Crypto markets are experiencing the second day of losses with Bitcoin hovering between $6,300 and $6,400.
Wednesday, July 11: crypto markets are experiencing a slight decline with the total market cap down just $2 billion from the same time yesterday.
Market visualization from Coin360
Total market capitalization chart. Source: Coinmarketcap
Litecoin ( LTC) is one of the only two coins to have gained value today, the other one being Tether (USDT). As of press time, Litecoin is up just a little over zero percent and is trading at around $77. On Tuesday, July 10, the LTC Foundation obtained a 9.9 percent stake in Germany’s WEG Bank AG via a strategic partnership deal with TokenPay.
While the crypto markets are suffering losses for the second day in a row, co-founder and president of crypto startup TenX Julian Hosp expressed optimism about Bitcoin today, claiming that he is still “quite confident” BTC would hit $60,000 in 2018.