Another Decrease Today — A Market Analysis
After the tiny increase of little more than $100 million USD yesterday we do see an decreasing market once more today.
Total Market Capitalization:
After starting in the day with an slow but steady increase to its high of little more than $440 billion USD total market capitalization the market did a huge dip of more than $15 billion USD in the last couple of hours. Adding this up we do see an decrease of more than $11 billion USD, from nearly $436 billion USD total market capitalization 24 hours ago to more than $425 billion USD total market capitalization at time of writing:
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.
| Cryptocurrency | Dominance |
|---|---|
| Bitcoin [BTC] | 36,50% |
| Ethereum [ETH] | 17,27% |
| Ripple [XRP] | 7,17% |
| Bitcoin Cash [BCH] | 6,29% |
| Litecoin [LTC] | 2,02% |
| IOTA [MIOTA] | 1,42% |
| NEO [NEO] | 1,09% |
| Monero [XMR] | 0,83% |
| Dash [DASH] | 0,82% |
| NEM [XEM] | 0,77% |
| Others | 25,82% |
Top 15 chart (measured by their Market Capitalization):
Reflecting the rather big decrease today we aren’t able to spot a single green number in our top 15 chart today. The worst performing Cryptocurrency in it is TRON [TRX] today with an decrease of more than 9% over the course of the last 24 hours followed by Cardano [ADA] decreasing nearly 9% today:
Top Gainer Today (out of the Top 100):
Only 12 green numbers in our top 100 chart, measured by their market capitalization, and only two double digit increases in it being Dentacoin [DCN with an increase of more than 20% over the course of the last 24 hours followed by Huobi Token [HT] with an increase of more than 12% today:
Top Loser Today (out of the Top 100):
Worst performing Cryptocurrency in our top 100 chart is Nexo [NEXO] today with an decrease of nearly 19% over the course of the last 24 hours followed by Matrix Al Network [MAN] with an decrease of nearly 18% today:
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Very good content!