Crypto Markets Attempt Recovery, Bitcoin Circles $6,500 Support

August 10: Crypto markets are tentatively holding gains today, as they stake their recovery from the week's earlier plummet.

Bitcoin is attempting to hold the $6,500 support at press time, trading at around $6,485 and up a fraction of a percent on the day.

The leading cryptocurrency has seen a 24-hour high around $6,610, but has been trading jaggedly over trading hours, briefly dipping as low as around $6,332, before spiking upwards to re-attempt $6,500.

Weekly losses remain at a weighty 13.8 percent, yet on the month Bitcoin is up around two percent.

Ethereum is currently trading around $360, losing around one percent on the day to press time.

Ethereum's losses on its weekly chart are around a stark 13 percent, with monthly losses just under 18 percent.

On CoinMarketCap's listings, the top ten crypto assets by market cap are mainly in the red, seeing losses no greater than six percent.

The most bullish performance on the day has come from Stellar, which is up about 3.2 percent to trade around $0.22 at press time.

Total market capitalization of all cryptocurrencies is around $227 billion at press time, down slightly from its 24-hour peak around $233 billion.

On the week, total market cap has shrunk by around $40 billion.