BlockMedia.com Report – 2nd Week of July - Red Monday.
This is the 2nd week of July of 2017 and it's not getting any better for the cryptocurrencies. Let's compare the first 2 weeks of the chart, the captured screen was taken last July 4 and July 10.
Bitcoin (BTC) down from $2579.68 to $2422.45, Ethereum (ETH) down from $275.29 to $222.39, Ripple (XRP) down from $0.256198 to $0.214168, Litecoin (LTC) down from $51.24 to $47.45, Ethereum Classic (ETC) down from $18.07 to $15.99. The first five of crytocurrencies maintain their position in the Top 5.
This week Top 6th to 10th hold by the following cryptocurrencies. The Dash (DASH) move to 6th spot, previously at 7th and also gain from $183.84 to $186.95. The NEM (XEM) on 7th previously at 6th bump down by Dash, down from $0.178023 to $0.139202. The 8th and 9th still hold the same currency, IOTA (MIOTA) down from $0.408521 to $0.257146 and Monero (XMR) down from $44.26 to $41.14, respectively. The 10th spot new holder is EOS (EOS) previously at 12th spot bump down BitShares (BTS). Though EOS is also down from $3.13 to $2.07 while BitShares also down from $0.241101 to $0.153355.
Chart from July 4th, considering this is a national holiday here in the USA.
Chart from July 10th.
Chart of Bitcoin (BTC) for the last 7 days, and current price $2,397. A little bumpy ride. No real action on early Monday crypto trading. We will report back for the remaining of the week.
And Ethereum (ETH) at $213.98
Image chart from bitfinex.com
Are we heading to a bear crypto market, beginning of crypto correction or just another slow Monday? What do you think?
As always, do your own due diligence before investing your hard earned money.
Stay Tune! for daily BlockMedia.com updates. Please note this article is updated as soon as we have something useful to share. So keep checking to stay ahead.
Image chart from coinmarketcap.com
Source: I first published this article at https://que.com/blockmedia-com-report-2nd-week-of-july/ (I am the author)
Thank you.
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Ahahaha... that cheetah is really like a CHITAE of the philippines... ahahaha... a big help! Upvoted in my small contribution @yehey
It's a robot, just scraping the internet even I mentioned in my article that I am the author. :)
Thank you for the vote up.
Your most welcome... i am active steemer as long i have daye and steem vote hehehe
Its definitely an over due correction in the alt market. I don't believe its all cause buy bitcoin jitters either. Its highly likely segwit activates for bitcoin like it did for LTC and the price continues on up. ppl are over reacting.
The segwit or segwit2 still not in progress, that will be in the end of this month and it will be the worst time to invest in bitcoin.
I'm assuming bitcoin investors will move their coins to ethereum, due to possible split if they don't agree with the implementation. Segwit or segwit2 or not.
Segwit is a good thing and therefore it's a great time to invest. Btc could go to 5k
Upvote!
Thank you very much.