Bitcoin Falls Under $10,800 as US Stock Market Sees Minor Downturn

pubblicato su by Cointele | pubblicato su

Tuesday, July 2 - most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin hovers over the $10,600 mark again.

Bitcoin is currently up by about half of a percent on the day, trading around $10,649 at press time, according to Coin360.

The second-largest altcoin, Ripple's XRP, has a market cap of $16.8 billion at press time.

At press time, ETH is trading around $288. On the week, the coin has also lost nearly 8% of its value.

As Cointelegraph reported earlier today, the operator of the United States-based division of Binance crypto exchange has appointed former Ripple exec as its new CEO. Among the top 20 cryptocurrencies, the only ones reporting gains are NEO, which is nearly 7% up, and chainlink, which is about 3.7% up at press time.

At press time, the total market capitalization of all cryptocurrencies is $308.5 billion, over 8.8% lower than the value it reported a week ago.

In traditional markets, the US stock market is seeing slight losses so far today, with the S&P 500 down 0.06% and the Nasdaq down 0.18% at press time.

The CBOE Volatility Index, on the other hand, has lost 3.13% on the day at press time.

Major oil futures and indexes are seeing discreet gains today, with WTI Crude down 3.18%, Brent Crude down 2.71% and Mars US up 1.36% at press time.

The OPEC Basket is up 0.17% and the Canadian Crude Index has lost 6.6% over the 24 hours by press time, according to OilPrice.

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