Crypto statistics and trends #15 – Green days again

After days and weeks of struggling, the crypto market took a breath again. It doesn’t mean, that it’s the full recovery, it can be another dead cat bounce as we experienced many times before.

Bitcoin

Bitcoin price rose from $ 3280 to $ 3590, what is a nice 9 % movement up. From this moment, the price looks to fall again, presently its around $ 3490. So, no need to be so optimistic.

From a fundamental point of view, we are having a good time. Lightning network is improving each and every day, OTC markets recorded significant buy actions, which is obvious from some of the new bitcoin addresses with tons of Bitcoin. For this check a Twitter account called Whale_alert.

The dominance of Bitcoin is 54,4 %, no significant change there. Total market capitalization is $ 112 billion.

Altcoins

When Bitcoin moves up, some altcoins moves even higher. That is obvious from CoinMarketCap.

The biggest gainers from TOP 100 altcoins are EOS with almost 22 % rise, DigiByte with 20 % rise and Onthology and Dogecoin both with 16 % rise.

We have no loser today, the only coin with some down movement is Revain with 4,33 % drop.

But if you look at the crypto market in 7-day cycle, biggest moves were for Waves with + 66 % and TenX with + 65 %. EOS moved up by 27 % and Litecoin 16,7 %. On the other hand, WAX dropped by 38 % last week!

What do you think, could we expect some more growth or its just another dead cat bounce?

Disclaimer: This article is just informational. It’s not a financial advice. Before investing in cryptocurrencies, do your own research. The market is quite new, very volatile and speculative!