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
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.