Coinmama has added a bunch of new cryptocurrencies to our lineup of digital assets with each one of them offering different characteristics and benefits. A few weeks ago we launched Litecoin (LTC), Bitcoin Cash (BCH), and Cardano (ADA) support and now we’re adding two more cryptocurrencies — Ethereum Classic and Qtum. In this summary, we’re going to give our users some perspective on the digital asset Qtum, its underlying network, and why investors believe this token is special.
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.