Market Watch July 13

Earlier signs of Bitcoin recovery within the past week seems to be quickly fading away as the market volatility tolls on its top coin and its counterpart. Bitcoin and Ethereum stand at $6250 and $438 respectively.

Total market cap: $249 billion
Bitcoin’s market cap is $107 billion
BTC dominance at 43.1%.

Major Crypto Headlines

New US Gov’t Task Force Highlights Digital Currency Fraud for ‘Particular Attention’

Crypto Exchange Binance is Backing the World’s First Decentralized Bank in Malta

New Power Rates Approved for Crypto Miners in Upstate New York

Significant Gainers And Losers

Docademic (39.47%)

Docademic (MTC) ended the last 24h trading period on the green wall with a 39 percent rise against the dollar, trading at  $0.22 with a volume of $896,654. The price surge came after MTC was featured on the cover of Forbes Magazine. Projects who have had Forbes cover in the past saw a rise in price. So far, there are only three crypto-related companies that have had a CEO Forbes cover – Changpeng Zhao (The CEO of Binance), Olaf Carlson (Polychain Capital), and Docademic (MTC).

Mobius (+33.29%)

Mobius (MOBI) has been on a steady momentum, ending the last 24h as one of the significant gainers in the market. MOBI spiked by 33 percent against the USD, trading at $0.053 with a volume of $974,619.

Clipper Coin (-35.75%)

It wasn’t a bright day for  Clipper Coin (CCCX) investors. CCCX emerged as the most significant loser over a 24h period. CCCX traded at $0.0039, a 35 percent decline against the US dollar and has a trading volume of $292,254. The slump in price is just “another regular day in the volatile market.”