CRYPTO-WEEKLY THE NUMBERS: MARKET'S WEAK 7 DAYS PERFORMANCE PLAGUED BY VOLATILITY AND LOW VOLUME#0068
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Market Overview.
The market had a very volatile trading week amidst low trading volumes due to Chinese exit and the Korean holidays which is expected to end today. The market recorded a very weak growth, it peaked slightly above the $150Billion mark equating its previous week's peak also recorded a 7 day low of $140Billion. The market grew by a poor 0.21% in the last 7 days gaining a meager $316Million to close (GMT+9) at $150.45Billion. Total volume traded in the last 7 days was $18.709Billion a 19.18% week on week decrease. While in the last 24Hr the market grew by a weak 0.10% gaining only $145Million and volume traded was $3.616Billion an 86.78% increase from the previous day. A total of 1152 cryptocurrencies and 5651 market pairs were traded. Bitcoin's market dominance increased from 49.2% to 50.4% of the total market cap in the last 7 days.
TOP 10 BY MARKET CAP
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | % 24HR | %7 DAY |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 75.847 | 2.46 | 2.75 |
| 2 | ETHEREUM ETH | 28.997 | -1.96 | 1.54 |
| 3 | RIPPLE XRP | 10.329 | 11.77 | 32.95 |
| 4 | BITCOIN CASH | 5.547 | -7.78 | -20.28 |
| 5 | LITECOIN LTC | 2.781 | -0.64 | -4.47 |
| 6 | DASH DASH | 2.266 | -4.99 | -5.70 |
| 7 | NEM XEM | 1.817 | -4.27 | -15.72 |
| 8 | NEO NEO | 1.593 | -11.79 | -13.56 |
| 9 | IOTA IOTA | 1.386 | -6.16 | -18.37 |
| 10 | MONERO XMR | 1.349 | -3.02 | -3.30 |
| - | TOTAL | 131.912 | 0.99 | 1.86 |
| - | OTHERS | 18.541 | -5.85 | -10.12 |
In course of the week, our biggest gainer was XRP gaining an impressive 32.95%, while BCH recorded the biggest loss of 20.28% as all coins retained their spots. Bitcoin grew by 2.46% outperforming the market as it traded as high as $4624 within the past week. The top Ten cryptos combined market cap grew by 1.86% in 7 days to close at $131.912Billion, while OTHERS declined by 10.12% in the last 7 days to close at $18.541Billion.
| PARAMETER | PREV WK | CURR WK | % W/W |
|---|---|---|---|
| 7 DAY VOL | 23.149B | 18.709B | -19.18 |
| AVG DAILY MKT CAP | 143.025B | 147.104B | +2.85 |
TOP 5 BIGGEST GAINERS AND LOSERS IN 7DAYS
| RANK | COIN | %GAINED | COIN | % LOST |
|---|---|---|---|---|
| 1 | HunCoin HNC | +9456.47 | AppleCoin APW | -96.65 |
| 2 | VaultCoin VLTC | +381.34 | B3Coin B3 | -86.62 |
| 3 | MojoCoin MOJO | +381.34 | DT Token DRACO | -79.25 |
| 4 | Primulon PRIMU | +298.25 | Bata BTA | -77.75 |
| 5 | DaleCoin DALC | +261.37 | BTCGold XBG | -69.84 |
FRESH ICOs
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Open Money was conceived of as a solution to a real-world problem that members of the team had first-hand – how to leverage tech to open up their products to the massive blockchain and cryptocurrency market. The vision was twofold, to provide key elements for a new ecosystem to all mainstream software developers in an effort to accelerate blockchain adoption, and to build the tools developers would require to bridge their offerings into the cryptocurrency world. Launched 07/10 For more HERE
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| REAL | REAL |
| Wild Crypto | WILD |
| Sand Coin | SND |
| EthBet | EBET |
| FLiK | FLIK |
| WhaleCoin | WHL |
| Prospectors Gold | PGL |
| Internxt | INXT |
NEWS
Rumor or Not: Goldman Trading Would Change Bitcoin-CoinDesk
Bitcoin: $4600, 50% Dominance, Forks Leave Altcoins No Room For Moon -CoinTelegraph
ANNOUNCEMENT/EVENTS
| DATE | COIN | DETAIL |
|---|---|---|
| OCT 10-11 | EMC2 | BLOCKCON CONFERENCE IN CALIFORNIA |
| OCT 12 | BET | RIGA GAMING CONGRESS |
| OCT 14 | EMC2 | BLOCKCHAIN ADRIA. CONFERENCE IN CROATIA |
I hope this post helps your investment decisions. If you like it PLS don't forget to UPVOTE, RESTEEM and FOLLOW for MORE. THANK YOU FOR YOUR ENCOURAGEMENT.
HAVE A PROFITABLE INVESTING DAY!
SOURCE:CoinMarketCap
SEE PREVIOUS POST CRYPTO-DAILY THE NUMBERS: MARKET PULLS BACK REGAINS $7BILLION WHAT A VOLATILE TRADING WEEK#0067
Nice post,
Check out my Bitcoin analysis for today
https://steemit.com/bitcoin/@ohamdache/bitcoin-price-configuring-resumes-height-analysis-09-10-2017
img credz: pixabay.com
Nice, you got a 4.2% @minnowbooster upgoat, thanks to @cryptoinvestor
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A very informative post. I can see the bitcoin is still reigning high. Where is our steem and steem dollars?