Just Frustrating To Watch — A Market Analysis
Seems like we are still on the downtrend with the next day in the red.
Total Market Capitalization:
After starting the day with increasing pattern the market quickly started to shift midday continuing its downtrend up until now. Adding this up we do see an decrease of $4 billion USD on the market today, from more than $194 billion USD total market capitalization 24 hours ago to more than $190 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] | 57,00% |
| Ethereum [ETH] | 9,81% |
| Ripple [XRP] | 5,42% |
| Bitcoin Cash [BCH] | 3,99% |
| Litecoin [LTC] | 1,58% |
| Monero [XMR] | 0,89% |
| IOTA [MIOTA] | 0,80% |
| Dash [DASH] | 0,80% |
| NEO [NEO] | 0,60% |
| NEM [XEM] | 0,42% |
| Others | 18,70% |
Top 15 chart (measured by their Market Capitalization):
Reflecting the general decrease we are seeing on the market today we are only able to spot a single green number in our top 15 chart today being Stellar [XLM] increasing 0,42% over the course of the last 24 hours. Worst performing cryptocurrency in our top 15 chart today is Dash [DASH] decreasing nearly 8% shortly followed by Bitcoin Cash [BCH] showing an decrease of more than 6% today:
Top Gainer Today (out of the Top 100):
Only one double digit increase can be spotted in our top 100 chart, measured by their market capitalization, today being Emercoin [EMC] with an astonishing increase of more than 39% over the course of the last 24 hours followed by Tezos [XTZ] with an increase of nearly 7% today:
Top Loser Today (out of the Top 100):
Worst performing Cryptocurrency in our top 100 chart is Holo [HOT] today with an decrease of nearly 12% over the course of the last 24 hours shortly followed by DigixDAO [DGD] also showing an decrease of nearly 12%:
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Yes you are right. Seems like we are still in down trend.
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