The cryptocurrency market underwent a correction.

in #cryptocurrency7 years ago

As of Saturday, July 8, most of the cryptocurrency of the top 100 rating of Coinmarketcap are in the “red zone”. Over the past day has fallen in price like bitcoin, and completely all most liquid altcoins:

The daily trading volume of the cryptocurrency Ethereum already yield the same value of the first digital currency.

Currently, the total amount of market capitalization of crypto-currencies is $93.9 billion. the Index of dominance of bitcoin to 43.8%.

Recall the last time cryptocurrency Ethereum held the championship in daily trading volume and for a time its price was around $400.

Source http://forklog.com/rynok-kriptovalyut-podvergsya-korrektsii/

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Wondering how much of the dominance will BTC recover before it'll start falling again. My guess is it can do up to 50% before ETH or XRP (or something new) will start to eat it up again.

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