Crypto Markets Hold Recent Gains, Bitcoin Gaining Momentum Over $6,500 Price Point

Crypto markets are consolidating their recent gains, today, July 3, as data from Coin360 shows, with Bitcoin trading above $6,500.

Markets took an upswing starting June 30, and have since stabilized their growth, with most of the top coins seeing small gains and losses on the day to pres time.

Bitcoin is trading currently around $6,560 at press time, down just 1.5 percent over the 24-hour period.

The leading cryptocurrency has seen an intraday high of $6,687, holding comfortably above the $6,300 resistance level, which Fundstrat's Robert Slyumer earlier this week said would be crucial for gaining momentum to reverse its recent downtrend.

Top altcoin Ethereum is trading around $464 to press time, down 2.4 percent over the past 24 hours.

On CoinMarketCap's listings, the top ten coins by market cap are seeing mixed reds and greens, most are showing only minor percentage gains and losses.

Ripple is significantly out-performing other major altcoins, seeing a solid 3 percent gain over the 24 hours to press time, trading at $0.49.

Total market capitalization of all cryptocurrencies is at around $268.3 billion at press time, up a significant 15 percent from an intra-weekly low of $232.6 billion June 29.Total market capitalization of all cryptocurrencies from CoinMarketCap.

" The report praised crypto global transaction networks as being "relatively safe, transparent, and fast," and characterized cryptocurrencies" as "a contemporary form of private money."

Just yesterday, major U.S. crypto exchange and wallet provider Coinbase announced that its digital assets custodian solution for institutional investors had launched, secured through an SEC-compliant and FINRA-member independent broker-dealer.