CRYPTO-DAILY THE NUMBERS: MARKET DIPS SHAVES $5BILLION IN 24HRS#0064

in #investing7 years ago (edited)

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Market Overview.

The market has recorded consistently low trading volumes in the past 3 days, so not surprising it took a dip. The market lost $5.00Billion a 3.33% drop to close (GMT+9) at $145.137Billion while volume traded was $2.86Billion a 3.80% decrease from the previous day. A total of 1150 cryptocurrencies and 5,700 market pairs were traded. Bitcoin's market dominance grew marginally to 49.30% of the total market cap.

TOP 10 BY MARKET CAP

RANKCOIN/ASSETMARKET CAP (BILLION$)%CHANGE
1BITCOIN BTC71.623-2.97
2ETHEREUM ETH27.925-2.21
3RIPPLE XRP7.668-1.30
4BITCOIN CASH6.793-2.37
5LITECOIN LTC2.767-4.95
6DASH DASH2.301-4.24
7NEM XEM2.037-5.52
8NEO NEO1.693-8.14
9IOTA IOTA1.513-10.90
10MONERO XMR1.354-2.94
-TOTAL125.674-3.73
-OTHERS19.463-5.65

All coins on the board recorded loss an all red affair, IOTA was the worst hit recording a 10.90% loss while XRP was least hit recording a 1.30% loss. Bitcoin recorded a 2.97% loss and traded as low as $4258, all coins retained their spots. The top Ten cryptos combined market cap dropped by 3.73% to close at $125.67Billion controlling 86.59% of the total market capitalization, while the remaining cryptos market cap also dropped by 5.65% to close at $19.46Billion.

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TOP 10 BY VOLUME TRADED

RANKCOIN/ASSET24HR VOL (M$)%CHANGEDOM PAIR
1BITCOIN BTC1,324.52-1.46BTC/USD
2ETHEREUM ETH315.69-2.33ETH/USD
3BITCOIN CASH BCH192.9811.07BCH/KRW
4TETHER USDT132.7421.07BTC/USDT
5LITECOIN LTC94.45-1.16LTC/USD
6NEO NEO88.98-9.46NEO/BTC
7QTUM QTUM67.77-39.19QTUM/KRW
8RIPPLE XRP60.38-14.98XRP/KRW
9ZCASH ZEC40.93-6.08ZEC/KRW
10OMISEGO OMG39.6247.73OMG/BTC
-TOTAL2.358.06-3.73
-OTHERS504.94-4.11

OMG recorded the biggest volume growth of 47.73% returned to the board by evicting ADA settled on spot No.9, while QTUM recorded the biggest loss of 39.19% of investors attention dropped from No.4 to No.7 spot. Our dominant pairs show an 80% CRYPTO/FIAT pairing with a negative effect on the market cap indicating outflow of funds. Combined volume was $2.35Billion a 3.73% decrease, and an 82.36% of total volume traded, while the remaining cryptos traded $504.94Million a 4.11% decrease in investors attention.

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I hope this post helps your investment decisions. If you like it PLS don't forget to UPVOTE, RESTEEM and FOLLOW for MORE. THANK YOU FOR YOUR ENCOURAGEMENT.

HAVE A PROFITABLE INVESTING DAY!

SOURCE:CoinMarketCap
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