As of Saturday, September 7, Bitcoin (BTC) had a sideways trading day after it stopped short of the $11,000 mark. This is after Ether, trading under ETH, made a bit of a rebound from its dip that happened earlier during the past week.
Throughout the day on Saturday, Bitcoin traded around $10,400. It looked like it was going to cross the $11,000 mark, but it did not manage to. It has not passed $11,000 since August 13. What actually happened was that it fell to a price of $10,313. As of early Sunday morning on September 8, its value was at $10,521, which was an increase of about 1 percent on the day.
Ether's recovery has been better. It dropped in price by about 5 percent on Saturday, September 7. As of early Sunday morning, it had risen 5.7 percent to $178.93 over a period of 24 hours.
Also this week, Ethereum developers had a conference call. They said that the activation of their test net in Istanbul got pushed back to October. The firm's co-founder said that it is almost full. This could decrease new users.
Also this week, the Ripple token called XRP saw a small gain. It dipped on September 7, but it rose on September 8, up 3.87 percent over 24 hours. Its trading value is $0.260. Ripple fell out of the 10 leading companies to work for in the US, based on LinkedIn's analysis. It dropped from 7th to 28th. Coinbase dropped from 3rd to 29th.
It is also worth noting that many of the top alt coins had big gains as of early September 8. EOS was up almost 12 percent in 24 hours. TRX is up by 8.53 percent, and LTC went up by 5.51 percent. Bitcoin also demonstrated a strong market dominance this week. It was more than 70 percent of the market. Ether is 6.99 percent, and XRP is 4.11 percent of the market. The total market capitalization of all of the digital coins is more than $268 billion, which is above $263 million at 12:01 am on September 8.