Crypto Markets Experience Slight Dip But Still Hold Weekly Gains

Thursday, July 19: crypto markets have seen a slight slump over the past 24 hours, but are still holding weekly gains of up to 64 percent among some of the top ten cryptocurrencies by market cap, according to Coinmarketcap.

Bitcoin keeps hovering around yesterday's levels, having seen an intraday low of $7,249.

The leading cryptocurrency is slightly down by around.

23 percent over a 24 hour period, trading at around $7,418 at press time and still up almost 20 percent over the past week.

In contrast, the second top cryptocurrency Ethereum is down around 5.5 percent today, trading at around $467, and still holds gains of around 9 percent this week.

Total market cap is down $9 billion from yesterday's high, currently at around $289 billion.

Stellar is holding as much as 60 percent gains over the past week, trading at around $0.29 at press time, while down almost 2 percent today over the past 24 hours.

Cardano also continues to hold a stable position around the top cryptos.

Despite the fact that the coin has lost almost 5 percent over the past 24 hours to press time, it is up around 43 percent over the past week.

Earlier today, the "First-ever crypto investment report" by digital asset management fund Grayscale Investments revealed that the majority of capital inflow this year has been made by institutional investors, as much as 56 percent in the first half of 2018.