Market moving sideways, Bitcoin struggling to get back above $11,500

06 Jul, 2019
by David Borman
Price Action
Market moving sideways, Bitcoin struggling to get back above $11,500

Today saw Bitcoin in a bit of sideways action, between $11,000 and $11,500. As of now it has not been able to get above, and much of the market has been following in its footsteps.

Coin Market Capitalization/Bitcoin Dominance

Right now the market cap is sitting at $323,268,315,278, near the highs of the day and up from $312 billion just hours ago. Bitcoin dominance has slipped just a bit and is now at 62.5%.

Current price of Bitcoin: $11,336.96.

BTC/USD Chart provided by Tradingview

Top 10

Looking at the market leaders, we can see the biggest gains today go to TRON (TRX) with a nice 3.03% rise to $0.0323, and not far behind is Ethereum (ETH) coming up 2.89% to $292.86. The only coin currently down in the top 10 is Ripple (XRP), with a -0.76% drop to $0.384.

Biggest Winners/Losers

Moving outside of the top 10, we see some impressive upside from SOLVE, rising 24.83% to $0.358, as well as Waltonchain (WTC), now up 22.62% and at $2.33. Of course there was some pain today, and Insight Chain (INB) was knocked down -5.92% to $0.304. Another coin feeling the burn was VestChain (VEST), taking a -4.44% hit to $0.015.

For now much of the market is basically sideways, but perhaps this weekend will shake things up? As always, stay here with Chepicap for all price action updates!

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