Bitcoin Price Hits $9,800 as Major Cryptocurrencies Trade Sideways

Published on by Cointele | Published on

Sunday, Sept. 30 - Markets are trading sideways today, with gains and losses among the top five cryptocurrencies not exceeding 4%.Market visualization.

The Bitcoin price has spiked slightly after trading close to $9,600 for most of the day.

At press time the coin is trading at $9,799, up 1.72% on the day.

Industry investor Mike Novogratz recently said that, while Bitcoin is trading below $10,000, the seminal cryptocurrency is merely in a consolidation phase.

The price of top altcoin Ether has remained relatively stable throughout the day, trading near $170. At press time, the coin is down 0.59% on the day and is trading at $171.88.

Ripple's XRP token has been trading stably throughout the week, with today being no exception.

At press time the coin is down 0.76% to trade at $0.257.

Among the top-20 cryptocurrencies by market capitalization, Monero has seen impressive gains, up over 7% to trade at $72.85 at press time.

Litecoin is also seeing some gains, up 3.43% to trade at $67.12 at press time.

The biggest loser among the top 20 is Algorand, which is currently down almost 6% over the past 24 hours to trade at $0.392.

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