Crypto markets are relatively stable today, July 4, as data from Coin360[1] shows, with Bitcoin[2] (BTC) holding above the $6,500 price point. Most of the top coins by market cap are seeing minor gains and losses on the day to pres time.
Market visualization from Coin360[3]
Bitcoin is trading around $6,752[4] to press time, up almost 3 percent over the 24-hour period. After a significant uptick starting June 30, the leading cryptocurrency continues to hold comfortably above the $6,300 resistance level[5], which Fundstrat’s Robert Sluymer earlier this week highlighted[6] as crucial for reversing spring’s downtrend.
Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index[7]
Top altcoin Ethereum[8] (ETH) is trading around $477[9] to press time, up around 2 percent over the past 24 hours. The coin’s weekly high saw it trading at $483, and its gains on the week are now at 8 percent to press time.
Ethereum price chart. Source: Cointelegraph Ethereum Price Index[10]
On Coinmarketcap[11]’s listings, the top ten coins by market cap are seeing mostly green with Cardano[12] (ADA) the only outlier, down around 1 percent over the 24 hours and trading at $0.158[13] to press time.
Total market capitalization of all cryptocurrencies is at around $277[14] billion at press time, stable as of yesterday, and significantly higher than an intra-weekly low of $232.6 billion June 29.
Total market capitalization of all cryptocurrencies from Coinmarketcap[15]
As the markets consolidate their late June rebound[16], the risk of security incidents will need demonstrably robust responses to maintain public confidence.
