Crypto Markets Turn Red, While Bitcoin Price Takes a Hit Below $8,200

에 게시 됨 by Cointele | 에 게시 됨

Tuesday, Oct. 15 - Bitcoin has continued to trade sideways for most part of the day, while taking a sudden dip in recent hours.

The world's most popular cryptocurrency traded flat for the better part of the last 24 hours, with an intraday high of around $8,400.

In the last couple of hours, BTC took a sudden dip to under the $8,200 price mark, showing a loss of more than 2% on the day.

Bitcoin's average daily trading volume hovers around $15 million, while its market share decreased to 66.4%, which is the lowest level since the beginning of August.

Cointelegraph contributor filbfilb expects Bitcoin to take a further dip and test the $8,000 price mark once again.

Ether isn't doing much better and is back to trading around the $180 price mark.

The number one altcoin hit an intraday high of $187, but has since been declining to its current trading price, down 3.07% at press time.

The top-20 cryptocurrencies by market cap are mostly showing red candlesticks, with EOS being hit with a loss of more than 6%. Tron, Cardano and Chainlink are all showing losses of around 5% on the day.

The exception is Bitcoin SV, which is showing gains of almost 4% on the day.

One BSV trades at nearly $90.The overall cryptocurrency market cap sits at $222.5 billion, with Bitcoin making up 66.3% of the total.

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