Bitcoin Holds Recent Gains Amid a Checkered Market Outlook

Bitcoin is trading around $8,200 to press time, down about half a percent on the day.

Bitcoin's weekly and monthly gains are at a bullish 10 and 34 percent respectively, according to data from Cointelegraph's price index.

BTC dominance by market capitalization continues to inch upwards, now at 47.2 percent according to CoinMarketCap, after posting its 2018 record-high earlier this week.

Ethereum is trading around $471 at press time, seeing around a 1 percent loss on the day.

The top altcoin has seen considerable price movement between its morning peak at $484 and subsequent dip to as low as $464. Ethereum has now lost 4.84 percent on the week, but remains almost 1 percent up on the month.

Bitcoin Cash is down about 2.5 percent and is trading at $838 to press time, after an intra-day tumble to around $833, according to CoinMarketCap.

Litecoin is trading around $86.89, down roughly 1 percent on the day, with Cardano seeing an almost 3 percent loss and trading around $0.17 to press time.

Of the top 20 coins on CoinMarketCap, crypto exchange Binance's native token Binance Coin - ranked 18th - has skyrocketed almost 10 percent on the day, trading around $13.13 to press time.

Tezos has been hit with steep losses of almost 5 percent, trading at around $2.13 to press time, following news that "Big Four" auditor PricewaterhouseCoopers will conduct an external audit of its finances and operations.

Total market capitalization of all cryptocurrencies is around $297 billion at press time, after surging to around $304 billion during early trading hours.