Most cryptocurrencies were trading in the red, with bitcoin down 2 percent, early on July 9. The global cryptocurrency market is currently $1.35 trillion, a decline of 4.84 percent over the past 24 hours.
Bitcoin, the world’s largest cryptocurrency by market capitalization, is trading at over $32,700. The price of ether is down 9 percent, trading at over $2,000.
Payments company Square Inc on July 8 said it will make a hardware wallet for bitcoin.
“We have decided to build a hardware wallet and service to make bitcoin custody more mainstream…”, Jesse Dorogusker, head of hardware at Square said in a series of tweets.
The news comes amid US Senator Elizabeth Warren raised concerns about the risks posed to consumers and financial markets by the cryptocurrency market.
These are the prices of the 10 largest cryptocurrencies
