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Bitcoin price rises above $ 10,000 as US stock market rises

The price of Bitcoin (BTC) rose again above the $ 10,000 mark again, while most of the top 20 currencies are experiencing losses on August 1.

Visualize the market from Coin 360

Bitcoin is currently up 1.06% on the day, trading at around $ 1,034 at the time of writing, according to Quinn 360. Looking at the weekly chart, the currency is up around 2.68%.

7-day Bitcoin price chart. Source: Coin 360

Ethereum (ETH) maintains its position as the largest alternative currency by market value, which currently stands at around $ 22.7 billion. The second largest alternative currency, Ripple, has a market capitalization of $ 13.1 billion at the time of writing.

Coin 360 data shows that Ethereum has seen its value drop by almost half a percent over the past 24 hours. At the time of writing, Ethereum is trading around $ 214. During the week, the currency also lost about 0.92% of its value.

Ethereum price chart over seven days. Source: Coin 360

Ripple has fallen almost 1.9% over the past 24 hours and is currently trading at around $ 0.312. During the week, the currency fell by 0.95%.

7-day Ripple price chart. Source: Coin 360

Among the top 20 cryptocurrencies, the only companies that recorded gains other than Bitcoin are Tesos (XTZ), which rose about 7.88%, and Baines Coin (BNB), which rose about 3.73%, to Lightcoin (LTC), which Bitcoin Cash (BCH) increased by about 2.83%, up 0.13%.

At the time of writing, the total market value of all cryptocurrencies is $ 274.1 billion, about 1.26% lower than the value recorded a week ago.

Bitcoin is currently priced at $ 10,500 at the time of publication.

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