Market Overview.
Bitcoin falls losing more than 5% of its value led the Market to a $5.65Billion loss a 3.92% drop in value to close (GMT+9) at $138.47Billion, while volume traded was $9.125Billion a huge 51.45% increase from the previous day. High market volume and negative growth, we will see the effect of this in today's trading. A total of 856 cryptocurrencies, 215 Assets, and 5,189 market pairs were traded. Bitcoin's market dominance decreased to 45.5% of the total market cap.
TOP 10 BY MARKET CAP (BILLIONAIRE'S BOARD)
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
|---|---|---|---|
| 1 | BITCOIN BTC | 63.045 | -5.28 |
| 2 | ETHEREUM ETH | 28.656 | -5.14 |
| 3 | BITCOIN CASH | 11.415 | 1.16 |
| 4 | RIPPLE XRP | 6.744 | 12.27 |
| 5 | LITECOIN LTC | 2.424 | -0.12 |
| 6 | IOTA IOTA | 2.337 | -4.57 |
| 7 | NEM XEM | 2.180 | -8.29 |
| 8 | DASH DASH | 2.019 | -6.57 |
| 9 | NEO ANS | 1.659 | -6.85 |
| 10 | ETHEREUM CLASSIC ETC | 1.313 | -1.28 |
| - | TOTAL | 121.792 | -3.78 |
| - | OTHERS | 16.674 | -4.91 |
RIPPLE was our biggest gainer with a 12.27% growth and 749.47% growth in volume retain its spot, while LTC and IOTA swapped places with LTC moving up one spot to No.5. Bitcoin recorded a significant loss of 5.28% reducing dominance and control on market cap and volume. While on the reverse NEM recorded the biggest loss of 8.29% as the rest of the board retained their spots. The top Ten cryptos combined market cap dropped by 3.78% to close at $121.79Billion controlling 87.96% of the total market capitalization, while the remaining cryptos market cap declined by 4.91% to close at $16.67Billion.
TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 3,358.18 | 52.94 | BTC/JPY |
| 2 | ETHEREUM ETH | 2,178.97 | 72.68 | ETH/KRW |
| 3 | BITCOIN CASH BCH | 1,286 | 1.44 | BCH/KRW |
| 4 | RIPPLE XRP | 630.82 | 749.47 | XRP/KRW |
| 5 | MONERO XMR | 267.85 | 1,027.79 | XMR/BTC |
| 6 | TETHER USDT | 257.83 | 80.78 | BTC/USDT |
| 7 | LITECOIN LTC | 233.92 | 54.71 | LTC/CNY |
| 8 | ETHEREUM CLASSIC ETC | 133.70 | 139.48 | ETC/KRW |
| 9 | NEO ANS | 81.30 | 3.22 | NEO/BTC |
| 10 | BINANCE BNB | 63.24 | -20.75 | BNB/BTC |
| - | TOTAL | 8,491.81 | 56.74 | |
| - | OTHERS | 633.19 | -8.68 |
Let's welcome XMR (biggest gainer 1027.79%) and ETC to the board, they evicted OMG and DASH to claim spots No.5 and 8 respectively, while BNB recorded a negative growth of 20.75% in investors attention. Our dominant pairs show a 70% CRYPTO/FIAT pairing, while BTC/JPY dominated Bitcoin and KRW dominated 40% of the board. Combined volume was $8.49Billion a 56.74% rise, and an impressive 93.06% of total volume traded, while the remaining cryptos traded $633.19Million losing 8.68% of investors attention.
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NEWS
-A Bitcoin Law for Every State? Interest and Animosity Greet Model US Regulation-CoinDesk
-Bitcoin Cash Now Commands Over 20% of BTC’s Total Hashrate -Bitcoin.com
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HAVE A PROFITABLE INVESTING DAY!
SOURCE:CoinMarketCap
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