CRYPTO-DAILY THE NUMBERS: BITCOIN LEADS MARKET TO A $9.5BILLION GAIN AS RIPPLE BECOMES 3RD MOST VALUABLE CRYPTO#0061

in #investing7 years ago

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Market Overview.

The market lead by Bitcoin spiked yesterday recording a 6.90% growth, more than double its best performance this week. The market gained $9.478Billion to close (GMT+9) at $146.805Billion while volume traded was $4.601Billion a huge 73.62% increase from the previous day. A total of 1130 cryptocurrencies and 5,569 market pairs were traded. Bitcoin's market dominance grew marginally to 48.00% of the total market cap.

TOP 10 BY MARKET CAP

RANKCOIN/ASSETMARKET CAP (BILLION$)%CHANGE
1BITCOIN BTC70.4227.75
2ETHEREUM ETH28.9535.53
3RIPPLE XRP7.7076.19
4BITCOIN CASH7.6213.45
5LITECOIN LTC2.9856.91
6DASH DASH2.6151.59
7NEM XEM2.1863.10
8MONERO XMR1.5145.58
9IOTA IOTA1.5124.85
10NEO NEO1.4932.33
-TOTAL127.0086.55
-OTHERS19.7989.19

The board is lush green for the first time this week, BTC was our biggest gainer recording a huge 7.75% growth and a volume growth of 71.36% also traded above $4,200. Let's congratulate XRP becoming once again 3rd most valuable crypto, swapped places with BCH. Also, NEO lost the No.8 spot to XMR dropping to No.10, while others retained their spots. The top Ten cryptos combined market cap rose by 6.55% to close at $127Billion controlling 86.51% of the total market capitalization, while the remaining cryptos market cap also rose by 9.19% to close at $19.79Billion outperforming the market yet again.

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TOP 10 BY VOLUME TRADED

RANKCOIN/ASSET24HR VOL (M$)%CHANGEDOM PAIR
1BITCOIN BTC1,890.5771.36BTC/USD
2ETHEREUM ETH619.6190.751ETH/KRW
3RIPPLE XRP264.12228.83XRP/KRW
4LITECOIN LTC246.7741.21LTC/KRW
5TETHER USDT229.00112.57BTC/USDT
6BITCOIN CASH BCH222.1960.26BCH/KRW
7ZCASH ZEC203.13150.01ZEC/BTC
8NEO NEO152.8994.62NEO/BTC
9ETHEREUM CLASSIC ETC144.6241.55ETC/KRW
10QTUM QTUM68.7442.11QTUM/KRW
-TOTAL4,041.6480.44
-OTHERS559.3636.40

All coins on the board grew their volumes impressively, XRP recorded the biggest volume growth of 228.83% claiming the No.3 spot from LTC. Our dominant pairs show an 80% CRYPTO/FIAT pairing with a positive effect on the market cap indicating inflow of funds. Combined volume was $4.04Billion an 80.44% increase, and an 87.84% of total volume traded, while the remaining cryptos traded $559Million a 36.40% increase in investors attention.

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NEWS

-Morgan Stanley CEO: Bitcoin Is 'More Than Just A Fad'-CoinDesk

-In Bitcoin Testbed Venezuela, 1 Bolivar Now Equals 1 Satoshi -CoinTelegraph

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
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Thanks for the update man. :)

You are welcome Tony

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