CRYPTO-DAILY THE NUMBERS: MARKET LOST $12BILLION DUE TO UNCONFIRMED NEWS FROM CHINA#0051
Market Overview.
The market took a dive after comments from JP Morgan CEO Jamie Dimon and tweets from Litecoin founder Charlie Lee, where Jamie claimed Bitcoin is a fraud and Charlie tweeted claiming China had banned exchanges from unconfirmed but trusted source. The Market dropped a huge 8.04% losing $12.24Billion to close (GMT+9) at $139.952Billion while volume traded was $5.17Billion a 35.53% increase from the previous day. A total of 866 cryptocurrencies, 242 Assets, and 5,505 market pairs were traded. Bitcoin's market dominance increased to 47.6% of the total market cap.
TOP 10 BY MARKET CAP (BILLIONAIRE'S BOARD)
RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
---|---|---|---|
1 | BITCOIN BTC | 66.682 | -6.86 |
2 | ETHEREUM ETH | 26.846 | -8.78 |
3 | BITCOIN CASH | 8.263 | -10.39 |
4 | RIPPLE XRP | 7.860 | -6.47 |
5 | LITECOIN LTC | 3.341 | -9.37 |
6 | DASH DASH | 2.329 | -5.59 |
7 | NEM XEM | 2.169 | -8.21 |
8 | MONERO XMR | 1.612 | -6.98 |
9 | IOTA IOTA | 1.486 | -13.76 |
10 | ETHEREUM CLASSIC ETC | 1.359 | -7.17 |
- | TOTAL | 121.947 | -7.67 |
- | OTHERS | 18.006 | -10.48 |
The board is crimson red as no gain was recorded, while IOTA recorded the biggest loss of 13.76%. Bitcoin recorded a huge loss of 6.86% and traded below $4000, as all coins on the board retained their spots. The top Ten cryptos combined market cap declined by 7.67% to close at $121.95Billion controlling 87.13% of the total market capitalization, while the remaining cryptos market cap also declined by 10.48% to close at $18.006Billion.
TOP 10 BY VOLUME TRADED
RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
---|---|---|---|---|
1 | BITCOIN BTC | 2,013.48 | 31.97 | BTC/USD |
2 | ETHEREUM ETH | 834.39 | 51.10 | ETH/USD |
3 | LITECOIN LTC | 552.93 | 62.45 | LTC/CNY |
4 | BITCOIN CASH BCH | 313.59 | 40.83 | BCH/KRW |
5 | TETHER USDT | 214.20 | 105.86 | BTC/USDT |
6 | QTUM QTUM | 180.46 | 13.38 | QTUM/KRW |
7 | ETHEREUM CLASSIC ETC | 160.05 | 32.59 | ETC/CNY |
8 | RIPPLE XRP | 115.11 | 3.46 | XRP/KRW |
9 | OMISEGO OMG | 97.50 | 10.36 | OMG/BTC |
10 | BITSHARES BTS | 53.53 | 33.36 | BTS/CNY |
- | TOTAL | 4,535.24 | 38.85 | |
- | OTHERS | 633.76 | 15.71 |
The board is green due to selling volumes with negative impact on the market, BTS returned to the board evicting IOTA and claimed spot No.10. While USDT recorded the biggest gain of 105.86% as investors rushed to hedge their funds. Our dominant pairs show a high 90% CRYPTO/FIAT pairing with a negative effect indicating outflow of funds. Combined volume was $4.535Billion a 38.85% rise, and an 87.74% of total volume traded, while the remaining cryptos traded $633.76Million a 15.71% growth in investors attention.
NEW LISTINGS
COIN | SYMBOL |
---|---|
VIVO | VIVO |
Neblio | NEBL |
FRESH ICO's
bitJob will deploy blockchain technology in the global student community. Blockchain technology has the potential to disrupt & overcome all boundaries, but we all understand that smart education of consumers is necessary, in order for this to happen. Promoting the education needed to implement decentralization and freedom of choice begins today, through the next generation of the labor market. This ICO was launched 12/09/17 For more HERE
Blackmoon Crypto is a blockchain-based platform for tokenized investment vehicles. The Platform allows its users to create, promote, develop, and manage investment funds while covering all the aspects from technology and infrastructure, to legal compliance and corporate structuring. Blackmoon Crypto offers a vision for the standard for tokenized investment vehicles that will bridge the gap between the fiat and crypto universes. This ICO was launched 12/09/17 For more HERE
Cindicator creates the social and technological infrastructure needed to make effective decisions under the conditions of the high uncertainty of the new economy. By combining a large number of diverse financial analysts and a set of machine-learning models into a single system, we are developing a Hybrid Intelligence infrastructure for the efficient management of investors’ capital in traditional financial and crypto-markets. This ICO was launched 12/09/17 For more HERE
Anryze Distributed Network is a peer-to-peer distributed computing network for speech recognition and neural network education would allow users to transcribe audio files without reliance on a third party provider like Google or Amazon. The removal of central controls would mitigate most traditional data failures and provide the highest accuracy of a speech transcription due to neural networks education through distributed system. 12/09/17 For more HERE
Kik Interactive Inc. is creating a cryptocurrency as a first step to launching a decentralized ecosystem of digital services. The Kin cryptocurrency will first power a digital economy inside of Kik, and then will serve as the basis of interoperability with other digital services in the Kin Ecosystem. 12/09/17 For more HERE
DomRaider network is an open-source blockchain dedicated to the decentralization of auctions in real time. It will be transparent, reliable, adaptable and interoperable, without compromising on speed. The DomRaider network is not only aimed to register auctions and bids. It is the core of a complete new auctioning ecosystem aimed to provide an innovative solution for all worldwide auctioning players. Live auctioneers, escrow, appraisal experts, delivery services and online auctions providers will all be able to join the network, provide their services and add value to the blockchain. 12/09/17 For more HERE
NEWS
-Jamie Dimon: Bitcoin Is a 'Fraud'-CoinDesk
-Bitcoin Drops Below $4,000 as Market Turns Uncertain -CoinDesk
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SOURCE:CoinMarketCap
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