The cryptocurrency market is within the purple as we speak. This week Bitcoin skilled fairly a big value drop. Last week we noticed Bitcoin hit its highest stage up to now this yr shifting nearer to $9,000. On Monday the value of Bitcoin was round $8,500 however then on Tuesday it fell all the best way to round $8,000 and as we speak we noticed it undergo one other drop, falling to round $7,500. The value is at the moment round $7,800, that is nonetheless larger than the value we noticed it at this present day final yr. Today the full cryptocurrency marketcap is round $250 billion, this present day final yr it was round $335 billion.
Out of the highest 20 as we speak, Ethereum Classic is the most important loser with losses of over 9%. This week, Ethereum Classic Labs introduced the implementation of the Atlantis exhausting fork. Atlantis is being applied on the testnet, and it’s anticipated to be applied on the mainnet round July 1st. The objective of Atlantis is to extend the performance and stability of ETC.
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