Saturday, July 6th, according to Coin360 most of the top cryptocurrencies are reporting moderate gains on the day after falling on the 5th. Bitcoin is currently trading at $11,215 and is up 3.05% on the day. The leading crypto is down 1.3% on its weekly chart.
The largest altcoin Ethereum reported 1.89% losses on the 5th of July but is reporting moderate gains on the 6th. Ether coin is up 0.95% on the day and is currently trading at $294.46, on the weekly chart Ethereum is down 2.67%. On the 5th Ethereum researcher Justin Drake stated that the Ethereum might decrease issuance tenfold by 2021.
XRP the second altcoin by market cap also experienced losses yesterday. XRP reportedly fell 3.15% on the 5th but is reporting a 4.39% gain on the day. The altcoin is currently trading at $0.40 at press time but is down 2.46% on its weekly chart.
The total market capitalization of all cryptocurrencies is over $327 billion at press time, up to $7 billion from the price recorded on the 5th ($320 billion).