And Up Up We Go — A Market Analysis
Fifth day in a row now we are seeing an increasing cryptocurrency market.
Total Market Capitalization:
After starting in the day with an increase the market started to dip midday. After hitting its lowest point of nearly $262 billion USD total market capitalization the market started to increase once more up until now. Adding that up we do see an small increase of more than $2 billion USD, from more than $267 billion USD total market capitalization 24 hours ago to nearly $270 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] | 42,41% |
| Ethereum [ETH] | 17,76% |
| Ripple [XRP] | 6,93% |
| Bitcoin Cash [BCH] | 4,69% |
| Litecoin [LTC] | 1,77% |
| IOTA [MIOTA] | 1,10% |
| NEO [NEO] | 0,91% |
| Monero [XMR] | 0,81% |
| Dash [DASH] | 0,72% |
| NEM [XEM] | 0,64% |
| Others | 22,27% |
Top 15 chart (measured by their Market Capitalization):
Despite the small increase we see on the market today we are only able to spot five green numbers in our top 15 chart today with the best performing Cryptocurrency being Ethereum Classic [ETC] today with an increase of more than 7% followed by Stellar [XLM] showing an increase of nearly 2% over the course of the last 24 hours. Worst performing Cryptocurrency in our top 15 chart today is IOTA [MIOTA] with an decrease of more than 6% today shortly followed by NEO [NEO] showing an decrease of more than 5% today:
Top Gainer Today (out of the Top 100):
Best performing Cryptocurrency in our top 100 chart, measured by their market capitalization, is Loom Network [LOOM] today with an astonishing increase of more than 33% followed by Hshare [HSR] showing an increase of more than 15% over the course of the last 24 hours:
Top Loser Today (out of the Top 100):
Reflecting the increasing pattern we see on the market today we aren’t able to spot a single double digit decrease. The worst performing Cryptocurrency in our top 100 chart is Ethos [ETHOS] today with an decrease of more than 7% followed by Mirthil [MITH] decreasing nearly 7% over the course of the last 24 hours:
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