Yesterday was another terrible time on the markets as almost all tokens took a dive. However, this morning is refreshing as many cryptos are making profits.
The general understanding in the community is that July is going to be a tough month with the impending Bitcoin scaling coming on August 1. Many Currencies took a great deal of battering yesterday.
But this morning there is only three casualties on top 10. The recovery is remarkable but analysts keep saying we are not through yet until the final decision is settled on the appointed date for scaling.
Markets Update
Bitcoin is yet to recover from the scare and is still in decline. It posted a negative 1.16 percent and its purchasing price was $2330.97. It’s far better than yesterday’s over 8 percent loss.
With a 2.89 upward growth, Ethereum is giving its holders some hope. Today it could be bought for $200.99. It has lost about 15 percent of its market share in the past days.
Ripple is back to the winning ways and sold at $0.185308. It chalked an expansion rate of 3.94 percent.
Interestingly, Silver of Cryptocurrencies, Litecoin, managed the least win of the day with 0.54 percent and a selling price of $45.53. As a matter of fact, its performance was better than well top 10 tokens during the panic.
At number, Ethereum Classic carried the day with 12.06 percent but its market price has gone way down. Selling at $15.87, it was one of the most hit entities from the crisis.
Just a couple of days, Dash’s market price was over $200 but the depression has reduced it to $168.70. However, it went up 3.25 percent.
NEM is still at 7th floor and couldn’t gather itself after the stop. It took a downturn of 1.69 percent and closed at $0.200023.
IOTA is among the giants that could not stand the storm. More than half of its market share is gone to the wind. Today it recorded a price of $0.200023 and slipped 6.19.
Monero is last but one on top 10 rising 1.8 and selling at $37.60. Its market price was in the $50 two weeks back.
It is refreshing to see Bitconnect as the new entrant to the top echelons. It rose 0.08 and the exchanges listed it at 55.82.
Honourable Mention
Coinpedia’s honourable mention for the day is Golem. The Computer Data Blockchain made prose of 6.90 with a market price of $0.267657.
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