2018 July 15 Market Overview
Date: 2018 July 15
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Today 1:08 PM Sunday, 15 July 2018 UTC, At the time of writing, the bitcoin price is sitting at $ 6,363 USD representing a 1.5% gain with in 24 hours of time, the price of this coin is increase from $ 6,262 to $ 6,363 Within 1 day. The price of this coin is recovered and this is the recovery of the yesterday loss. Cryptomarkets are holding gains from yesterday’s declined, all the top ten cryptocurrencies seeing slight growth over the past 24 hours, according to the coinmarketcap.com.
The king of the Cryptocurrency, are still 42.9% market holder in the total cryptocurrency market. Because of bitcoin is the first cryptocurrency which was created on 2009 and this is well know as well as accepted almost all places where cryptocurrency are accepted. During this 24 Hours of time total of around 3 Billion worth of BTC were exchange in multiple exchange with multiple pair.
Picture: Bitcoin Price within 24 hours of time (Source: Coinmarketcap)
At the same time the second largest coin of the market, Ethereum soar to $447 USD from $435 USD, this representing the 2.5% gain in the last 24 hours of time. The smart contract cryptocurrency, which is get really popular in the 2017, now total market cap 7,072578 BTC holding with the 206,988 BTC of total volume during this 24 hours of time.
We can say that the Ethereum is very popular as well as strong coin to invest for long term, it has lots of room to grow so keep in mind that Ethereum is one of the promising coin in the market after Bitcoin, some of men says that Ethereum might over attack to Bitcoin, but at the moment we can only say that time will tell what will happen in the future.
Picture: Ethereum price during the 24 hours of time (Source: Coinmarketcap)
Third largest banking coin, Ripple (XRP) now sitting at $0.444413 USD with the gain of 1.64% during 24 hours of time. In the last year lots of Bank use a Ripple Banking Tools for make a banking system reliable, fast and secure. Ripple is the most gaining coin of the market on 2017. Ripple holding 29.36 Billion out of 253 Billion of Total Cryptocurrency Market. It is roughly 6.09% of total market cap.
Picture: Price of Ripple During the 24 hours of time.
Let’s talk about alternative coin, among top ten Cryptocurrency, Stellar found a Strong gainer during the 24 hours of time with 7.93% of Addining in his price, with sitting at $0.21 USD. Which has a market cap of $4.05 Billion.
Picture: Top ten cryptocurrency (Source Coinmarketcap)
At the moment total market capitalisation of All Cryptoworld are 253 Billion, the market capitalisation of those cryptocurrency consolidation 280 Billion to 250 Billion with in the Seven days of July, this last week.
Picture: The total Market Cap of Crypto World (Source: Coinmarketcap)
Conclusion
Lots of Regulation, news and some other cause the change in price of cryptocurrency, but now for the moment the Ethereum seems to be a strong coin of week, even after hack in bancor system.
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