Written by Molly Jane Zuckermanformer writerReviewed by Igor Belkinformer editorBitcoin Breaks $6,500 as Cryptocurrency Market Upswing Continues
Latest NewsPublishedJul 2, 2018
The cryptocurrency markets are up across the board, as BTC, ETH, and altcoins see green.
The cryptocurrency markets appear to be on an upswing today, July 2, after recovering slightly after last week saw Bitcoin (BTC) dip below $6,000, twice.
Market visualization from Coin360
Bitcoin is above $6,500, trading for around $6,599 by press time and up around 4 percent over a 24 hour period.
Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index
Ethereum (ETH) is trading at around $470, up almost 6 percent over a 24 hour period by press time.
Ethereum price chart. Source: Cointelegraph Ethereum Price Index
Of the top ten coins on Coinmarketcap, IOTA is up the most, 9 percent over a 24 hour period and trading at $1.13 by press time.
EOS is currently trading at $8.69, up about 8.5 percent over a 24 hour period to press time. The EOS platform, which launched at the beginning of June after completing its year-long, $4 billion Initial Coin Offering (ICO), has been having governance problems due to the system’s lack of centralized enforcement over their Block Producers (BP).
Total market cap is at around $269 billion, up from last week’s low of $232 billion.
Total market capitalization chart. Source: Coinmarketcap
Subscribe to daily byte-sized crypto news from Cointelegraph
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
More on the subject
