29 Jul Cryptocurrency Market Update: Bitcoin Gold Performing on Sunday
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Markets are flat this Sunday; Altcoins still climbing include Bitcoin Gold, VeChain, ChainLink and TenX.
Another pullback has occurred as markets failed to hold the $300 billion level. Most cryptocurrencies are in the red today as previous day’s gains are wiped out. Bitcoin has dropped half a percent on the day and is trading at $8,170. Over the week it has gained almost 10% since last Sunday and the short term trend is bullish.
Ethereum has retreated just over 1% trading at around $465, over the week ETH has made no gains and is trading at the same level. Altcoins are mostly in decline with one or two showing a glimmer of green during trading this Sunday.
Stellar is taking the biggest hit in the top ten at the moment after days of gains. XLM is down 2.2% to trade at $0.312, over the week though it has gained 4.7% since last Sunday. All other altcoins in the top ten are pretty flat with minor declines.
The same picture can be seen in the top twenty with most altcoins trading very…
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