And We Keep On Increasing — A Market Analysis
Third day in a row we see an increasing market, after the rather huge dip of more than $30 billion USD 3 days ago. Since the middle of April we see an nice increasing pattern on the market.
Total Market Capitalization:
Today we start in the day with an fast decrease of more than $10 billion USD total market capitalization. After hitting todays low of little more than $403 billion USD total market capitalization the market started to increase steady over the rest of the day. Adding that up the total market capitalization increased by more than $13 billion USD, from more than $317 billion USD total market capitalization 24 hours ago to more than $430 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] | 37,06% |
| Ethereum [ETH] | 15,80% |
| Ripple [XRP] | 7,97% |
| Bitcoin Cash [BCH1] | 5,58% |
| Litecoin [LTC] | 1,99% |
| IOTA [MIOTA] | 1,32% |
| NEO [NEO] | 1,16% |
| Monero [XMR] | 0,96% |
| Dash [DASH] | 0,93% |
| NEM [XEM] | 0,88% |
| Others | 26,35% |
Top 15 chart (measured by their Market Capitalization):
Not a single red number can be spotted in our top 15 chart today with the best performing Cryptocurrency being with no doubt Cardano [ADA] today with an astonishing increase of more than 17% over the course of the last 24 hours followed by EOS [EOS] with an increase of nearly 13% today:
Top Gainer Today (out of the Top 100):
Best performing Cryptocurrency in our top 100 chart, measured by their market capitalization, is Aeternity [AE] today with an astonishing increase of nearly 47% over the course of the last 24 hours followed by Ontology [ONT] with an increase of nearly 34% today:
Top Loser Today (out of the Top 100):
Today we see only 10 red numbers in our top 100 chart with no double digit decrease in it. Worst performing Cryptocurrency is Bitcoin Private [BTCP] today with an decrease of nearly 8% over the course of the last 24 hours followed by Veritaseum [VERI] with an decrease of nearly 7% today:
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very cool
Do not appreciate comments without even reading the post.
Thanks for sharing. Wonder what will happen longer term. I'm still in the mindset we'll keep pulling back. BUT, there's been enough good news lately that we might be reversing the FUD, especially with a market reverse after oversold conditions.
Completely agree! May will be an important indicator for the end of year movement in my opinion. We will see!