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Bitcoin Slips Under $8K Once More While Top Altcoins Experience Mild Losses

The weekend saw the majority of top cryptocurrencies claiming moderate losses, as bitcoin (BTC) slips below the $8,000 mark once more

1% down

According to CoinMarketCap, bitcoin was down by at least one percent. The crypto was trading in at $7,990 as of press time, with the coin virtually seeing no net change as it went up a fraction of its percentage.

Meanwhile, the ether (ETH) held on to its place as the biggest altcoin via market cap. It’s standing at $26.5 billion at the moment while XRP is at its heels with a cap of $16.2 billion.

Ethereum also went down

Data released by CoinMarketCap revealed that the ETH also went down by over half a percent in the last day. It was trading at about $250 by press time. The crypto also saw its value slip by around two percent during the week.

Ripple’s XRP didn’t fare so well either. It went down one percent over the previous day, with trade presently held at about $0.384. The coin also went down a striking five percent.

BSV up by 17%

The only one that reported a remarkable price action among the top 20 cryptos was the bitcoin SV (BSV). It was up by 17% by press time.

All in all, the market capitalization of the whole cryptocurrency niche came in at $249.1 billion as of press time. It was basically the same value that was reported the previous week.

Meanwhile, earlier reports claimed that after the hard fork several weeks ago, bitcoin cash (BCH) seems to have undergone a two-block chain re-organization that ended in a double spend amounting to 3,392 BCH (around $1.35 million).

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