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.