Market Analysis Report 27 November 2017

in #cryptocorency7 years ago

Yesterday, the total market capitalization for cryptocurrencies exceeded $300 Billions for the first time. Currently, the market cap for all cryptocurrencies is sitting at roughly $304.5 B.At the time of writing, the Bitcoin price is sitting at $9,701, representing a gain of 8.83% in the last 24 hours. The total market capitalization of Bitcoin is over $162 billion, following the establishment of a new all-time high of roughly $9,705 earlier today. More than $900M worth of BTC were exchanged in the BTC/USD market, representing a 19% share of daily volume, second to the JPY at 65%.

Full article here: https://www.cryptocompare.com/email-updates/daily/2017/november/27/

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That's a gigantic amount and what's interesting is that Bitcoin is keeping up with the trend, in fact leading it. Also, what's positive is that it has maintained it's 50% Market Share. Amazing!

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