Nice Increase Today — A Market Analysis
After the resent downtrend we saw lately we do see a nice increase on the market over the course of the last 24 hours. Also both, Steem [STEEM] (+24%) and Steem Dollar [SBD] (+46%) showing nice increases today.
Total Market Capitalization:
After a fast gain at the start of the day the market slowed a bit down but still increasing fast. The total market capitalization increased more than $18 billion USD today, from nearly $263 billion USD total market capitalization 24 hours ago to more than $281 billion USD total market capitalization at time of writing:
Dominance (Percentage of Total Market Capitalization):
In resent days we can see Bitcoin [BTC] increasing its dominance once more:
| Cryptocurrency | Dominance |
|---|---|
| Bitcoin [BTC] | 44,84% |
| Ethereum [ETH] | 14,54% |
| Ripple [XRP] | 7,61% |
| Bitcoin Cash [BCH1] | 4,29% |
| Litecoin [LTC] | 2,63% |
| NEO [NEO] | 1,23% |
| IOTA [MIOTA] | 1,09% |
| Monero [XMR] | 1,07% |
| Dash [DASH] | 0,96% |
| NEM [XEM] | 0,82% |
| Others | 20,91% |
Top 15 chart (measured by their Market Capitalization):
Reflecting the resent increasing pattern we only see two red numbers in our top 15 chart today. Worst performing Cryptocurrency in our top 15 today is Tether [USDT] with an decrease of 0,10% over the course of the last 24 hours. Best performing one in our top 15 chart today is NEM [XEM] with an increase of nearly 14% today followed by Litecoin [LTC] with an increase of nearly 13% today:
Top Gainer Today (out of the Top 100):
Checking the top 100 chart reveals some nice increases today with the best performing Cryptocurrency out of the top 100 chart, measured by their market capitalization, being Verge [XVG] with an astonishing increase of more than 47% over the course of the last 24 hours followed by Dragonchain [DRGN] with an increase of nearly 37% today:
Top Loser Today (out of the Top 100):
Only six red numbers in the top 100 chart with worst performing Cryptocurrency in our top 100 chart is once more Mithril [MITH] with an decrease of more than 11% over the course of the last 24 hours followed by Bytom [BTM] with an decrease of nearly 1% today:
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Enhorabuena, @elleok. Aunque si he aprendido algo leyendo tus post, es que no hay que cantar victoria. Sé que el mercado es inestable, pero todos estamos apostando a una tendencia al alza de las criptomonedas. Gracias por darnos esos números que nos mantienen informados.
I translated your comment on google.
Thanks for reading. Yeah I also do believe Cryptocurrencies in general will go up nicely at the end of the year when all this regulation fuzz finally cools down. Just to many bad news and spreaded rumors out their at the moment.