Decreasing Once More — A Market Analysis
After the resent uptrend we saw on the market the last few days we can see a big decrease today of more than $20 billion USD.
Total Market Capitalization:
Today we started with not much movement into the day. After a small and slow decrease the market seemed to stabilize midday slowly increasing. About 10 hours ago the total market capitalization started to dip fast followed by a few up and downs adding up to an decrease of more than $20 billion USD total market capitalization, from nearly $469 billion USD total market capitalization 24 hours ago to nearly $449 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] | 36,14% |
| Ethereum [ETH] | 17,18% |
| Ripple [XRP] | 7,55% |
| Bitcoin Cash [BCH] | 6,49% |
| Litecoin [LTC] | 2,12% |
| IOTA [MIOTA] | 1,41% |
| NEO [NEO] | 1,18% |
| Dash [DASH] | 0,87% |
| Monero [XMR] | 0,84% |
| NEM [XEM] | 0,81% |
| Others | 25,39% |
Top 15 chart (measured by their Market Capitalization):
Following todays decreasing pattern we are only able to spot one green number in our top 15 chart today being Bitcoin Cash [BCH] with an increase of more than 2% over the course of the last 24 hours. Worst performing one in our top 15 chart is Cardano [ADA] today with an decrease of nearly 6% today followed by NEM [XEM] with an decrease of nearly 5% today:
Top Gainer Today (out of the Top 100):
Like in our top 15 chart green numbers are rare in our top 100 chart, measured by their market capitalization, today. Only nine green numbers can be spotted in our top 100 chart today with the best performing Cryptocurrency and the only double digit increase is All Sports [SOC] today with an increase of nearly 19% over the course of the last 24 hours followed by Ethereum Classic [ETC] showing an increase of nearly 7% today:
Top Loser Today (out of the Top 100):
Worst performing Cryptocurrency in our top 100 chart is Fusion [FSN] today with an decrease of nearly 13% over the course of the last 24 hours followed by Cortex [CTXC] with an decrease of nearly 12% today:
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