CRYPTO-DAILY THE MKT IN NUMBERS:MARKET SHAKES OFF BIP91 EXCITEMENT SETTLES FOR BUSINESS #0012
Market Overview.
As the BIP91 excitement dies down as reflected in our trading volume and market cap, the market should resume business today. The market lost 2.44% about $2.315B to close(GMT+1) at $92.479B, with a trading volume of $4.281B which dropped significantly by 25.55%. This indicates a slow down in buying pressure that resulted from market excitement and very little sell pressure. I think BTC will re-attempt its last high this weekend then maybe a correction next week or not. A total of 820 cryptocurrencies, 176 Assets, and 4,665 market pairs were traded. Bitcoin's market dominance decreased to 47.9% of the total market cap.
TOP 10 BY MARKET CAP
| RNK | COIN/ASSET | MARKET CAP (BILLION$) | %CHNG |
|---|---|---|---|
| 1 | BITCOIN BTC | 44.337 | -4.33 |
| 2 | ETHEREUM ETH | 20.603 | -0.92 |
| 3 | RIPPLE XRP | 7.091 | -4.01 |
| 4 | LITECOIN LTC | 2.402 | 3.16 |
| 5 | ETHEREUM CLASSIC ETC | 1.52 | 1.99 |
| 6 | DASH DASH | 1.393 | 1.38 |
| 7 | NEM XEM | 1.292 | -9.41 |
| 8 | IOTA IOTA | 0.751 | -5.09 |
| 9 | MONERO XMR | 0.605 | 2.02 |
| 10 | STRATIS STRAT | 0.602 | 17.69 |
| - | TOTAL | 80.597 | -2.94 |
We have a mixed board with some coins taking a shave, Nem XEM had the most shave of 9.41% and Stratis STRAT the biggest gainer (17.69%). For the 3rd time in 3 consecutive days, DASH swaps places with Nem XEM claiming again the No.6 spot (guys grow up!), while other coins on the board held on to their positions. The top Ten cryptos combined market cap declined by 2.94% to close at $80.597B controlling 87.15% of the total market capitalization a negligible decrease from previous day's 87.6%, while the remaining cryptos retain 12.85%.
TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHNG | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 1,741.778 | -16.02 | BTC/USD |
| 2 | ETHEREUM ETH | 1,115.049 | -99.28 | ETH/KRW |
| 3 | LITECOIN LTC | 322.089 | -1.08 | LTC/CNY |
| 4 | TETHER USDT | 195.016 | -32.86 | BTC/USDT |
| 5 | ETHEREUM CLASSIC ETC | 189.782 | 9.94 | ETC/CNY |
| 6 | RIPPLE XRP | 123.525 | -48.47 | XRP/KRW |
| 7 | BITSHARES BTS | 93.654 | 30.47 | BTS/CNY |
| 8 | EOS EOS | 61.63 | 26.11 | EOS/CNY |
| 9 | QTUM QTUM | 48.75 | 32.49 | QTUM/CNY |
| 10 | DASH DASH | 36.051 | -80.62 | DASH/KRW |
| - | TOTAL | 3,927.32 | -27.54 |
Qtum has shown a lot of resilience having the biggest growth in volume(32.49%) moved up one step to No.9 spot, Ethereum ETH had the biggest decline of 99.28% in volumes although this only scratched its market cap(noice elemination). Aha! Bitcoin BTC reclaims its throne unifying all titles as the king of crypto disposing Ethereum ETH to the No.2 spot, also Ethereum Classic ETC took the cue and reclaimed its No.5 spot swapping with Ripple XRP, while Bitshares BTS displaced DASH from the No.7 spot sending it all the way down to No.10, and EOS claimed the No.8 spot. Dominant market pairs unchanged still, confirms inflow of fiat although very reduced from the previous day. Our top 10's combined volume was $3.927B a 27.54% decline, an impressive 91.74% of total volume traded a decrease from the previous day's 94.26% leaving the remaining cryptos with 8.26% of investors attention a 2.52% increase.
TOP 5 EXCHANGE BY VOLUME
| RANK | EXCHANGE | 24HR VOL (MILLION$) | MOST TRADED PAIR |
|---|---|---|---|
| 1 | BITHUMB | 412.209 | ETH/KRW |
| 2 | POLONIEX | 406.589 | ETH/ BTC |
| 3 | BITFINEX | 313.337 | BTC/USD |
| 4 | BITMEX | 297.511 | BTC/USD |
| 5 | OK COIN | 255.949 | ETH/CNY |
We saw an decline in volumes across exchanges with Bithumb doing 42% less from previous day, Bitmex came in at No.4 and powered by BTC/USD pair a further prove of inflow of cash (Bitmex trades only BTC/USD).
TOP 5 BIGGEST GAINERS AND LOSERS
| RANK | COIN | %GAINED | COIN | % LOST |
|---|---|---|---|---|
| 1 | EDRCoin EDRC | +303.72 | FedoraCoin TIPS | -72.86 |
| 2 | Bitok BITOK | +154.82 | Coinonant CXT | -39.25 |
| 3 | ArcticCoin ARC | +68.24 | FuckToken FUCK | -36.99 |
| 4 | SecureCoin SRC | +39.54 | Linda LINDA | -35.27 |
| 5 | MaxCoin | +37.9 | Unify UNIFY | -29.86 |
My friend FuckToken recorded a 36.99% loss, I guess investors stopped giving a FUCK.
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| SkinCoin | SKIN |
| DAS | DAS |
| SmartCash | SMART |
| Primulon | PRIMU |
ICO
NONE LAUNCHED
NEWS
Understanding Bitcoin's Scaling Debate: Politics Comes First-CoinDesk
I hope this post helps your investment decisions. If you like it PLS don't forget to UPVOTE, RESTEEM and FOLLOW for MORE. THANK YOU FOR YOUR ENCOURAGEMENT.
HAVE A PROFITABLE INVESTING DAY!
SOURCE:CoinMarketCap
SEE PREVIOUS POST CRYPTO-DAILY THE MKT IN NUMBERS: BIP91 LOCKED IN AS MARKET RESPONDS WITH $14B GAIN #0011
😂😂😂😂@"investors stopped giving a fuck"