Market About to Recover
The market was quite slow today. No real major changes over the last 24 hours in our Top 15 chart except Bitcoin Cash (BCH) showed a astonishingly 30% increase today while gaining over $5 billion USD in market capitalization.
Despite the general slow market and increases and declines averaging at about +/- 2%, Monero (XMR) and Lisk (LSK) were able to make double digit increases today with Monero increasing nearly 11% and Lisk over 13%.
Top increases today:
In our top 5 increases out of the current top 100 measured by their market capitalization we see 2 already mentioned cryptocurrencies, Bitcoin Cash as #1 and Lisk as our #5. Our #2, DigixDAO (DGD) also did a great job over the last 24 hours by increasing little over 27%.
Top losers today:
The numbers on our top 5 losers out of the current top 100 doesn’t look that bad either. Our top loser over the last 24 hours was KIN with a decline of nearly 8% closely followed by NEM (XEM) with nearly 7% decline.
All in all we can see 43 declines and 57 increases today in our top 100 chart. It seems like the market is finally recovering and stabilizing itself after the recent bad press, news and rumors.
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