Nice Increase Today — A Market Analysis

in cryptocurrency •  6 years ago 

 
 

After the huge decrease of more than $80 billion USD we saw the last seven days the market finally turned and shows a nice increase of more than $20 billion USD today.

 
 
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Total Market Capitalization:

During the whole day the market shows an steady increasing pattern with two nice pumps in between, the first one earlier today with an fast increase of nearly $10 billion USD total market capitalization and the second one just a few hours ago a nice fast increase of more than $15 billion USD total market capitalization. Adding all this up we do see an increase of more than $20 billion USD, from nearly $269 billion USD total market capitalization 24 hours ago to nearly $289 billion USD total market capitalization at time of writing:

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Source

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Dominance (Percentage of Total Market Capitalization):

 
Following this dominance charts for the past several months it seems like Bitcoins dominance grows quite substantially in times the market isn’t doing great. On an increasing market like we see lately Bitcoins dominance seems to decrease while those of altcoins seem to rise.

CryptocurrencyDominance
Bitcoin [BTC]39,49%
Ethereum [ETH]17,98%
Ripple [XRP]7,60%
Bitcoin Cash [BCH]5,29%
Litecoin [LTC]1,99%
IOTA [MIOTA]1,23%
NEO [NEO]0,92%
Dash [DASH]0,75%
Monero [XMR]0,74%
NEM [XEM]0,64%
Others23,37%

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Top 15 chart (measured by their Market Capitalization):

 
Reflecting the general big increase we do see on the market today we are only able to spot one single red number in our top 15 chart being Tether [USDT] with an decrease of 0,24% over the course of the last 24 hours. Best performing Cryptocurrency in our top 15 chart is Monero [XMR] today with an increase of more than 14% shortly followed by EOS [EOS] showing an increase of nearly 14% today:

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Source

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Top Gainer Today (out of the Top 100):

 
Best performing Cryptocurrency in our top 100 chart, measured by their market capitalization, is Nuls [NULS] today with an astonishing increase of nearly 21% over the course of the last 24 hours followed by Enigma [ENG] with an increase of more than 20% today:

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Source

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Top Loser Today (out of the Top 100):

 
Red numbers are sure rare today in our top 100 chart with only three today being Mithril [MITH] with an decrease of 0,46% today, Tether [USDT] with an decrease of 0,24% today and last but not least WaykiChain [WICC] showing an decrease of 0,11% over the course of the last 24 hours:

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Source

 
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