Bitcoin and Stellar: July’s Crypto Winners Shine as EOS, Ethereum, Tron, Litecoin Retreat
Bitcoin (BTC) and Stellar (XLM) led the way in July, as the overall crypto market cap grew 6.64%.
At the start of the month, the total market cap of all cryptocurrencies was pegged at $256 billion, before climbing to a height of $303 billion and settling at $273 billion.
Bitcoin jumped 15% month-to-month, from $6,333 to $7,674.
In addition, the coin’s dominance over alternative cryptocurrencies grew from 42% to 49%.
Stellar was the only other coin in the top 10 to rise, jumping from $0.19 to $0.27 for a gain of 42%.
The cryptocurrency was propelled by a string of announcements, including its potential listing on Coinbase.
The rest of the top coins by market cap did not fare so well. Here’s a look at where the top 10 landed at the end of July.