Bitcoin Holds Over $8,000 as Top Altcoins See Minor Losses

Published on by Cointele | Published on

Saturday, May 25 - most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin still holds over the $8,000 mark, with minor gains on the day.

Bitcoin is a fraction of a percent up on the day, trading at $8,025 at press time, according to CoinMarketCap.

The second-largest altcoin, XRP, has a market cap of $16.2 billion at press time.

CoinMarketCap data shows that ETH is nearly 0.41% down over the last 24 hours.

At press time, ETH is trading around $251. On the week, the coin has also seen its value increase almost 6%.Ether 7-day price chart.

XRP is over half of a percent down over the last 24 hours and is currently trading at around $0.385.

On the week, the coin is up over 3%.XRP 7-day price chart.

Among the top 20 cryptocurrencies, the one reporting the most notable price action is bitcoin SV, which is down over seven percent on the day.

Following the news, BSV's price jumped over 100%. At press time, the total market capitalization of all cryptocurrencies is $250.8 billion, over eight percent higher than the value it reported a week ago.

As Cointelegraph reported yesterday, privacy-focused encrypted instant messaging service Telegram has created a new programming language for its Telegram Open Network.

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