Bitcoin Nears $11,000 Mark While Altcoins See Mixed Results

Sunday, Aug. 4 - Bitcoin has continued to gain momentum today, with its price nearing the $11,000 mark.

The top 20 cryptos by market capitalization are seeing mixed results on the day, with most gains and losses around or under 2%. Market visualization from Coin360.

Bitcoin has seen a major bullish move this week, up 15% from around $9,500 to almost $11,000 at press time.

Over the past 24 hours, Bitcoin has continued to grow steadily, having its price increase by 1.66% to $10,944 at press time.

XRP, the third top cryptocurrency by market capitalization, is seeing gains at press time, up 1.76% to $0.322 over the past 24 hours, growing 4% over the past seven days.

Tezos, the 15th top cryptocurrency by market cap, has seen the biggest gains among the top 20 coins over the past 24 hours.

Yesterday, American broadcaster and major Bitcoin bull Max Keiser predicted on Twitter that Bitcoin price will cross $15,000 this week, arguing that confidence in centralized money and institutions is at a multi-decade low.

Earlier in July, Keiser made another bullish forecast for Bitcoin, claiming that the upcoming crypto rally will not include altcoins.

Bitcoin's market share has been steadily breaking yearly records over the past week, up from 64% to 66.8% at press time.

Bitcoin's dominance on the market over the past year.