Today I'm continuing this series, hoping people will read, engage, respond, help each other etc - I will do this a couple times a week so people see it is a regular series and place they can always come and refer to the resource.
The markets have been bleeding RED for a lot of the last 30 days!
Recovery Mode big time this week!!
Are you buying or selling or holding? What will the next day or 3 bring..... or the next week?????
It's definitely been a rough ride again lately- but recovering well the last few days!!!
6 Days ago when I did my last update on this we were still depressed but slow recovery at $74B market cap and now we are at $96B today, (was $97B last nite)
That means we have gained ~$22 / $23B market cap in 6 days.
That is very nearly $4B/day gained.
We had lost ~ $55B of the total market cap --- it was up to ~$117B about ~30 D ago and it dumped way down below $70B for weeks now around the dumpening of the Ethereum "flash crash" that one day.
It has been a fight!! But we love our Crypto!!!
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We have been been hovering around a depressed $90-94B Market Cap MOST of the last month.....
About 6-9 days ago, a new huge low was the lowest since the first week of June - 5 weeks ago after months of sustained upward growth and news.
We have had a few dumpenings down to this range: The lowest point was last week -- July 16th actually:
--- July 16th at 12:45 UST/ 44:45 EST when it hit that new month low of almost $61B:
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You can see the last 1 month of that proof here in this chart I had shared in my last update a week ago, on those loweest of lows:
Markets/ Recent History Overview TLDR: Now Rebounding in HUGE fashion:
7 Day Chart:
Consider Resteeming this post to get others involved.
Continuing onwards here as usual for charts, overview, thoughts and ....
COMMUNITY ENGAGEMENT!!!
Another epic week in the Crypto Markets people!!
Today's Crypto Currency Market Overview stats via CMC.com (CoinMarketCap.com)
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When market volatility/dumps happens, money flows back into Bitcoin in most cases, it is the same as usual here with another rise in BTC Dominance: 47.1% -- it has been on the rise the last few days as such. It has stayed high, in the 45+ % range now for a full week!
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821 Currencies / 176 Assets / 4674 Markets
Market Cap: $96,163,718,982 / 24h Vol: $3,335,055,104 / BTC Dominance: 47.1%
ETH and BTC - By the Numbers:
Note the numbers:
-- Over a week ago give or take..... in the bloodbath, was the first time in months that BTC and ETH -- were literally distanced by a market cap of 2-1. ETH Market Cap was worth $20B that day after all the drops..... to BTC's $40B.ETH Market Cap was HALF of Bitcoins's again for the 1st time in months after ETH had closed the gap to about $6B at one point not long ago!!
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Now today, days later.... ETH has once again lost ground closing that gap, btw. the top 2 currencies:
ETH Market Cap -- $21,306,281,242
BTC Market Cap -- $45,322,303,707
as at: 5:45 pm EST 7-23-2017
= $24B difference btw. the 2: -- That is an increase in about $5B difference from my last update 6D ago.
---- it was just a few weeks ago like I said above, ETH had closed that gap, to about ~$6B after a ridiculous run up that was epic, and perhaps unsustainable, as many were saying, before the crash losing that $61B in Market Cap for Crypto: (Which = HALF the Market Cap vanished)
RECOVERY!
All the numbers are right here in the CoinMarketCap charts commonly referred to daily in the Crypto Sphere:
Sorted by Market Cap. rate and showing the Top 20 coins:
CoinMarketCap Top % Gains last 24 hours!
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Much of the market is beyond recovered today, bigtime, from bleeding red from the last few days, and weeks of sustained volatility: It is a sea of huge gains and green!
" " " Top % Losses / Least Gains for the last 24 hrs ! :
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Did you notice that out of all the coins, the run that:
Stratis LiteCoin and Eth. Classic have both been on again lately??
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-- 1 month charts show all coins staying nearly sideways in trading -- not a lot of up or down, except for STRAT... meaning they are showing signs of stability and storage of value!!!
LiteCoin is the more stable of the 2 in that regard- 1 month charts showing this, and Eth. Classic is right near the top, of the coins showing some of the BIGGEST gains/ LEAST LOSSES in the last day.
Stratis has honestly shown the most volatility of the 3. But like others is proving itself very resilient!!
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I am really enjoying doing this series long term, seeing the feedback and questions. I love it (:
COMMUNITY ENGAGEMENT!!!
There are a lot of good people on here who know what they are doing and we can build a solid resource here a couple times a week with all the community and you can check in here on my page a couple times a week and see the latest.
People can ask questions, share their wisdom and failures, and my hope is simple really :
Thanks for reading, have a nice day.
If you liked this blog post - please Resteem it and share good content with others!
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Some of my recent blogs:
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Images: Gif's - via Giphy.com , Funny or Die.com / Pixabay.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
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Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
