Crypto Markets See Sharp Drop, Gold Is on the Rise

Wednesday, July 10 — Cryptocurrency markets have registered a sharp drop after Bitcoin hit the $13,000 price mark in the beginning of the day, according to data from Coin360.

Bitcoin (BTC) is currently trading at around $12,092, having lost over 3.6% on the day, although in early trading today the BTC/USD pair reclaimed almost $1,000 in 24 hours. In terms of its weekly performance, Bicoin is up by 4.28%.

The second-largest cryptocurrency by market capitalization Ether (ETH) has come down by 6.34% over the past day and is trading at around $289 at press time. The leading altcoin has lost over 2.5% on its weekly chart. 

Ripple (XRP) has dropped by 8.45% on the day to trade at $0.361 at the press time. Today marked the altcoin’s intraweek low at $0.353, while XRP’s highest price point was $0.406 on July 6. Read More at CoinTelegraph...

#Cryptocurrencies #Gold

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