Cryptocurrencies record highs mid-session today, Wednesday, July 7th, ignoring the continuation of the regulatory  campaign led by China to limit dealing in cryptocurrencies since mid-May, as Bitcoin rises by about 1.8% today .

Ethereum is leading the rise in cryptocurrencies, rising more than 5% today, Wednesday, after statements from US investment bank Goldman Sachs that Ethereum may displace Bitcoin in the future as a store of value because it has real use potential.

China continues to tighten the screws on cryptocurrency dealers, as the Chinese Central Bank issued a decision to close the software company Qudao Cultural Development because of suspicions that it deals in digital currencies.

Bitcoin is trading at levels of 34,777 thousand dollars, an increase of about 1.8%, with a market value estimated at 651 billion dollars, while Ethereum is trading at levels of 2,390 thousand dollars, an increase of about 5.10%, with a market value of up to 277 billion dollars and an increase of about 13% in the last seven sessions.

The Binance Coin coin is trading at an increase of about 6.67% at levels of $332 with a market value of up to $50 billion, while the Cardano currency is trading at levels of $1.43, up by about 0.44%, with a market value of $45 billion.

On the other hand, the Dogecoin cryptocurrency is down by 0.35% at levels of $0.2346, with a decline in the market value to $30 billion.