Market Overview.
Bitcoin rally appears to be taking a breather as attention shifts to Altcoins, while the market prepares for inflow from the newly rebranded Chinese exchanges as they launch starting tomorrow Nov 1. The market traded flat gained a negligible $64Million a 0.03% rise to close (GMT+11) at $179.218Billion while volume traded was $3.229Billion a sharp drop of 48.37% from the previous day. A total of 1234 cryptocurrencies and 6285 market pairs were traded. Bitcoin's market dominance rose to 57.3% of the total market cap.
TOP 10 BY MARKET CAP
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
|---|---|---|---|
| 1 | BITCOIN BTC | 102.689 | 0.52 |
| 2 | ETHEREUM ETH | 29.487 | -0.14 |
| 3 | RIPPLE XRP | 7.839 | 0.11 |
| 4 | BITCOIN CASH | 7.509 | -6.30 |
| 5 | LITECOIN LTC | 3.022 | -1.34 |
| 6 | DASH DASH | 2.164 | -1.41 |
| 7 | NEO NEO | 1.879 | -1.52 |
| 8 | NEM XEM | 1.780 | -1.00 |
| 9 | BITCONNECT BCC | 1.683 | 0.54 |
| 10 | MONERO XMR | 1.357 | -1.74 |
| - | TOTAL | 159.409 | -0.09 |
| - | OTHERS | 19.809 | 1.01 |
BCC was our biggest gainer recording a marginal 0.54% growth with a 28.05% rise in volume, while BCH recorded the biggest loss of 6.30% a day to its Hard fork losing the No.3 spot to XRP. BTC rose marginally by 0.52% with 50% of total volume traded, and still trading above $6000, as all other coins retained their spots. The top Ten cryptos combined market cap dropped marginally by 0.09% to close at $159.409Billion controlling 88.95% of the total market capitalization, while the remaining cryptos market cap rose marginally by 1.01% to close at $19.809Billion.
TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 1,624.86 | -37.39 | BTC/USD |
| 2 | BITCOIN CASH BCH | 401.12 | -78.35 | BCH/KRW |
| 3 | ETHEREUM ETH | 302.97 | -49.18 | ETH/KRW |
| 4 | TETHER USDT | 158.81 | -37.06 | BTC/USDT |
| 5 | LITECOIN LTC | 85.33 | -52.02 | LTC/USD |
| 6 | ZCASH ZEC | 50.49 | 24.33 | ZEC/BTC |
| 7 | DASH DASH | 40.41 | -16.56 | DASH/BTC |
| 8 | RIPPLE XRP | 30.96 | -48.96 | XRP/KRW |
| 9 | NEO NEO | 29.18 | -11.95 | NEO/BTC |
| 10 | GROESTLCOIN GRS | 27.68 | 194.47 | GRS/BTC |
| TOTAL | 2,751.81 | -51.64 | ||
| OTHERS | 477.19 | -15.33 |
GRS with a 194.47% growth in volume returned to the board evicting ETC to claim spots No.10. While BCH recorded the biggest drop in volume of 78.35% still retained the No.2 spot above ETH. Our dominant pairs show a 60% CRYPTO/FIAT pairing, with a neutral effect on the market cap. Combined top 10 volume was $2.75Billion a 51.64% decrease, and an 85.22% of total volume traded, while the remaining cryptos traded $477Million a 15.33% decrease in investors attention.
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| Vulcano | VULC |
| Ellaism | ELLA |
| Etherparty | FUEL |
FRESH ICOs
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ANNOUNCEMENTS
-Stratis Masternode Alpha Release- STRATIS
-Binance's Contingency Plan for the Upcoming Hard Fork- BINANCE
-Qtum Community Updates — Week of October 23rd -30th – QTUM
NEWS
-Bitcoin Cash Developers Set Date for November Hard Fork-CoinDesk
-Bitcoin-Related Jobs Booming Along With Bitcoin -CoinTelrgraph
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HAVE A PROFITABLE INVESTING DAY!
SOURCE:CoinMarketCap
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