Market overview 2018 July 13

seeba (25)in #market • 8 years ago (edited)

Date: 2018 July 13

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At the time of writing, the bitcoin price is sitting on $6,260, representing a 1.02% in 24 hours of time, 3.56 Billion worth of BTC were exchange in multiple exchange, in multiple pairs. It is expected that the price of BTC still in around this area in addition, it is expected that the price of this king of coin are going to stay for few days.

Picture: Bitcoin price of July 13, (24 Hours trading chart)

Ethereum price, at the time of writing currently sitting at $438 USD representing the 1.32% gain in 24 hours, the total volume traded with in these time is $ 1.44 Billion in the multiple exchange in the multiple pairs.

Picture: Price of Ethereum with in 24 Hours (Source: Coinmarketcap)

Ripple have been very weak of the the coin, from the top three coin it’s lost a lots of attention as well as price compare to other competitor. Now ripple is sitting at $0.44 USD representing a 1.64% with in the 24 hours. Now at the moment, it has a 29.36 Billion of market cap with the $173.91 Million worth of Ripple were exchange in multiple exchange with multiple pairs. It is expected that price are going to consolidate around this price.

Picture: Price of Ripple of july 13 (Sources: Coinmarketcap)

Yesterday Road to the Financial Success Reported that Pump and Dump games in the Jiyo Coin, we warn investor and trader get out from it. Now, todays it is proved that this is the Game of Pump and Dump.

Today we see the market recover in the Crypto Space with EOS get a 6.35% gain within the 24 Hours of time. Other coin such as BCH, LTC and Stellar They are in Same direction at the moment, but it is advice that this is in still downtrend so that investor could add some around here but trader should consider their situation.

Picture: Top 12 Cryptocurrency change in July 13 (Source: Coinmarketcap)

Today, we saw all of the coin green it means their price increase by some percent.

Total Market cap are consolidation 245 Billion to 250 Billion during this 24 Hours, around the Quarter one of 2018, we saw the market cap around 800 Billion USD and now at the moment, the market cap went down to One fourth of this Market Cap.

Picture: Total Market Cap of Crypto World (Source: coinmarketcap)

Conclusion
Now, today's market show the sign of the recovery from yesterday loss, lots of negative news in the market, the price of coin pushes down. Bancor hack, My ether security breach and some other government rules might cause for this happen, but for the long term it is still favourable to add some step here.

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