Market overview 2018 July 18
Date: 2018 July 18
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At the time of writing, the bitcoin price is sitting at $ 7,425 USD representing a 10% gain in the past 24 hours. The bitcoin price is soar to $ 7,300 USD from $ 6,700 USD within a hours of time. It is considered a High gain in the market. The positive news in the market lead increase a price of almost all crypto asset in the World of Crypto.
Picture: Bitcoin price of 24 hours with multiple website with multiple pairs(Source: Coinmarketcap)
BTC hold a total market cap roughly 43%, in the market, which is around $ 126.94 Billion, this market cap of $ 294 Billion.
Ethereum the smart contract coin, second largest coin, at the time of writing the price of coin is sitting at $ 499 USD, which is the 5.43% gain in last 24 Hours of time. The total market capitalization are sitting at $ 50 Billion and 24 Hours of Volume is 2 Billion which is equivalent of 333,955 BTC which were exchange in Multiple Website with multiple pair.
Picture: Ethereum price during the last 24 hours of time (Source: Coinmarketcap)
XRP (Ripple), coin of the bank, sitting at 51 cent USD, which represent a gain roughly around 8% in the past 24 hours. The third largest coin, which market capitalization are 2, 705, 194 BTC which is equivalent to 20 Billion USD, total maximum supply of Ripple around found 100 Billion XRP.
Picture: Price of Ripple on the last 24 hours of time (Source: Coinmarketcap)
Alternative coin, Bitcoin cash added a 9.13%, and went to $836 USD, Fifth coin EOS added roughly 11%, reach to $8.8 USD but in fact Stellar Lumens and Cardana is most storing coin among the top 12 Coin by market cap. They’ve added a 21.93% and 16.36% Simultaneously then reach a price of them to 28 Cents and 17 Cents.
Picture: Top 10 Coin of the market, on 2018 July 18
Bitcoin is still king of the market, which hold a 43% of Total market capitalization dominance, Ethereum which hold a 17.27% dominance, Bitcoin Cash only hold a 5% of Dominance in the market. Litcoin, competitor of Bitcoin which hold only 1.76% of total market cap in the cryptocurrency world. Ripple third largest coin of the market, which hold a 6.87% of total market capitalization. The different between Ripple and Bitcoin cash found only around 1.87%.
Picture: Percentage of Total market Capitalization (Dominance) in the Crypotworld.
Total market cap are found 293 Billion, at the time of writing this overview, but after take out the Bitcoin from the market, the total market cap of all altcoin are reach at Around 167 Billion.
Picture: Total market capitalization with Bitcoin (Source: Coinmarketcap)
Picture: Total market cap of Cryptoworld without Bitcoin Dominance (Source: Coinmarketcap)
In the crypt world today top gainer are JIYO which mange a 363% increase with sitting at $0.1936 USD and United Traders Token also added a 80.79% with now sitting at $ 0.71 USD. Other Alternative coin such as Russian miner Coin, DecentBet, Ardor (Rank 54) added a around 50%, because of Binance are going to add a Ardor on Their Platform for trading.
Picture: Top Gainer in the Cryptomarket (Source: Coinmarketcap)
Top wiper of market are Cashcoin which lost 40 %, as well as Super Bitcoin lose 23.66% in the market.
Conclusion
At the moment, the news pushes the Cryptocurrency price little bit higher, before buy them it is essential to conform everything, technical analysis and fundamental analysis as well. It seem that the Cryptocurrency market are in uptrend, but till will tell. Stay tune for technical analysis it will come out in road to financial success after 1 or 2 days.
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