Crypto markets ar comparatively stable nowadays, July 4, as data from Coin360 shows, with Bitcoin (BTC) holding higher than the $6,500 value purpose. Most of the highest coins by market cap ar seeing minor gains and losses on the day to press time.
Market image
Market image from Coin360
Bitcoin is commerce around $6,752 to press time, up virtually three % over the 24-hour amount. once a major transaction beginning Gregorian calendar month thirty, the leading cryptocurrency continues to carry well higher than the $6,300 resistance level, that Fundstrat’s Henry Martyn Robert Sluymer earlier in the week highlighted as crucial for reversing spring’s downtrend.
Bitcoin value chart
Bitcoin value chart. Source: Cointelegraph Bitcoin indicator
Top altcoin Ethereum (ETH) is commerce around $477 to press time, up around a pair of % over the past twenty four hours. The coin’s weekly high saw it commerce at $483, and its gains on the week ar currently at eight % to press time.
Ethereum value chart
Ethereum value chart. Source: Cointelegraph Ethereum indicator
On Coinmarketcap’s listings, the highest 10 coins by market cap ar seeing largely inexperienced with Cardano (ADA) the sole outlier, down around one % over the twenty four hours and commerce at $0.158 to press time.
Total market capitalisation of all cryptocurrencies is at around $277 billion at press time, stable as of yesterday, ANd considerably more than an intra-weekly low of $232.6 billion June 29.
Total market capitalisation
Total market capitalisation of all cryptocurrencies from Coinmarketcap
As the markets consolidate their late Gregorian calendar month rebound, the chance of security incidents can want provably strong responses to take care of public confidence.
The world’s largest crypto exchange, Binance - that has processed over $1.5 billion in trades over the last twenty four hours - has currently resumed services once irregular patterns for Syscoin (SYS) trades prompted AN emergency temporary suspension yesterday, July 3.
While actual details stay covert, the incident seems to own seen Syscoin commerce for a staggering ninety six BTC (around $640,000) on the exchange. Binance has currently rolled back all the irregular trades, and conjointly declared a series of measures to safeguard its users.
Bullish news for blockchain technology in the meantime has seen a United Kingdom of Great Britain and Northern Ireland executive nowadays invoke the state to “show leadership” by “using blockchain to change social freedom, to extend potency, and to make social group trust.”