Daily Crypto Overview 1-7-2018

Another day is in the books for 2018 and it was a mixed day for crypto.  The total market cap of all crypto is about the same as it was 24 hours ago. 

Bitcoin had a down day,  losing 6 percent and bringing it's market cap back down to $268.927 billion dollars and making each coin worth about $16,000. 

Ethereum had a great day rising to a new all time high at about $1250 each and a $120.966 billion dollar market cap.  Here is a post that I wrote earlier today on Ethereum's great day,  why it rose,  and what challenges it might have in the future.  Ethereum is now only a little over $3 billion dollars behind Ripple to regain the #2 spot in total market cap value for a cryptocurrency. 

Here are the 10 biggest gains in the Top 100 for the day:

1. Dentacoin- 196 percent gain to $0.00711 and a $2.312 billion dollar market cap

2. DeepBrain Chain- 47 percent gain to $0.418 and a $376 million dollar market cap

3. ICON- 33.5 percent gain to $10.82 and a $4.095 billion dollar market cap

4. Chainlink- 33 percent gain to $1.39 and a $486 million dollar market cap

5. KuCoin Shares- 31.5 percent gain to $19.07 and a $1.736 billion dollar market cap

6. aelf- 30 percent gain to $2.54 and a $634 million dollar market cap

7. OmiseGo (OMG)- 30 percent gain to $26.57 and a $2.711 billion dollar market cap

8. BLOCKv- 26 percent gain to $0.3105 and a $418 million dollar market cap

9. Quantstamp- 25 percent gain to $0.792 and a $488 million dollar market cap

10. Populous- 25 percent gain to $53.76 and a $1.989 billion dollar market cap

5 Biggest Losses in the Top 100 for the day:

1. Binance Coin (BNB)- 18 percent loss to $17.16 and a $1.699 billion dollar market cap

2. Qtum- 17 percent loss to $80.40 and a $5.933 billion dollar market cap

3. DigitalNote- 16.5 percent loss to $0.0714 and a $492 million dollar market cap

4. PACcoin- 16 percent loss to $0.000159 and a $400 million dollar market cap

5. BitConnect(could possibly be a ponzi scheme in the making so beware,  but I do have some invested and have never had problems cashing out)- 12.5 percent loss to $375.88 and a $2.321 billion dollar market cap

Conclusion:

MANA gained 8 percent taking it to $0.217 and Enjin Coin was down about 9 percent to $0.431.

Steem stayed fairly stagnant today losing less than half of a percent and winding up with a price of $6.24 and a $1.535 billion dollar market cap.  Steem Dollars were also quiet gaining less than half of a percent to $7.90.

Overall it was a hit or miss type of day in crypto where some of my favorites were up and some were down.

Make sure to follow and upvote if you enjoyed this post and keep an eye out for it each day!

What do you think will happen next in crypto?  Tell me in the comments! 

To the moon,

@bwells