Crypto Markets See Mixed Signals But Remain Stable, Bitcoin Pushes $6,700

NEO, which saw substantial growth of around 8 percent yesterday, is back down about 7 percent on the day and trading at $37.54. Though down today, the coin has seen a whopping 33.5 percent growth over the past week. July 4, the NEO network reported that it was beginning the decentralization of its Mainnet.

MIOTA is also down about 7 percent on the day, trading at $1.06 at press time. The altcoin has also however seen growth this week, up around 17 percent over the past seven days.

In terms of the top gainers, Tezos (XTZ) has seen the most growth over the past 24 hours. The coin is up 9 percent on the day, trading at $1.81 per coin. Cointelegraph recently reported on the story of the controversial project, which raised a then record-breaking $232 mln in its Initial Coin Offering (ICO) and has since been the subject of multiple controversies.

Ethereum Classic (ETC) is also up notably, seeing 8 percent growth on the day to press time and trading at $18.27.

Yesterday, July 5, Fundstrat’s Tom Lee reiterated his January prediction that Bitcoin could be worth between $22,000 and $25,000 by the end of 2018, a calculation made based on the cost of mining.