The total crypto market cap added $38.7 billion to its value for the last seven days and now stands at around $283.4 billion. The top 10 currencies are all in green for the same time frame with Bitcoin (BTC) being and Litecoin (LTC) being the biggest gainers with 19 percent and 17.5 percent respectively. By the time of writing bitcoin (BTC) is trading at $9,141 while ether (ETH) stands at $269. Ripple’s XRP is at $0.429.
Bitcoin opened the new week with a solid green candle on June 10. The coin added $400, or 5.2 percent to is value and once again reached the important $8,000 level. BTC closed the previous 7-day period with a 12 percent loss and bulls were already looking for a way to consolidate.
On June 11 we saw a small correction to $7,920 as BTC/USD was trading as low as $7,720 during intraday. The pair climbed up to $8,180 on the next day, Wednesday, June 12.
The most popular cryptocurrency found its way back to the uptrend channel on June 13 and stopped at $8,230. On the last day of the workweek, it gained another 5.8 percent peaking at $8,697. BTC was just a step away from its yearly high of $8,771.