Stellar Launches a Decentralized Exchange, Bitcoin Stabilizes Near $6,500 and Cryptocurrency…

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<strong>The State of the Market:</strong> On Friday Stellar launched a decentralized exchange (DEX) which will offer digital assets from multiple blockchains. The company joins a growing list of crypto-startups and exchanges opening DEXs, but StellarX is unique in the fact that it offers BCH, BTC, USD, ETH, and a range of other tokens which are paired with XLM. Customers will retain 100% custody of their funds and is the exchange is entirely fee free. Meanwhile, bitcoin continues to fluctuate from $6,500 to $6,750 and analysts are suggesting that $6,550 is a consolidation point that bitcoin will retest until a bullish breakout occurs. Currently the cryptocurrency market capitalization stands at $220 billion.