Another Big Increase — A Market Analysis
And again we do see the market skyrocketing today with an increase of more than $23 billion USD total market capitalization only in the last 24 hours.
Total Market Capitalization:
After starting in the day with a fairly fast and good gain the total market capitalization dropped over $10 billion USD about 18 hours followed by an fast increase of more than $8 billion USD total market capitalization. Since then the market slowed down but still increasing slowly but stead. All in all the total market capitalization increased more than $23 billion USD from more than $355 billion USD total market capitalization 24 hours ago to more than $378 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] | 38,24% |
| Ethereum [ETH] | 15,49% |
| Ripple [XRP] | 9,01% |
| Bitcoin Cash [BCH1] | 5,09% |
| Litecoin [LTC] | 2,27% |
| IOTA [MIOTA] | 1,44% |
| NEO [NEO] | 1,33% |
| Monero [XMR] | 1,08% |
| Dash [DASH] | 0,95% |
| NEM [XEM] | 0,94% |
| Others | 24,18% |
Top 15 chart (measured by their Market Capitalization):
Reflecting the general big increase red is again a rare color in our top 15 chart. Only one decrease can be spotted in it today being Tether [USDT] with an decrease of 0,03% over the course of the last 24 hours. On the other side we do see four double digit increases in our top 15 chart today with the best cryptocurrency being with no doubt Ripple [XRP] today with an increase of more than 20% today shortly followed by EOS [EOS] with an increase of nearly 19% today:
Top Gainer Today (out of the Top 100):
Best performing Cryptocurrency in our top 100 chart, measured bei their market capitalization, is Dentacoin [DCN] today with an increase of more than 25% over the course of the last 24 hours followed by RChain [RHOC] with an increase of nearly 22% today:
Top Loser Today (out of the Top 100):
Despite the big increase today we do see 12 red numbers in our top 100 chart with the worst performing cryptocurrency, and the only double digit decrease, being WAX [WAX] today with an decrease of more than 11% over the course of the last 24 hours followed by Ontology [ONT] with an decrease of more than 5% today:
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