Major Crypto Markets Report Mixed Signals, Gold Slightly Fell

Friday, July 19 - Cryptocurrency markets are reporting mixed signals, with most of the top-20 coins by market capitalization are down over the last 24 hours.

Bitcoin has stayed above the $10,000 threshold during the day and is trading at around $10,412 at press time.

The leading cryptocurrency has lost 2.14% on the day, while its weekly losses amount to nearly 10%. As reported earlier today, U.S. Congressman Patrick McHenry, who represents North Carolina's 10th District, told fellow lawmakers directly that attempts to stop Bitcoin are futile.

Ether started the day around $224.91, subsequently reaching its intraday high of $229.75.

At press time, ETH is trading at around $218.29, down 2.71% over the last 24 hours.

Ripple is slightly down as well, currently trading at around $0.317, down by 1.61% over the 24 hour period.

On the top-20 list of cryptocurrencies, only Binance Coin, Bitcoin SV, TRON, Stellar, Dash, and IOTA are reporting gains between 0.49% and 3.12%. Today, privacy-focused digital currency Zcash forked into a new blockchain network dubbed Ycash, whose total supply amounts to 21 million coins.

Currently, ZEC is the 24th major coin and is trading at around $73.9.Zcash 7-day price chart.

The combined market capitalization of all cryptocurrencies is now at around $282 billion, and the daily trading volume is around $67 billion at press time.

In traditional markets, gold slumped about 1% today, according to CNBC, as the dollar firmed and investors took profits after prices briefly surpassed $1,450 to hit a six-year peak on dovish signals from the U.S. Federal Reserve.