And Back To Green — A Market Analysis

in #cryptocurrency6 years ago

 
 

After the rather huge decrease we saw yesterday the market is once more showing an small increase today.

 
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Total Market Capitalization:

After starting in the day with a fast increase of more than $5 billion USD the market started to decrease once more to its lowest point of barely more than $252 billion USD total market capitalization today to once more starting to increase slowly up until now. Adding all this up we do see a small increase of nearly $3 billion USD, from more than $254 billion USD total market capitalization 24 hours ago to more than $257 billion UDS total market capitalization at time of writing:

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Source

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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.

CryptocurrencyDominance
Bitcoin [BTC]41,00%
Ethereum [ETH]18,50%
Ripple [XRP]7,46%
Bitcoin Cash [BCH]5,11%
Litecoin [LTC]1,84%
IOTA [MIOTA]1,12%
NEO [NEO]0,87%
Dash [DASH]0,77%
Monero [XMR]0,73%
NEM [XEM]0,58%
Others22,03%

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Top 15 chart (measured by their Market Capitalization):

 
Despite the small increase we do see on the market today we are only able to see four green numbers with the best performing Cryptocurrency in our top 15 chart being Monero [XMR] with an increase of more than 2% over the course of the last 24 hours followed by Dash [DASH] showing an increase of nearly 1% today. Worst performing Cryptocurrency in our top 15 chart is EOS [EOS] with an decrease of nearly 5% today followed by Litecoin [LTC] showing an decrease of more than 4% today:

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Source

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Top Gainer Today (out of the Top 100):

 
Not a single double digit increase can be spotted in our top 100 chart, measured by their market capitalization. Best performing Cryptocurrency in our top 100 chart is Centrality [CENNZ] with an increase of more than 7% over the course of the last 24 hours shortly followed by Basic Attention Token [BAT] showing also an increase of more than 7% today:

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Source

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Top Loser Today (out of the Top 100):

 
Three double digit decreases can be spotted today in our top 100 chart being Game.com [GTC] with an decrease of more than 36%, Populous [PPT] with an decrease of nearly 13% today and Elastos [ELA] showing also an decrease of nearly 13% over the course of the last 24 hours:

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Source

 
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Disclaimer: I'm in no way a financial advisor. I just state my opinion! Never do investments because someone told you or in the fear of missing out! Take your time to research. Don't be sheep, develop critical thinking on your own!


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