Major cryptocurrencies are in the red as markets are correcting downward.
Sunday, June 30 — most of the top 20 cryptocurrencies are reporting are seeing losses at press time, as markets are sloping downward.
Market visualization courtesy of Coin360
Bitcoin (BTC) is currently down 7.33% on the day, trading around $11,103 at press time, according to Coin360. Looking at its weekly chart, the coin is up 3.72%
Bitcoin 7-day price chart. Source: Coin360
Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands around $31.5 billion. The second-largest altcoin, Ripple’s XRP, has a market cap of $16.9 billion at press time.
Coin360 data shows that ETH has seen its value decrease by about 3.12% over the last 24 hours. At press time, ETH is trading around $296. On the week, the coin is down almost 4.5%
Ether 7-day price chart. Source: Coin360
As Cointelegraph reported yesterday, daily transactions registered on the Ethereum network exceeded one million yesterday, June 28, for the first time since May 2018.
XRP is up by 2.73% over the last 24 hours and is currently trading at $0.403. On the week, the coin is down nearly 15%.
XRP 7-day price chart. Source: Coin360
Among the top 20 cryptocurrencies, only litecoin (LTC) is seeing gains at press time. The fourth largest cryptocurrency is up 1.37% on the day and is currently trading at $130.34.
At press time, the total market capitalization of all cryptocurrencies is $337 billion.
Speaking to Cointelegraph at Blockchain Week Rome, Teck Chia, partner at Binance Labs, said that he sees Facebook’s Libra Project at a step forward for crypto and increasing public awareness.
