Bitcoin (BTC) has observed a sharp, notable rise, bolting to the $12,000 territory during the course of the early hours of July 4 (UTC), nevertheless the bulls took their feet off the pedal in subsequent hours. The top cryptocurrency had charted a 4.60% 24-hour gain, trading approximately $11,735, during the time of writing.
Much like BTC, Ethereum (ETH) at the same time saw a sharp surge and went beyond the $300 hurdle in recent trading hours. The subsequent correction has seen Ether’s price drop to $296 as of now, which is a 0.70% gain in USD terms.
The total market cap is $332 billion|Bitcoin’s market cap is $208 billion|The BTC dominance index is topping records at 62.9%.
Major Crypto Headlines
Is Tether (USDT) Behind the 2019 Bitcoin Price Rally (Again)?
Tether has been without a doubt a controversial topic in the crypto community ever since the allegations of price manipulation in connection with the 2017 Bitcoin surge, and now queries are starting to spring up regarding whether the prominent stablecoin company is back at playing with BTC..
Facebook’s David Marcus: Libra Crypto Users Won’t Have to Trust Us.
As contentions continue to mount involving the social media giant’s upcoming blockchain project, Facebook VP David Marcus has claimed that Libra is being built on a decentralized system, and for this reason does not require trust..
More Bullish News for Bitcoin: Retail Investors Are on the Rise.
A fresh report has found that the amount of Bitcoin retail investors was on the rise all through last year even with the long crypto winter of 2018.
Most Significant Winners and Losers
The value of OVC, an ERC-20 token provided on the Ethereum blockchain, has been experiencing remarkable upward activity over the last twenty four hours. With a 214% ROI on the day, OVC’s price is at this time trading above the $0.21 mark. The total market cap of OVC is $9,267,599.
RET to begin with saw bullish momentum a few hours ago subsequently after trading between $0.001 and $0.002 all week. The altcoin’s price has climbed by more than 168% in the last few hours, helping to make the token one of the top 120 cryptocurrencies by market cap. RET is currently trading at $0.004 with a market cap of $48,617,160.
Nectar, a token issued by crypto exchange Ethfinex, is the most notable loser in today’s crypto markets as of now. NEC has lost nearly 50% of its value during the last twenty four hours and is now trading at $0.060 with a market cap of $4,970,065.
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