Bitcoin Falls Under $10,400 as Major Altcoins See Double-Digit Losses

July 14, 2019
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Most of the top 20 cryptocurrencies are reporting losses on the day as Bitcoin falls under the $10,400 mark.

Sunday, July 14 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $10,400 mark.

Market visualization courtesy of Coin360

Bitcoin is currently down by over 9% on the day, trading at around $10,392 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 7.23%.

Bitcoin 7-day price chart. Source: Coin360

Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $24.8 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $12.8 billion at press time.

Coin360 data shows that ETH has seen its value decrease by about 13.8% over the last 24 hours. At press time, ETH is trading around $233. On the week, the coin has also lost about 21% of its value. 

Ether 7-day price chart. Source: Coin360

As Cointelegraph reported yesterday, the Ethereum smart contract of 0x decentralized exchange protocol has been suspended after a vulnerability was uncovered in its code.

XRP is down by nearly 9% over the last 24 hours and is currently trading at around $0.304. On the week, the coin is down about 21%.

XRP 7-day price chart. Source: Coin360

Other major coins are also reporting two-digit losses. Bitcoin SV (BSV) is down 15.69% down, while NEO is down over 16%. At press time, the total market capitalization of all cryptocurrencies is $305 billion.

As Cointelegraph reported yesterday, a draft bill entitled “Keep Big Tech out of Finance” has surfaced online, allegedly from within the United States House of Representatives Financial Services Committee.

Keep track of top crypto markets in real time here

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