CRYPTO-DAILY THE NUMBERS: MARKET BACK TO GROWTH PATH AS CONFIDENCE INCREASES#0049

in #investing7 years ago

meta-chart (33).png

Market Overview.

The market appears to have corrected and now firmly on the path of growth. The market grew by a healthy 1.82% gaining $2.85Billion to close (GMT+9) at $159.555Billion while volume traded was $5.66Billion a 23.75% decrease from the previous day. A total of 867 cryptocurrencies, 237 Assets, and 5,473 market pairs were traded. Bitcoin's market dominance decreased to 46.9% of the total market cap.

TOP 10 BY MARKET CAP (BILLIONAIRE'S BOARD)

RANKCOIN/ASSETMARKET CAP (BILLION$)%CHANGE
1BITCOIN BTC74.7591.06
2ETHEREUM ETH30.5750.97
3BITCOIN CASH10.29211.23
4RIPPLE XRP8.5151.68
5LITECOIN LTC4.0925.49
6NEM XEM2.648-4.23
7DASH DASH2.5631.67
8IOTA IOTA1.95211.80
9MONERO XMR1.7830.73
10ETHEREUM CLASSIC ETC1.7184.18
-TOTAL138.8971.97
-OTHERS20.6580.83

NEM recorded the only loss on the board dropping by 4.23%, while IOTA recorded the biggest gain of 11.80% and moved up one spot to No.8 swapping spots with XMR. Bitcoin recorded a gain of 1.06%, as all coins on the board retained their spots. The top Ten cryptos combined market cap rose by 1.97% to close at $138.89Billion controlling 87.05% of the total market capitalization, while the remaining cryptos market cap also rose by 0.83% to close at $20.658Billion.

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TOP 10 BY VOLUME TRADED

RANKCOIN/ASSET24HR VOL (M$)%CHANGEDOM PAIR
1BITCOIN BTC1,906.12-21.49BTC/USD
2ETHEREUM ETH832.58-41.33ETH/KRW
3BITCOIN CASH BCH742.70159.90BCH/KRW
4LITECOIN LTC692.13-28.54LTC/CNY
5ETHEREUM CLASSIC ETC181.38-25.12ETC/CNY
6TETHER USDT176.32-29.32BTC/USDT
7RIPPLE XRP134.29-38.69XRP/KRW
8QTUM QTUM106.44-47.33QTUM/KRW
9NEO NEO76.00-18.77NEO/BTC
10OMISEGO OMG73.51-39.16OMG/BTC
-TOTAL4,921.47-21.14
-OTHERS744.53-39.43

Although having positive market cap growth, all coins on the board recorded negative volume growth except BCH. BCH gained 159.9% volume growth while NEO returned to the board evicting XMR and claimed spot No.9. Our dominant pairs show a high 80% CRYPTO/FIAT pairing with a positive effect indicating inflow of funds. Combined volume was $4.92Billion a 21.14% drop, and an 86.86% of total volume traded, while the remaining cryptos traded $744.5Million a 39.43% decline in investors attention.

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COINSYMBOL
AventusAVT
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NEWS

-Seeing Ghosts: Vitalik Is Finally Formalizing Ethereum's Casper Upgrade-CoinDesk

-‘Bubble Expert’ Shiller Vs. Brian Kelly: Bitcoin Could ‘Burst’ Or ‘Take Off’ -CoinTelegraph

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HAVE A PROFITABLE INVESTING DAY!

SOURCE:CoinMarketCap
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