Market Overview.
Bitcoin hits all-time high again trading above $3,400 leading the market to an all time high of $120Billion a 6.21% rise gaining $7.06Billion to close(GMT+9) at $120.765Billion while volume traded was $4.210Billion a 33.22% rise from the previous day. Coincidentally Bitcoin also rose by about 6.10% hmm. A total of 840 cryptocurrencies, 195 Assets, and 4,927 market pairs were traded. Bitcoin's market dominance decreased slightly to 47% of the total market cap.
TOP 10 BY MARKET CAP
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
|---|---|---|---|
| 1 | BITCOIN BTC | 56.776 | 6.10 |
| 2 | ETHEREUM ETH | 25.532 | 3.55 |
| 3 | RIPPLE XRP | 6.924 | 0.17 |
| 4 | BITCOIN CASH | 5.471 | 34.29 |
| 5 | NEM XEM | 2.700 | 13.78 |
| 6 | LITECOIN LTC | 2.433 | 1.93 |
| 7 | DASH DASH | 1.483 | 3.20 |
| 8 | ETHEREUM CLASSIC ETC | 1.448 | 0.28 |
| 9 | IOTA IOTA | 1.377 | 12.96 |
| 10 | NEO ANS | 0.927 | 3.69 |
| - | TOTAL | 105.071 | 6.23 |
Bitcoin Cash rebounding was our biggest gainer with a huge 34.29% with a corresponding 116.73% rise in trading volume retained its No.4 spot. XEM swapped spots with LTC to claim the No.5 spot, while DASH also deposed ETC to claim the No.7 spot by swapping spots. The rest of the board recorded growth and all coins retained their spots. The top Ten cryptos combined market cap rose by 6.23% to close at $105.071Billion controlling 87% of the total market capitalization, while the remaining cryptos retain 13%.
TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 1,660.39 | 60.09 | BTC/USD |
| 2 | ETHEREUM ETH | 887.15 | -13.79 | ETH/KRW |
| 3 | BITCOIN CASH BCH | 344.94 | 116.73 | BCH/BTC |
| 4 | NEO ANS | 157.06 | 58.47 | ANS/BTC |
| 5 | LITECOIN LTC | 125.82 | 18.83 | LTC/CNY |
| 6 | TETHER USDT | 116.46 | 26.52 | BTC/USDT |
| 7 | QTUM QTUM | 92.09 | 28.46 | QTUM/CNY |
| 8 | EOS EOS | 81.19 | 144.77 | EOS/CNY |
| 9 | ETHEREUM CLASSIC ETC | 60.40 | 28.18 | ETC/CNY |
| 10 | BITSHARES BTS | 58.17 | 18.79 | BTS/CNY |
| - | TOTAL | 3,583.67 | 30.52 |
EOS returned to the board with a 144.77% growth in volume it evicted XRP to settle on the No.8 spot. While ANS moved up one spot to No.4 swapping with LTC just as ETC and BTS did the same with ETC moving up one step to occupy the No.9 spot. Our dominant pairs show an 80% CRYPTO/FIAT pairing indicating an inflow of cash as reflected in the market cap. combined volume was $3.583Billion another massive 30.52% rise, and an impressive 85.1% of total volume traded leaving the remaining cryptos with a rising 14.9% of investors attention.
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| CoinDash | CDT |
| Minex | MINEX |
NEWS
SegWit's Likely Lock-In: What Today's Milestone Means for Bitcoin-CoinDesk
Here's How World Fiat Money Affects Bitcoin Price -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
SEE PREVIOUS POST CRYPTO-WEEKLY THE NUMBERS: MARKET CROSSES $110BILLION CAP AS NEO DEBUTS ON TOP 10 ACHIEVING AN ATH #0021
BITSHARES WEEKLY THE NUMBERS #0022
With ethereum still lagging behind its all time high, it is likely that it will shoot up over the next few months and pull the overall cap with it.
That will pull bitcoin to high heights and visa versa with ethereum, we could be in for a few months of this and highs of ~$5,000 and ~$900
I see the Overall cap testing the $150B mark probably before Nov.
Exciting times ahead :)
Yeah, time to make some money.
Exciting times to come :)
1st of August just proved that Bitcoin is bulletproof, not only didn't lose so much value but instead, it gained value and without the uncertainties of the fork, it will sky rocket to a much higher value, and also don't forget that Bitcoin Cash didn't made any dent, and also more value to us. ;)
Doesn't mean Bitcoin issues are over I try to be dispassionate, anyways let's wait till Nov.
Bitcoin issues are only standard, regular and evolutionary issues, and even with those problems Bitcoin prevailed. 1st August was a very awkward moment generating a considerably retract in value during more or less 1 month. Now, we will be in an optimistic phase for some time (2 to 3 months or even more than that).
Definitely worth an upvote and a resteem :]
Thank you am encouraged.
Yes it helps, I really want to invest more in Qtum.
What a fantastic time for cryptos
It is a great time, but not without some bumps.
Agreed.. volatility is there and will be there