CRYPTO-DAILY THE NUMBERS: BITCOIN LEADS MARKET TO ALL TIME HIGH CROSSES $120BILLION CAP #0023

in #investing7 years ago

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Market Overview.
Bitcoin hits all-time high again trading above $3,400 leading the market to an all time high of $120Billion a 6.21% rise gaining $7.06Billion to close(GMT+9) at $120.765Billion while volume traded was $4.210Billion a 33.22% rise from the previous day. Coincidentally Bitcoin also rose by about 6.10% hmm. A total of 840 cryptocurrencies, 195 Assets, and 4,927 market pairs were traded. Bitcoin's market dominance decreased slightly to 47% of the total market cap.

TOP 10 BY MARKET CAP

RANKCOIN/ASSETMARKET CAP (BILLION$)%CHANGE
1BITCOIN BTC56.7766.10
2ETHEREUM ETH25.5323.55
3RIPPLE XRP6.9240.17
4BITCOIN CASH5.47134.29
5NEM XEM2.70013.78
6LITECOIN LTC2.4331.93
7DASH DASH1.4833.20
8ETHEREUM CLASSIC ETC1.4480.28
9IOTA IOTA1.37712.96
10NEO ANS0.9273.69
-TOTAL105.0716.23

Bitcoin Cash rebounding was our biggest gainer with a huge 34.29% with a corresponding 116.73% rise in trading volume retained its No.4 spot. XEM swapped spots with LTC to claim the No.5 spot, while DASH also deposed ETC to claim the No.7 spot by swapping spots. The rest of the board recorded growth and all coins retained their spots. The top Ten cryptos combined market cap rose by 6.23% to close at $105.071Billion controlling 87% of the total market capitalization, while the remaining cryptos retain 13%.

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TOP 10 BY VOLUME TRADED

RANKCOIN/ASSET24HR VOL (M$)%CHANGEDOM PAIR
1BITCOIN BTC1,660.3960.09BTC/USD
2ETHEREUM ETH887.15-13.79ETH/KRW
3BITCOIN CASH BCH344.94116.73BCH/BTC
4NEO ANS157.0658.47ANS/BTC
5LITECOIN LTC125.8218.83LTC/CNY
6TETHER USDT116.4626.52BTC/USDT
7QTUM QTUM92.0928.46QTUM/CNY
8EOS EOS81.19144.77EOS/CNY
9ETHEREUM CLASSIC ETC60.4028.18ETC/CNY
10BITSHARES BTS58.1718.79BTS/CNY
-TOTAL3,583.6730.52

EOS returned to the board with a 144.77% growth in volume it evicted XRP to settle on the No.8 spot. While ANS moved up one spot to No.4 swapping with LTC just as ETC and BTS did the same with ETC moving up one step to occupy the No.9 spot. Our dominant pairs show an 80% CRYPTO/FIAT pairing indicating an inflow of cash as reflected in the market cap. combined volume was $3.583Billion another massive 30.52% rise, and an impressive 85.1% of total volume traded leaving the remaining cryptos with a rising 14.9% of investors attention.

NEW LISTINGS

COINSYMBOL
CoinDashCDT
MinexMINEX

NEWS

SegWit's Likely Lock-In: What Today's Milestone Means for Bitcoin-CoinDesk

Here's How World Fiat Money Affects Bitcoin Price -CoinTelegraph

I hope this post helps your investment decisions. If you like it PLS don't forget to UPVOTE, RESTEEM and FOLLOW for MORE. THANK YOU FOR YOUR ENCOURAGEMENT.

HAVE A PROFITABLE INVESTING DAY!

SOURCE:CoinMarketCap
SEE PREVIOUS POST CRYPTO-WEEKLY THE NUMBERS: MARKET CROSSES $110BILLION CAP AS NEO DEBUTS ON TOP 10 ACHIEVING AN ATH #0021
BITSHARES WEEKLY THE NUMBERS #0022

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With ethereum still lagging behind its all time high, it is likely that it will shoot up over the next few months and pull the overall cap with it.

That will pull bitcoin to high heights and visa versa with ethereum, we could be in for a few months of this and highs of ~$5,000 and ~$900

I see the Overall cap testing the $150B mark probably before Nov.

Exciting times ahead :)

Yeah, time to make some money.

Exciting times to come :)

1st of August just proved that Bitcoin is bulletproof, not only didn't lose so much value but instead, it gained value and without the uncertainties of the fork, it will sky rocket to a much higher value, and also don't forget that Bitcoin Cash didn't made any dent, and also more value to us. ;)

Doesn't mean Bitcoin issues are over I try to be dispassionate, anyways let's wait till Nov.

Bitcoin issues are only standard, regular and evolutionary issues, and even with those problems Bitcoin prevailed. 1st August was a very awkward moment generating a considerably retract in value during more or less 1 month. Now, we will be in an optimistic phase for some time (2 to 3 months or even more than that).

Definitely worth an upvote and a resteem :]

Thank you am encouraged.

Yes it helps, I really want to invest more in Qtum.

What a fantastic time for cryptos

It is a great time, but not without some bumps.

Agreed.. volatility is there and will be there