Tiny Decrease Today — A Market Analysis
After yesterdays tiny increase of $0.5 billion USD we do see a tiny decrease today.
Total Market Capitalization:
After starting in the day with an slow but steady increase the market dipped fast nearly $10 billion USD to then slow down and showing nearly no movement for the next couple of hours. A few hours ago the market once more increased fast to only slow down again. Adding all this up we do see a tiny decrease of barley more than $1 billion USD, from nearly $290 billion USD total market capitalization 24 hours ago to nearly $289 billion USD total market capitalization at time of writing:
Dominance (Percentage of Total Market Capitalization):
Following this dominance charts for the past several months it seems like Bitcoins dominance grows quite substantially in times the market isn’t doing great. On an increasing market like we see lately Bitcoins dominance seems to decrease while those of altcoins seem to rise.
| Cryptocurrency | Dominance |
|---|---|
| Bitcoin [BTC] | 40,06% |
| Ethereum [ETH] | 18,56% |
| Ripple [XRP] | 7,32% |
| Bitcoin Cash [BCH] | 5,28% |
| Litecoin [LTC] | 1,93% |
| IOTA [MIOTA] | 1,11% |
| NEO [NEO] | 0,88% |
| Dash [DASH] | 0,75% |
| Monero [XMR] | 0,68% |
| NEM [XEM] | 0,61% |
| Others | 22,81% |
Top 15 chart (measured by their Market Capitalization):
Only three green numbers can be spotted in our top 15 chart with the best performing Cryptocurrency being Dash [DASH] today with an increase of more than 1% over the course of the last 24 hours followed by Tether [USDT] with an increase of 0,03% today. Worst performing Cryptocurrency in our top 15 chart is once more Monero [XMR] today with an decrease of more than 3% today shortly followed by Binance Coin [BNB] also showing an decrease of more than 3% today:
Top Gainer Today (out of the Top 100):
Only two double digit increases can be spotted in our top 100 chart, measured by their market capitalization, being IOST [IOST] with an increase of more than 14% over the course of the last 24 hours shortly followed by Enigma [ENG] showing an increase of nearly 14% today:
Top Loser Today (out of the Top 100):
Not a single double digit decrease today in our top 100 chart. Worst performing Cryptocurrency in it is again WaykiChain [WICC] with an decrease of nearly 10% over the course of the last 24 hours followed by PIVX [PIVX] showing an decrease of nearly 9% today:
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It's interesting to see that the crypto market is getting less volatile while the stocks market increasingly volatile. Waiting to see what will happen next. Haha..
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Yep kinda strange!
Only time will tell! haha
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