Bitcoin, Altcoin Costs Slip Downward Whereas XRP Stays Secure

Sunday, Oct. 6 — Cryptocurrency markets are slipping downward as we speak, with Bitcoin (BTC) buying and selling below $8,000 and altcoins seeing notable losses on the day.

Market visualization courtesy of Coin360

After slipping beneath the $8,000 worth level, Bitcoin has continued to slip down and is now buying and selling at $7,824.37, down 3.22% on the day.

Bitcoin 7-day worth chart. Supply: Coin360

The biggest altcoin by market capitalization, Ether (ETH), is seeing related losses, down 3.13% on the day to commerce at $169.83. 

Yesterday, digital-collectibles market OpenSea said {that a} hacker who stole 17 Ethereum domains in the course of the Ethereum Identify Service’s public sale determined to return all of them.

Ether 7-day worth chart. Supply: Coin360

In the meantime, the fee community Ripple’s XRP token is remaining comparatively secure. The payments-focused cryptocurrency is up by a small 0.81% on the day to commerce at $0.254.

XRP 7-day worth chart. Supply: Coin360

Final week, main cryptocurrency fee processor BitPay entered a partnership with Ripple’s funding arm Xpring to help funds with XRP.

Different top-20 altcoins are taking a beating. Algorand (ALGO) is down over 6%, whereas Unus Sed Leo (LEO) and Tezos (XTZ) are each down over 5%. One coin among the many top-20 is bucking the development and seeing main positive aspects. Chainlink (LINK) is up over 8.6% on the day to commerce at $2.14. 

The overall market capitalization of all cryptocurrencies is at present at $210.7 billion, just under the place it began at first of the seven-day interval. 

Complete cryptocurrency market capitalization. Supply: Coin360