Crypto Currencies Move Lower

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Photo by Alexandru-Bogdan Ghita on Unsplash

Crypto Currencies Declines

Of the 1,633 digital currencies monitored, the past 24 hours saw total market losses of $102,575,358, as 77% of currencies fell. The biggest impacts on the markets came from Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dash (DASH), and Litecoin (LTC).

Bitcoin

Bitcoin (BTC) swung between a high of $6,378.50 and a low of $6,128.30 ending twenty four hours of trading at $6,203. This equates to a loss of $99,401,500.00 in market cap. A month ago, bitcoin traded at $6,707. It has seen a -6.47% weekly decline, and in just the last hour bitcoin has risen 0.09%. Currently there are 17,145,662 bitcoins in circulation, representing 82% of the final twenty-one million bitcoins that can be mined. 582,749 of these bitcoins were traded in the past 24 hours.

In July Bitcoin started the month at $6,397 and swung between $6,292 and $6,791, closing at $6,423 on July 11.

Top 20 Crypto-Currency Coins

Examining the top 20 crypto currencies (by market capitalization), the top performer over the last 24 hours were Tether (USDT) 0.03%, while the worst three performing were Tezos (XTZ) -6.39%, NEM (XEM) -5.11% and TRON (TRX) -4.72%.

Entire Market Winners and Losers

If we look across the 1,633 crypto currencies (that we track), the biggest short term winners were:

  • Kurrent (KURT), gained 166%, and sports a market cap of 44 Bitcoins.
  • Motocoin (MOTO), gained 147%, and sports a market cap of 169 Bitcoins.
  • Monkey Project (MONK), gained 115%, and sports a market cap of 556 Bitcoins.
  • Hackspace Capital (HAC), gained 107%, and a market cap of 950 Bitcoins.
  • Accelerator Network (ACC), gained 88%, with a market cap of 49 Bitcoins.

On the downside, the biggest losers were

  • BunnyCoin (BUN), lost 75%, and has a market cap of 217 Bitcoins.
  • NuShares (NSR), lost 63%, and has a market cap of 84 Bitcoins.
  • Huncoin (HNC), lost 60%.
  • LIFE (LIFE), lost 50%, and has a market cap of 922 Bitcoins.
  • On.Live (ONL), lost 48%,with a market cap of 154 Bitcoins.

Cryptocurrencies are traded day and night, so instead of covering a market session, we cover the last 24 hours of trading. Remember, prices on Cryptocurrencies can vary quite a bit across exchanges, so always check your local exchange for current rates.

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