Cryptocurrency daily report for July 11th 2018: Market has become a real bloodbath

in #cryptocurrency6 years ago

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According to Coinmarket.cap, total market cap of cryptocurrency industry on July 11th strongly reduced in value and was worth $250 billion, declining almost 30% compared to its best performance of the beginning of this year ($822 billion). 15 billion dollars has disappeared from the market in the last 24 hours.

In the top 100 cryptocurrencies, only 5 of them have slightly risen in price; these are those 5 lucky currencies: DigiByte has ticked up to 0.7%, Centrality has risen 4.46%, Power Ledger has increased 6.99%, Syscoin and KuCoin Share has escalated 11.53% and 9.79% respectively. There is not a single green in the Top 30.

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Ripple price (XRP/USD) decreased 3.58% in the last 24 hours, dropped to the lowest price zone in the first half of July. This is the low-level which was shaped on June 24th and broken on the last trading day of June.

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Ripple (XRP) H4 chart

Stellar, one of the Top 10 cryptocurrencies, has declined the most in value, its price has dropped 6.93%, plummeting to $0.188038.

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Stellar price chart, Source: Coinmarketcap.com

Written by @daigv from nami.today

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