XRP token continues to trade completely flatly, showing a loss of a negligible 0.05% on the day. At press time, the world's third-most popular coin is trading at $0.259 - the same price as 24 hours ago.
While most top-20 coins are trading sideways within a 1% range, Huobi token stands out with above-average gains of more than 4%, followed closely by Litecoin, up 3.2%. Other coins in the top-20 which fared slightly worse are Bitcoin SV dropping almost 3% and Dash dropping just over 2%, while EOS is taking the largest beating, at 4% down. The total market capitalization of the cryptocurrency market sits at $263.3 billion at press time, with Bitcoin's dominance dropping slightly to 69.7% of the total.
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