And We Are Back Decreasing — A Market Analysis
After the nice gain we saw in the last two days we are back decreasing today.
Total Market Capitalization:
After starting in the day with an small fast increase the market started to decrease fast only an hour later to then slowly but steady increase once more. After hitting its highest point today of more than $411 billion USD total market capitalization the market started to dip fast over the last couple of hours. Adding this up we do see an decrease of more than $17 billion USD today, from nearly $409 billion USD total market capitalization 24 hours ago to nearly $392 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] | 37,00% |
| Ethereum [ETH] | 18,09% |
| Ripple [XRP] | 7,08% |
| Bitcoin Cash [BCH] | 5,92% |
| Litecoin [LTC] | 2,02% |
| IOTA [MIOTA] | 1,38% |
| NEO [NEO] | 1,07% |
| Dash [DASH] | 0,87% |
| Monero [XMR] | 0,84% |
| NEM [XEM] | 0,77% |
| Others | 24,95% |
Top 15 chart (measured by their Market Capitalization):
Reflecting todays decreasing pattern we are only able to spot one green number in our top 15 chart being IOTA [MIOTA] with an increase of more than 1% over the course of the last 24 hours. Worst performing Cryptocurrency in our top 15 chart is NEM [XEM] today with an decrease of more than 9% today followed by EOS [EOS] with an decrease of nearly 8% today:
Top Gainer Today (out of the Top 100):
Only 14 green numbers can be spotted in our top 100 chart, measured by their market capitalization, and only one double digit increase today being Populous [PPT] today with an increase of more than 11% over the course of the last 24 hours followed by Aeternity [AE] with an increase of nearly 8% today:
Top Loser Today (out of the Top 100):
Worst performing Cryptocurrency in our top 100 chart is Kin [KIN] today with an decrease of more than 20% over the course of the last 24 hours followed by Polymath [POLY] showing an decrease of nearly 17% today:
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