Tiny Increase Today — A Market Analysis

in #cryptocurrency6 years ago

 
 
 

After the last three days of an decreasing market it seems like the market slowed down today and we are seeing an tiny increase of barley over $100 million USD.

 
 
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Total Market Capitalization:

 
After starting in the day with an slow increase the market started to decrease to its lowest point today of nearly $416 billion USD total market capitalization midday. After reaching this low the market started to increase slowly but steady once more. Adding this up we can see an increase of barely more than $100 million USD today, from nearly than $435,1 billion USD total market capitalization 24 hours ago to $435,2 billion USD total market capitalization at time of writing:

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Source

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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.

CryptocurrencyDominance
Bitcoin [BTC]36,43%
Ethereum [ETH]17,19%
Ripple [XRP]7,27%
Bitcoin Cash [BCH]6,48%
Litecoin [LTC]2,05%
IOTA [MIOTA]1,47%
NEO [NEO]1,14%
Monero [XMR]0,84%
Dash [DASH]0,82%
NEM [XEM]0,79%
Others25,51%

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Top 15 chart (measured by their Market Capitalization):

 
Despite the small increase we do see on the market today we are only able to spot 4 green numbers in our top 15 chart with the best performing Cryptocurrency in it being Bitcoin Cash [BCH] today with an increase of nearly 3% over the course of the last 24 hours followed by Monero [XMR] barely increasing 1% today. Worst performing one in our top 15 chart is IOTA [MIOTA] today with an decrease of nearly 5% today followed by TRON [TRX] nearly decreasing 3% 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, measured by their market capitalization, is Pundi X [NPXS] today with an increase of nearly 40% over the course of the last 24 hours followed by Zilliqa [ZIL] with an increase of nearly 24% today:

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Source

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Top Loser Today (out of the Top 100):

 
Not a single double digit decrease can be spotted in our top 100 chart today with the worst performing Cryptocurrency in it being once more Holo [HOT] today with an decrease of more than 7% over the course of the last 24 hours followed by Mixin [XIN] showing an decrease of more than 6% today:

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Source

 
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