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The best performing cryptocurrencies were Bitcoin, Stellar and Zcash while Binance Coin, Tezos, OmiseGO and Qtum were the biggest losers.
While spending another month in the earth's crypts it is time to look back at the best and worst cryptocurrencies in July. After the annual lows of June, things promised to be more positive in July. Total market capitalization rose 14% from $ 257 billion to $ 293 billion by the end of the month. The first half of the month was down with a minimum of $ 243 billion on the 13 followed by a rally that brought the total capitalization back to over $ 300 billion for the first time since mid-June.
The tax was largely the work of Bitcoin, which gained about 28% during the month. He started trading around $ 6,400 and reached a maximum of $ 8,345 before correcting $ 8,180 by the end of July. The important thing to note, however, is the increase in the dominance of the BTC market given that its price has risen to the detriment of all the altcoins. At the end of July, Bitcoin had 48% of the crypto market, up from 42.6% on 1 July st .
July Crypto Winners
Bitcoin Cash earned some gains in July, climbing $ 66 from $ 750 to $ 816 during the month. The gain of almost 9% follows a month of heavy losses in June for BCH and was probably driven by the performance of his older brother.
Stellar had a stellar month rising 53% in July from $ 0.193 to $ 0.296 at the end of the month. The price of XLM was driven by a new partnership with the Singapore-based payment provider, TransferTo, and another partner, SatoshiPay, which entered the London Stock Exchange.
Cardano made small gains in July, after three months of heavy falls. ADA closed the month up by 11.6% to $ 0.154 from $ 0.138 at the start. However, the trend trend declined in July and Cardano usually fell rapidly in these market conditions.
Neo managed to recover some marginal gains of just under 5% in July ending the month at $ 32.3. Likewise, Ethereum Classic gained just over 6% by ending in July at $ 17.2, just as Nem gained slightly from around 5% to $ 0.172. To complete the top ten Zcash had an excellent month rising to almost 28% to close it at $ 216.
Other crypto winners in July included 0x skipping 48%, BitShares rebounds 31% more and Bitcoin Gold salt of 15 %. [19659005] July Crypto Losers
Ethereum did not move much in July, starting at around $ 455 and trading at $ 457 by the end of the month. ETH broke briefly above $ 500 on July 18 during the mini bull run, but quickly retreated to previous levels around $ 460. It is the third consecutive month that Ethereum has not made any gains.
Ripple's XRP lost 4% in July ending the month at $ 0.446, down from $ 0.465 in the first. Despite an increasing number of partners and services, the investments did not fall within the cryptocurrency of the company.
EOS lost 4.6% in July, rising from $ 8.15 to $ 7.77. Since it is the launch of overcrowded and denigrated mainnet and the historic high of over $ 21 at the end of April, EOS has crashed 63% in the last three months.
Litecoin did not really move in July, ending the month where it started at just over $ 81. Stellar's gain was the pain of Litecoin, which fell to seventh place in the coin cap charts. Iota was in a similar situation at the start of the month at just over a dollar and finishing just under one.
Tron suffered a 5.2% drop in July with even Justin Sun's tweets torrent that did not keep the coin inflated. Monero started and finished the month at exactly the same price, $ 131, and Dash managed to lose about 1.5% in the month.
After a month of pounds in June, Binance Coin lost ground in July, falling 10% from $ 14.68 to $ 13.22. Although Tezos arrived on the scene in terms of market capitalization, in July it was beaten by the unfavorable price, dropping by 53% to just over $ 2 from $ 4.4 at the beginning. VeChain had a very turbulent July and lost 5% following wild swings to close the month at $ 2.50.
Other crypto-losers in July included OmiseGO down 12%, Qtum dropped 13%, Lisk lost 8%, Bytecoin down 6.7%, Zilliqa remained flat, Decred yielded 10% and Aeternity completes the thirty without any movement.
Bitcoin earned most of the gains during the month to the detriment of the rest of the altcoins, only some of which closed higher in July than they started Total market capitalization only increased in July because $ 30 billion they were poured into BTC, which showed all signs of a solid recovery by the end of the month. To sum up the victorious crypts in July, there were Bitcoin, Stellar and Zcash. The biggest losers were Binance Coin, Tezos, OmiseGO and Qtum.
All figures from Coinmarketcap.com
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