Bitcoin has been trading in a narrow corridor from $11,701 to $10,751 as its highest point during the day.
The leading crypto has lost 6.25% over the past 24 hours, and is currently trading at $10,969.
In terms of its weekly performance, bitcoin has seen a price drop by 2.73%. Bitcoin has become less correlated with other cryptos in Q2 2019 due to a potential "Flight-to-quality" in the recent bull run, according to a Binance report on crypto correlations released today.
Average correlation between bitcoin and all other major crypto assets declined to 0.61 from 0.73 in Q1 2019.Bitcoin 7-day price chart.
Ethereum has registered smaller losses on the day, with a 1.89% drop, and is trading at around $287.31 at press time.
Coin360 data indicates that Ripple is down by 3.15% on the day to trade at around $0.381 at press time.
On the top-20 crypto list, only LINK is reporting gains, with over 6% up on the day.
The coin is trading at around $3.62 at press time.
Total market capitalization of all digital currencies is over $320 billion at press time, up from its intraweek low of around $290.5 billion on July 2.
The daily trading volume of all coins is currently around $74.8 billion.
Top Crypto Markets Report Losses, Bitcoin Hovers Around $11,000
gepubliceerd op Jul 5, 2019
by Cointele | gepubliceerd op Coinage
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