No Big Losses, But Crypto Markets Aren’t Setting the Financial World on Fire – Bitcoints

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Published on June 8th, 2018 | by bitcoin

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No Big Losses, But Crypto Markets Aren’t Setting the Financial World on Fire

No Big Losses, But Crypto Markets Aren’t Setting the Financial World on FireMarket visualization from Coin360 Bitcoin (BTC) is just about holding its ground above the $7,600 threshold, trading at $7,633 at press time.
A morning spike saw BTC trading as high as $7,870, before falling back to its current level.
Top altcoin Ethereum (ETH) has fallen 1 percent over the 24 hour period, trading around $600.59 to press time.
Crypto markets overall remain sluggish after their sharp retreat from a tantalizing rally in early May, stemming dramatic further losses but failing to reclaim significant ground.
Total market capitalization for all cryptocurrencies is at $342 bln to press time, down from $440 bln around a month ago.

Source: Cointelegraph.com

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