Market visualization courtesy of Coin360
Bitcoin 7-day price chart. Source: Coin360
As Cointelegraph reported yesterday, Ethereum co-founder Vitalik Buterin said that the future of crypto is pluralist in response to a recent proposal of mixing Bitcoin Lightning Network with Ethereum.
Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $23.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $13.1 billion at press time.
Coin360 data shows that ETH has seen its value increase by about 1.76% over the last 24 hours. At press time, ETH is trading around $221. On the week, the coin has also gained about 0.91% of its value.
Ether 7-day price chart. Source: Coin360
XRP is down by a fraction of a percent over the last 24 hours and is currently trading at around $0.312. On the week, the coin is down about 3.4%.
XRP 7-day price chart. Source: Coin360
Among the top 20 cryptocurrencies, the only ones reporting gains other than Bitcoin are Tezos (XTZ), which is up about 7.88%, Binance Coin (BNB), which is up about 3.73%, Litecoin (LTC), which is up about 2.83%, and Bitcoin Cash (BCH), up 0.13%.
At press time, the total market capitalization of all cryptocurrencies is $290.5 billion, about 10.8% lower than the value it reported a week ago.