CRYPTO-DAILY THE NUMBERS: MARKET RECOVERS CROSSED THE $140BILLION MARK, NEW ALL-TIME HIGH IN SIGHT#0031
Market Overview.
The Market recovered from the previous day's dip to rise 5.48% gaining $7.37Billion to close (GMT+9) at $141.943Billion while volume traded was $4.730Billion a 15.23% drop from the previous day. The market's recovery shows the bulls are in charge despite a drop in volume, this indicates an ease of sell pressure. Can the Bulls sustain this growth, should we expect an all-time high soon?. A total of 851 cryptocurrencies, 212 Assets, and 5,109 market pairs were traded. Bitcoin's market dominance increased insignificantly by 0.3% to 50.4% of the total market cap.
TOP 10 BY MARKET CAP (BILLIONAIRE'S BOARD)
RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
---|---|---|---|
1 | BITCOIN BTC | 71.439 | 6.05 |
2 | ETHEREUM ETH | 28.694 | 6.10 |
3 | RIPPLE XRP | 6.108 | 3.04 |
4 | BITCOIN CASH | 4.911 | 1.15 |
5 | IOTA IOTA | 2.937 | 15.09 |
6 | LITECOIN LTC | 2.322 | 3.02 |
7 | NEM XEM | 2.304 | -1.75 |
8 | NEO ANS | 2.172 | -8.12 |
9 | DASH DASH | 1.839 | 20.43 |
10 | ETHEREUM CLASSIC ETC | 1.342 | 4.68 |
- | TOTAL | 124.068 | 5.58 |
- | OTHERS | 17.875 | 4.80 |
DASH was our biggest gainer with a 20.43% growth and 135% growth in volume still retained No.9 spot, while LTC and NEO swapped spots as LTC moved up two spots to No.6. Bitcoin gained 6.05% performing better than the market, also dominated controlling 50.4% and another 44.52% of total market volume. While on the reverse NEO recorded the biggest loss of 8.12% as the rest of the board retained their spots. The top Ten cryptos combined market cap rose by 5.58% to close at $124.06Billion controlling 87.41% of the total market capitalization, while the remaining cryptos market cap grew by 4.80% to close at $17.875Billion.
TOP 10 BY VOLUME TRADED
RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
---|---|---|---|---|
1 | BITCOIN BTC | 2,105.84 | -25.55 | BTC/USD |
2 | ETHEREUM ETH | 922.84 | -1.30 | ETH/KRW |
3 | OMISEGO | 205.23 | 97.95 | OMG/BTC |
4 | NEO ANS | 141.68 | -37.99 | NEO/BTC |
5 | TETHER USDT | 121.48 | -38.65 | BTC/USDT |
6 | LITECOIN LTC | 111.84 | -22.38 | LTC/CNY |
7 | BITCOIN CASH BCH | 101.92 | -15.92 | BCH/BTC |
8 | RIPPLE XRP | 86.45 | -13.26 | XRP/KRW |
9 | DASH DASH | 84.42 | 135.55 | DASH/BTC |
10 | ETHEREUM CLASSIC ETC | 64.81 | 80.33 | ETC/CNY |
- | TOTAL | 3,946.51 | -17.61 | |
- | OTHERS | 783.49 | -7.76 |
DASH our biggest gainer and ETC returned to the board evicting IOTA and QTUM to claim spots No.9 and 10 respectively, while OMG moved up four spots to No.3 spot sending NEO, USDT, LTC and BCH down one spot each to No.4, 5, 6 and 7 spots consecutively. Our dominant pairs show a 60% CRYPTO/FIAT pairing, while BTC/USD dominated Bitcoin as it recorded negative growth in volume. Combined volume was $3.946Billion a 17.61% drop, and an impressive 83.44% of total volume traded, while the remaining cryptos traded $783Million losing 7.76% of investors attention.
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NEWS
Block 494,784: Segwit2x Developers Set Date for Bitcoin Hard Fork-CoinDesk
How Can Users Securely Withdraw and Store Bitcoin Cash -CoinTelegraph
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SOURCE:CoinMarketCap
SEE PREVIOUS POST CRYPTO-DAILY THE NUMBERS: BITCOIN FALLS AS MARKET RECORDS $3.3BILLION LOSS#0030
BITSHARES WEEKLY THE NUMBERS AUG WK2#0028
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