Saturday 22 September: Cryptographic Markets saw a mix of red and green, with Ethereum (ETH) exceeding Ripple (XRP) to return to being classified according to cryptocurrency by market capitalization, according to CoinMarketCap.  Market Display by Coin360
After an increase of up to $ 6,809 earlier today, the bitcoin (BTC) has slightly declined in the last 24 hours, after trading below $ 6,700 in the last few hours. The main cryptocurrency is down 0.5% and trades at $ 6,667 at the time of printing, recording about 3% gains during the week.
Chart of weekly Bitcoin prices. Source: Cointelegraph Price Index
Ethereum (ETH) regained its position as a second cryptocurrency by capitalization, having exceeded Ripple by about $ 2 billion, with a market capitalization of $ 24.4 billion at the time of printing. The altcoin rose 4% in a 24-hour period and at the time of printing it traded at $ 238. Ethereum is still down around 15% in the last 30 days, while it sees similar earnings of around 15 % in the week.
Chart of weekly prices of Ethereum. Source: Cointelegraph Ethereum Price Index
In contrast, Ripple saw a sharp decline during the day, down nearly 8 percent in the last 24 hours. The cryptocurrency is trading at $ 0.55 at the time of printing, which is a growth of around 102 percent in the last 7 days, following yesterday's significant gains.
Graph of weekly prices for undulations. Source: Cointelegraph Ripple Price Index
The total market capitalization stood slightly above the $ 222 billion point during the day, with an intraday of $ 227 billion and a minimum of $ 219 billion. In the last 48 hours, cryptographic markets have earned at least $ 20 billion.
Weekly chart of total market capitalization. Source: CoinMarketCap
Bitcoin's dominance in the market is seeing a significant decline this week, from 55% a week ago to 51.9% at the time of printing.
Weekly percentage of total market capitalization (dominant position). Source: CoinMarketCap
Most of the top 20 coins by capitalization saw small fluctuations in the range of 5% down and 4% more in the last 24 hours, with Stellar (XLM), Cardano (ADA) ), Tezos (XTZ) seeing losses today, according to CoinMarketCap.
Stellar is down about 6.5 percent and trades at about $ 0.24 at the time of printing, while Cardano and Tezos are down 3.2 and 3.1 percent over a 24-hour period , trading at $ 0.08 and $ 1.64, respectively.
The seventh cryptocurrency summit by market capitalization, Litecoin (LTC), has increased by almost 4%, trading at around $ 60 at the time of printing.
The Crypto markets have seen a remarkable recovery in the last 48 hours, with Bitcoin having tested $ 6,700 in support after falling to a low of $ 6.229 at the start of this week. The rebound of the cryptocurrency took place in the recent announcement of the largest Brazilian broker Grupo XP of the launch of a Bitcoin and Ethereum exchange in the near future.
Also on September 21, the billionaire investor Mike Novogratz predicted that Bitcoin will see a 30 percentage of rallies by the end of 2018. Asserting that the $ 8,800 to $ 10,000 threshold would be the decisive moment for institutional investors To enter the space, Novogratz stated that it is impossible for BTC not to reach $ 8,800 to $ 10,000 in price by the end of the year.