Bitcoin close to $10,000 – altcoins make big gains
Jul 18, 2019
Bitcoin has had a tough start to the week. The price of the world’s biggest cryptocurrency has slipped below $10,000 and even reached its lowest point since June.
Now, however, the trend seems to turn upwards. The price of bitcoin is currently $9,900, an increase of over three percent since yesterday, numbers from Coinmarketcap shows.
Altcoins are increasing
However, it is nothing compared to some of bitcoin’s competitors. The so-called altcoins have made big increases since yesterday.
Ethereum, the world’s second-biggest cryptocurrency, has increased by over eight percent and is trading at $214. Ripples xrp has also gone upwards strongly and is increasing by about nine percent compared to Wednesday, Cointelegraph reports.