And Finally We See An Increase — A Market Analysis

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After yesterdays rather big decrease we do see an increasing market once more today.

 
 
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Total Market Capitalization:

 
After starting in the day with an nice increasing pattern the market started to decrease immediately after it over the day to once more start increasing fast and good in the last couple of hours. Adding all this up we do see an increase of $8 billion USD, from more than $337 billion USD total market capitalization 24 hours ago to more than $345 billion USD total market capitalization at time of writing:

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Source

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Dominance (Percentage of Total Market Capitalization):

 
Following this dominance charts for the past several months it seems like Bitcoins dominance grows quite substantially in times the market isn’t doing great. On an increasing market like we see lately Bitcoins dominance seems to decrease while those of altcoins seem to rise.

CryptocurrencyDominance
Bitcoin [BTC]37,73%
Ethereum [ETH]17,60%
Ripple [XRP]7,67%
Bitcoin Cash [BCH]5,70%
Litecoin [LTC]1,99%
IOTA [MIOTA]1,42%
NEO [NEO]1,02%
Monero [XMR]0,78%
Dash [DASH]0,75%
NEM [XEM]0,66%
Others24,67%

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Top 15 chart (measured by their Market Capitalization):

 
Exact the opposite of yesterday: all green only Tether [USDT] is red showing an decrease of 0,08% over the course of the last 24 hours. Best performing Cryptocurrency in our top 15 chart is Monero [XMR] today with an increase of more than 4% today followed by Bitcoin Cash [BCH] showing an increase of nearly 4% today:

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Source

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Top Gainer Today (out of the Top 100):

 
Best performing Cryptocurrency in our top 100 chart, measured by their market capitalization, is Elastos [ELA] today with an increase of more than 11% over the course of the last 24 hours followed by Waltonchain [WTC] with an increase of nearly 11% today:

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Source

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Top Loser Today (out of the Top 100):

 
Not a single double digit decrease can be found in our top 100 chart today. Worst performing Cryptocurrency in it is Bitcoin Private [BTCP] today with an decrease of nearly 7% over the course of the last 24 hours followed by DigixDAO [DGD] showing an decrease of more than 4% today:

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Source

 
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Disclaimer: I'm in no way a financial advisor. I just state my opinion! Never do investments because someone told you or in the fear of missing out! Take your time to research. Don't be sheep, develop critical thinking on your own!


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