Stagnation or breakthrough imminent? What happened to the cryptocurrency market in July
Last month, the total capitalization of the industry rose due to the growth of bitcoin. Its share for the first time in the last six months exceeded 48%
In July, the total capitalization of the cryptocurrency market once again failed to overcome the mark of $300 billion, it dropped to $277 billion. Last month, the bitcoin exchange rate increased to $8300, and the cost of most of the altcoins remained at the same level.
However, a few cryptocurrencies have risen even more than bitcoin. Price zcash for rose to 23% for the month, and the cost is Stellar for this period of time increased by 42%.