Today we would like to present the most significant news and important trends that influenced the market in July 2018.
The market entered the stage of an uptrend in the second half of the month. The total capitalization of the cryptocurrency increased by 16% from its minimum value of $243bn, registered in the middle July, to $283bn
Thus, the total market capitalization in July broke the downward trend that prevailed since the beginning of this year, reaching the values registered in March.
Bitcoin’s market capitalization increased by 29%: from $105bn to $137.bn.
The altcoins market could not demonstrate such impressive results: since the beginning of the month, the total capitalization of altcoins increased from $144bn to $145bn
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