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Cryptocurrency Market Watches Lower Cost of Most Coins, Bitcoin Held at Limits Of 6400 Dollars — Coinzdaily


As the data presented at CoinMarketCap show, on October 22 the cost of cryptocurrency decreased slightly. 15 of the top 20 digital currencies are seeing cost declines. Bitcoin fell to $ 6400.

Source: Coin360

In accordance with the daily figures, the value of Bitcoin ranged from a maximum of 6,730 to 6,372 dollars per coin. During the day, the coin lost 0.45% of the value, which means that the value of Bitcoin was $ 6483. Speaking of weekly figures, the cost of Bitcoin has generally declined by 0.43% over the past week.

Bitcoin weekly price chart. Source: Bitcoin Price Index

Source: Bitcoin Price Index

Ethereum (ETH) observes a rapid decline in value, losing about 6% of the cost during the day. The cost of the coin was about $ 201 per coin. According to the weekly schedule, at the end of last week, the value of the coin dropped to $ 202. The highest weekly figure was $ 212 October 16. The weekly ETH loss was 1.5%, while the monthly loss was more than 16%.

Ethereum weekly price chart. Source: Ethereum Price Index​​​​​​​

Source: Ethereum Price Index

Litecoin (LTC) grew by 1% during the day. The cost of the coin was 53 dollars per coin. It should be noted that the weekly chart of the coin shows a slight decrease in value, on October 16, the LTC price was $ 55.

Litecoin weekly price chart. Source: Litecoin Price Index

Source: Litecoin Price Index

The cost of Tether (USDT) slightly increased (0.33%) during the day, reaching a mark of $ 0.986. It is worth noting that over the past week this is the highest rate of USDT. Last week’s lowest coin rate was $ 0.96.

Tether 7 days price chart. Source: CoinMarketCap​​​​​​​

Source: CoinMarketCap

The remaining coins from the list of the 10 largest cryptocurrencies show a decrease in value. Ripple (XRP) losses were 1.07%, reaching $ 0.453. EOS lost 0.86%, trading at 5.38 dollars. Unlike most other coins, Stellar (XLM) rose 0.27%, reaching $ 0.42.

Bitcoin Cash (BCH) and Cardano (ADA) lost 0.39% and 0.07%, respectively, while Monero (XMR) rose 0.06%.

The total capitalization of the cryptocurrency market reached $ 209 billion.

Total market capitalization 7-day chart. Source: CoinMarketCap

Source: CoinMarketCap

It is worth noting that during the last week most cryptocurrencies showed stability. A small impulse could be observed on October 21.

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