Sunday, Might 26 — many of the high 20 cryptocurrencies are reporting reasonable losses on the day by press time, as bitcoin (BTC) falls beneath the $8,000 mark once more.

Market visualization

Market visualization courtesy of Coin360

Bitcoin is down lower than one p.c on the day, buying and selling at $7,990 at press time, in line with CoinMarketCap. Taking a look at its weekly chart, the coin has seen nearly no web change, up a couple of fraction of a p.c.

Bitcoin 7-day price chart

Bitcoin 7-day worth chart. Supply: CoinMarketCap

Ether (ETH) is holding onto its place as the biggest altcoin by market cap, which presently stands at $26.5 billion. The second-largest altcoin, XRP, has a market cap of $16.2 billion at press time.

CoinMarketCap knowledge exhibits that ETH is down slightly over half a p.c during the last 24 hours. At press time, ETH is buying and selling round $250. On the week, the coin has additionally seen its worth lower by about two p.c.

Ether 7-day price chart

Ether 7-day worth chart. Supply: CoinMarketCap

Ripple’s XRP is slightly below one p.c down during the last 24 hours and is presently buying and selling at round $0.384. On the week, the coin is down a extra notable 5%.

XRP 7-day price chart

XRP 7-day worth chart. Supply: CoinMarketCap

Among the many high 20 cryptocurrencies, the one reporting most notable worth motion is bitcoin SV (BSV), which is over 17% up at press time.

Earlier this week information broke that BSV proponent Craig Wright has filed United States copyright registrations for the bitcoin white paper authored by Satoshi Nakamoto.

At press time, the full market capitalization of all cryptocurrencies is $249.1 billion, about the identical worth it reported every week in the past.

Total market capitalization 7-day chart

Complete market capitalization 7-day chart. Supply: CoinMarketCap

As Cointelegraph reported earlier right this moment, following its laborious fork on Might 15, bitcoin money (BCH) seems to have skilled a two-block chain reorganization leading to a 3,392 BCH (about $1.35 million at press time) double spend.

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