CRYPTO-DAILY THE NUMBERS: MARKET CONTINUES GROWTH AS ALTCOINS GET SOME RELIEF#0070

in #investing7 years ago

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Market Overview.

The market continues on its growth path although Bitcoin's bull run lost some steam, this led to some Altcoins recording growth much to the relief of holders. The market gained $1.745Billion a 1.14% rise to close (GMT+10) at $154.744Billion while volume traded was $3.13Billion a 31.50% decrease from the previous day. A total of 1157 cryptocurrencies and 5,691 market pairs were traded. Bitcoin's market dominance dropped to 51.50% of the total market cap.

TOP 10 BY MARKET CAP

RANKCOIN/ASSETMARKET CAP (BILLION$)%CHANGE
1BITCOIN BTC79.720-0.39
2ETHEREUM ETH28.7291.54
3RIPPLE XRP10.2955.09
4BITCOIN CASH5.314-4.99
5LITECOIN LTC2.6970.52
6DASH DASH2.2182.21
7NEM XEM1.972-0.41
8NEO NEO1.5336.98
9MONERO XMR1.3260.76
10IOTA IOTA1.3183.37
-TOTAL135.1220.41
-OTHERS19.6226.50

NEO was our biggest gainer recording a 6.98% growth although it recorded a negative volume growth of 39.07%, while BCH recorded the biggest loss of 4.99%. Bitcoin recorded a marginal loss of 0.39% with 48.02% of the total market volume traded as low as $4700, as all coins retained their spots. The top Ten cryptos combined market cap grew by 0.41% to close at $135.12Billion controlling 87.32% of the total market capitalization, while the remaining cryptos market cap also grew by 6.50% to close at $19.62Billion.

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TOP 10 BY VOLUME TRADED

RANKCOIN/ASSET24HR VOL (M$)%CHANGEDOM PAIR
1BITCOIN BTC1,504.94-25.87BTC/USD
2RIPPLE XRP323.61-41.99XRP/KRW
3ETHEREUM ETH322.97-39.62ETH/USD
4BITCOIN CASH BCH229.49-46.13BCH/BTC
5TETHER USDT127.94-28.92BTC/USDT
6LITECOIN LTC76.23-48.57LTC/USD
7OMISEGO OMG53.8365.17OMG/BTC
8NEO NEO50.86-39.07NEO/BTC
9QTUM QTUM48.67-19.98QTUM/KRW
10DASH DASH28.27-39.33DASH/BTC
-TOTAL2,766.01-32.70
-OTHERS365.99-20.75

OMG recording the only growth in market volume of 65.17% returned to the board evicting XMR to claim spot No.7. While LTC had the biggest loss of 48.57% of investors attention. Our dominant pairs show a 60% CRYPTO/FIAT pairing, with a positive effect on the market cap. Combined top 10 volume was $2.76Billion a 32.70% decrease, and an 88.31% of total volume traded, while the remaining cryptos traded $365.99Million a 20.75% decrease in investors attention.

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SOURCE:CoinMarketCap
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