Bitcoin (Bitcoin) posted a minor decline toward $5,800 on Friday, and almost every top-tier cryptocurrency followed its example. Bitcoin Cash (Bitcoin.Cash), however, surged to its highest mark in nearly two weeks, CryptocoinsNews reported.
Altogether, the total cryptocurrency market cap posted a 24-hour decline of about $2 billion. After entering the day at $171.7 billion, the crypto market cap ebbed and flowed throughout the day, but it eventually settled down below the $170 billion mark to a present value of $169.7 billion.
After rising as high as $5,988 early this morning, the Bitcoin price fell to a present value of $5,819, which represents a daily decline of 1.5%. Bitcoin now has a market cap of $96.9 billion.
The Ethereum (ETH/USD) price continued to hover near the $300 mark, ultimately posting a 24-hour decline of about one-half of one percent. Ethereum is currently trading at a global average of $298, which gives the second-largest cryptocurrency a market cap of $28.4 billion.
The majority of top 10 cryptocurrencies posted minor daily declines that were remarkably consistent. Ripple, Litecoin (LTC/USD), Bitconnect, and NEO all dropped about 1%, while dash, NEM, and Monero (XMR/USD) each pulled back 2%.
Bitcoin Cash price climbed 7% in the past 24 hours alone to increase to $367 - the highest mark the digital currency has held in nearly two weeks, and it increased the BCH market cap to $6.1 billion.