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 $2.86Billion a 3.80% decrease from the previous day. A total of 1150 cryptocurrencies and 5,700 market pairs were traded. Bitcoin's market dominance grew marginally to 49.30% of the total market cap.
TOP 10 BY MARKET CAP
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
|---|---|---|---|
| 1 | BITCOIN BTC | 71.623 | -2.97 |
| 2 | ETHEREUM ETH | 27.925 | -2.21 |
| 3 | RIPPLE XRP | 7.668 | -1.30 |
| 4 | BITCOIN CASH | 6.793 | -2.37 |
| 5 | LITECOIN LTC | 2.767 | -4.95 |
| 6 | DASH DASH | 2.301 | -4.24 |
| 7 | NEM XEM | 2.037 | -5.52 |
| 8 | NEO NEO | 1.693 | -8.14 |
| 9 | IOTA IOTA | 1.513 | -10.90 |
| 10 | MONERO XMR | 1.354 | -2.94 |
| - | TOTAL | 125.674 | -3.73 |
| - | OTHERS | 19.463 | -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 $19.46Billion.
TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 1,324.52 | -1.46 | BTC/USD |
| 2 | ETHEREUM ETH | 315.69 | -2.33 | ETH/USD |
| 3 | BITCOIN CASH BCH | 192.98 | 11.07 | BCH/KRW |
| 4 | TETHER USDT | 132.74 | 21.07 | BTC/USDT |
| 5 | LITECOIN LTC | 94.45 | -1.16 | LTC/USD |
| 6 | NEO NEO | 88.98 | -9.46 | NEO/BTC |
| 7 | QTUM QTUM | 67.77 | -39.19 | QTUM/KRW |
| 8 | RIPPLE XRP | 60.38 | -14.98 | XRP/KRW |
| 9 | ZCASH ZEC | 40.93 | -6.08 | ZEC/KRW |
| 10 | OMISEGO OMG | 39.62 | 47.73 | OMG/BTC |
| - | TOTAL | 2.358.06 | -3.73 | |
| - | OTHERS | 504.94 | -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.
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| Infinity Economics | XIN |
| Voise | VOISE |
| Tezos | XTZ |
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NEWS
-Boston Fed VP: Blockchain Will Wake Up Swift and Other Middlemen-CoinDesk
-First Ever Bitcoin Documentary in China Released at Shape the Future Summit -CoinTelegraph
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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