Crypto Markets Slightly Down, EOS Sees Some of Biggest Losses

Wednesday, Jul 11: crypto markets are experiencing a slight decrease with the sum market cap down just $2 billion from the same time yesterday.

Market cognisance from Coin360

Bitcoin (BTC) is vacillating between $6,300 and $6,400 cost points today. At press time, the cryptocurrency is trade at around $6,330, down 0.8 percent over the 24 hour period.

Bitcoin cost chart. Source: Cointelegraph Bitcoin Price Index

Ethereum (ETH) is down 0.75 percent on the day, trade at $434 at press time.

Ethereum cost chart. Source: Cointelegraph Ethereum Price Index

Total marketplace capitalization of all cryptocurrencies is likewise somewhat down from yesterday levels, now at  around $252 billion, according to Coinmarketcap.

Total marketplace capitalization chart. Source: Coinmarketcap

EOS had seen the biggest waste out of the tip 10 coins by marketplace cap, losing 5.6% in 24 hours to press time and trade at just underneath $7.

Litecoin (LTC) is one of the only two coins to have gained value today, the other one being Tether (USDT). As of press time, Litecoin is up just a little over 0 percent and is trade at around $77. On Tuesday, Jul 10, the LTC Foundation obtained a 9.9 percent interest in Germany’s WEG Bank AG around a vital partnership understanding with TokenPay.

While the crypto markets are pang waste for the second day in a row, co-founder and boss of crypto startup TenX Julian Hosp expressed confidence about Bitcoin today, claiming that he is still “quite confident” BTC would strike $60,000 in 2018.

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