After the Week of Stable Growth, the Value of Cryptocurrency Decreases Rapidly Again


According to the data of July 10, the value of the cryptocurrency is rapidly declining after a week of stable growth. Most of the coins are in red, showing a precipitous drop in prices. The total market capitalization has almost reached the monthly minimum.

Source: Coin360

The cost of Bitcoin decreased by 6% within 24 hours and reached the point of 6417 dollars per coin. In comparison with the previous week, the value of the coin decreased by almost 3%.

Source: Cointelegraph

Ethereum (ETH) lost 9% during the day, reaching a mark of 440 dollars per coin.

Source: Cointelegraph

The total capitalization of the cryptocurrency market amounted to $ 253 billion, losing $ 27 billion (8%) during the day.

Source: Coinmarketcap

The only digital coin that showed growth in value was Tezos (XTZ). After launching its own beta network on June 30, the coin increased its value by 2.5%, reaching a mark of 2.18 dollars.

The biggest losses were incurred by EOS, which lost 15% of the value in the last 24 hours. At the moment the cost of the coin is 7.28 dollars. Since April 29, when the coin showed a record value, the EOS lost about 70%.

Significant losses were also incurred by NEO, which lost 10.5% of the value during the 24-hour period. The coin value is 34.27 dollars.

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