Two weeks ago during our last news roundup Bitcoin (BTC) and Ethereum (ETH) markets have started to see some recovery after the last four months of price downturns. This week cryptocurrency markets are steadily trying to hold its upwards momentum as BTC and ETH markets struggle today losing 4-6 percent in value over the past 24-hours. Currently, BTC prices are hovering around $9,500 and ETH values are averaging $790 per coin at the time of writing. Other cryptocurrencies such as Bitcoin Cash (BCH), Litecoin (LTC), and Cardano (ADA) are also steadily holding their market foundations.
Cryptocurrency markets are seeing some price recovery after last week’s dip as most digital assets are up between 8-15 percent over the last seven days. Today on July 7 the price per BTC is testing $6,740 again, after attempting to overtake the $6,800 region a few days prior. Most of the other top contenders have seen increased prices as well including Ethereum (ETH $495), Bitcoin Cash (BCH $771), Ripple (XRP $0.49), Cardano (ADA $0.14), Qtum ($9.23), Ethereum Classic (ETC $18.96), and Litecoin (LTC $85.67).
A lot has changed since our last news roundup as cryptocurrency markets have dipped a bit in value since. At the time of writing Bitcoin (BTC) has an average price of around $6150 per coin and the total valuation of all 1600+ coins is around $248 billion today.
This week cryptocurrency markets have been bouncing around in value as things have been a bit volatile. At the moment the cryptocurrency economy as a whole is valued at $262B and there’s about $10-14B worth traded daily on exchanges. Right now the average spot price for bitcoin (BTC) is around $7,080 USD per coin and many other digital assets are following closely with bitcoin’s market movements.
During our last news roundup, we mentioned that Bitcoin’s (BTC) price was hovering around the $6,600 range and since then the digital currency and many other assets have seen some nice gains. At the moment BTC’s value is around $7,050 at the time of publication gaining around 10 percent over the last seven days. Meanwhile Ripple (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), Ethereum (ETH) Qtum (QTUM), Litecoin (LTC), and Cardano (ADA) have seen bigger gains between 12-18 percent during the last week. Many traders and enthusiasts are hoping a trend reversal from bearish-to-bullish takes place this fall.
The first ever Crypto Sunday event in history is occurring on the 25th of November, 2018. Get your coins ready for what promises to become one of the biggest annual events on the crypto calendar! Loads of special discounts will be available from the world’s top crypto-friendly businesses.
Coinmama is growing in the United States. We’re excited to welcome several new US states to our 1.3 million-strong global community.
Here at Coinmama, we have added three new cryptocurrencies to purchase in addition to our Bitcoin (BTC), and Ethereum (ETH) packages. This week we’ve decided to give a history of each coin we have added and in our last post we discussed Litecoin (LTC). During this summary we will talk about the Cardano (ADA) platform and why the cryptocurrency has been a top digital asset over the past year.