Bitcoin, Altcoin Prices Slip Downward While XRP Stays Stable

Sunday, Oct. 6 - Cryptocurrency markets are slipping downward today, with Bitcoin trading under $8,000 and altcoins seeing notable losses on the day.

After slipping below the $8,000 price point, Bitcoin has continued to slide down and is now trading at $7,824.

The largest altcoin by market capitalization, Ether, is seeing similar losses, down 3.13% on the day to trade at $169.83.

Yesterday, digital-collectibles marketplace OpenSea said that a hacker who stole 17 Ethereum domain names during the Ethereum Name Service's auction decided to return them all.

The payment network Ripple's XRP token is remaining relatively stable.

The payments-focused cryptocurrency is up by a small 0.81% on the day to trade at $0.254.XRP 7-day price chart.

Last week, major cryptocurrency payment processor BitPay entered a partnership with Ripple's investment arm Xpring to support payments with XRP. Other top-20 altcoins are taking a beating.

Algorand is down over 6%, while Unus Sed Leo and Tezos are both down over 5%. One coin among the top-20 is bucking the trend and seeing major gains.

Chainlink is up over 8.6% on the day to trade at $2.14.

The total market capitalization of all cryptocurrencies is currently at $210.7 billion, just below where it started at the beginning of the seven-day period.