Small Gain Today — A Market Analysis

in #cryptocurrency7 years ago

 
 

After yesterdays dip we have a small increase on the market today. Over the course of the last 24 hours the market spiked many times more than $10 billion USD followed by immediate downfalls.

 

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Total Market Capitalization:

 
After yesterdays loss of more than $11 billion USD total market capitalization we do see a small increase today. Looking at the graph we see many ups and downs today. In general the total market capitalization increased barely $2 billion USD today, from nearly $365 billion USD 24 hours ago to more than $367 billion USD at time of writing:

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Source

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Dominance (Percentage of Total Market Capitalization):

 
In resent days we can see Bitcoin [BTC] increasing its dominance once more:

CryptocurrencyDominance
Bitcoin [BTC]41,88%
Ethereum [ETH]18,25%
Ripple [XRP]8,32%
Bitcoin Cash [BCH1]4,92%
Litecoin [LTC]2,64%
NEO [NEO]1,47%
Monero [XMR]1,06%
Dash [DASH]1,04%
NEM [XEM]1,08%
IOTA [MIOTA]0,98%
Others18,38%

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Top 15 chart (measured by their Market Capitalization):

 
Despite the general increase of the market we see more red numbers than green numbers in our top 15 chart today. Only 5 increases with our best performing Cryptocurrency in our top 15 chart being with no doubt NEM [XEM] with an astonishing increase of more than 18% over the course of the last 24 hours followed by EOS [EOS] with an increase of barley 2% today. Worst performing one in our top 15 chart is once more Monero [XMR] today with an decline of 3,5% 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 is Binance Coin [BNB] today which skyrocket nearly 25 % today after Binance announced the launch of a public blockchain. Second best performing Cryptocurrency is Populous [PPT] today with an increase of nearly 20% over the course of the last 24 hours:

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Source

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Top Loser Today (out of the Top 100):

 
Worst performing Cryptocurrency today is Particl [PART] with an decline of more than 8% over the course of the last 24 hours followed by 0x [ZRX] with an decline of more than 6% today:

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Source

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Disclaimer: I'm in no way a financial advisor. I just state my opinion! Never do investments because someone told you or in the fear of missing out! Take your time to research. Don't be sheep, develop critical thinking on your own!


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