Bitcoin Approaches $11,500 as Top Cryptos See Gains

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Saturday, July 6 - most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as Bitcoin hovers just under the $11,500 mark.

Bitcoin is currently up by about three percent on the day, trading around $11,486 at press time, according to Coin360.

Looking at its weekly chart, the coin is down by over 7.68%.Bitcoin 7-day price chart.

According to a recent report released by major cryptocurrency exchange Binance, bitcoin has become less correlated with other cryptos in Q2 2019 due to a potential "Flight-to-quality" in the recent bull run.

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

Coin360 data shows that ETH has seen its value increase by over.67% over the last 24 hours.

At press time, ETH is trading around $292. On the week, the coin has also lost about 5.82% of its value.

On the week, the coin is down about 5.75%.XRP 7-day price chart.

Among the top 20 cryptocurrencies, the only coins reporting losses are Chainlink, which is nearly 4% down, LEO, nearly 2.3% down, and ATOM, over 1% down.

At press time, the total market capitalization of all cryptocurrencies is $327 billion, over 4.92% lower than the value it reported a week ago.

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