Markets Looking Grim, Bitcoin Lingers Above $8,000 Mark

Sunday, Sept. 27 - All of the top-20 cryptocurrencies by market cap continue to struggle following the sudden nosedive on Tuesday, Sept. 24.Cryptocurrency market daily overview.

Bitcoin has not been able to recover from Tuesday's painful correction, which saw double-digit losses across the board.

The most popular crypto coin continues to trade sideways, down by 1.75% over the last 24 hours to trade at around $8,050 at press time, while having seen an intraday high of $8,255.

BTC found some support above the lower-$8,000 region during the better part of the day, but seems to be in danger of revisiting the $7,000s once again.

Ether is not faring any better, down over 2.4% on the day, hovering around $170 at press time.

The altcoin has been on a steady downward price trend throughout the week, dropping to as low as $155 on Sept. 26.Ether 7-day price chart.

Ripple's XRP dropped 0.26% in the last 24 hours and is trading at around $0.241 as of press time.

XRP registered a weekly loss of around 12%, while its monthly losses are sitting close to 7%.XRP's 7-day price chart.

Bitcoin Cash and Dash are the biggest losers in the top-20, down 3.78% and 4.4%, respectively.

The overall cryptocurrency market cap sits at $213.7 billion, with Bitcoin making up 67.8% of the total.