CRYPTO-DAILY THE MKT IN NUMBERS: LOW MKT VOLUME AS AUG 1ST BECKONS #0015

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Market Overview.
As August 1st approaches the market has become more volatile as Bitcoin sucks value from Altcoins, some speculators have been selling their Altcoins for Bitcoins ahead of the anticipated fork so they can have both Bitcoin and Bitcoin Cash not considering a possible drop in the value of both coins post Fork. Now the numbers, the market rose slightly by 2.15% a $1.87B gain to close (GMT+9) at $88.996B, while volume traded was $1.478B a 28.75% drop from the previous day. I expect this drop in volume to continue today and a drop in market cap should follow as we approach the close of day. A total of 830 cryptocurrencies, 186 Assets, and 4,781 market pairs were traded. Bitcoin's market dominance increased to 50.8% of the total market cap.

TOP 10 BY MARKET CAP

RANKCOIN/ASSETMARKET CAP (BILLION$)%CHANGE
1BITCOIN BTC45.2213.69
2ETHEREUM ETH18.7051.09
3RIPPLE XRP6.317-0.00
4LITECOIN LTC2.1040.41
5NEM XEM1.4730.96
6DASH DASH1.313-0.79
7ETHEREUM CLASSIC ETC1.295-0.17
8IOTA IOTA0.716-0.79
9MONERO XMR0.560-4.05
10STRATIS STRAT0.469-0.24
-TOTAL78.2162.34

We have a mixed board although slight changes, Bitcoin BTC carried the day expectedly with a 3.69% growth while Monero XMR had the biggest loss of 4.05%, while all coins on the board held on to their positions. The top Ten cryptos combined market cap rose marginally by 2.94% to close at $78.216B controlling 87.89% of the total market capitalization, while the remaining cryptos retain 12.11%.

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TOP 10 BY VOLUME TRADED

RANKCOIN/ASSET24HR VOL (M$)%CHANGEDOM PAIR
1BITCOIN BTC614.922-15.84BTC/USD
2ETHEREUM ETH481.616-40.35ETH/KRW
3LITECOIN LTC61.412-34.28LTC/CNY
4TETHER USDT48.631-36.07BTC/USDT
5RIPPLE XRP38.052-44.65XRP/KRW
6ETHEREUM CLASSIC ETC32.580-18.88ETC/USD
7EOS EOS25.719-26.82EOS/CNY
8DASH DASH24.129-22.74DASH/BTC
9BITSHARES BTS14.686-39.18BTS/CNY
8MONERO XMR12.29862.16XMR/BTC
-TOTAL1,354.045-29.67

Let's welcome Monero XMR to the Board, our biggest gainer with a 62.16% growth (the only positive growth on the board) evicted Zcash ZEC from the board to claim the No.10 spot. Monero XMR may have seen increased investors attention but it was a net negative as it lost 4% of its market cap. The rest of the board remained intact as Ripple XRP recorded the biggest decline of 44.65% in volume growth. Our top 10's combined volume was $1.35B a 29.67% decline, an impressive 91.62% of total volume traded leaving the remaining cryptos with 8.38% of investors attention.

TOP 5 EXCHANGE BY VOLUME

RANKEXCHANGE24HR VOL (MILLION$)MOST TRADED PAIR
1BITHUMB182.065ETH/KRW
2BITFINEX158.634BTC/USD
3POLONIEX119.604ETH/BTC
4OKCOIN82.175ETH/CNY
4BITMEX76.923BTC/USD

TOP 5 BIGGEST GAINERS AND LOSERS

RANKCOIN%GAINEDCOIN% LOST
1InflationCoin IFLT+140.31CoEval COE-39.18
2Das DAS+80.74WorldCoin WDC-35.61
3UselessEthereumToken UET+80.44Obits OBITS-34.38
4Eternity ENT+64.79Bitdeal BDL-29.13
5Embers MBRS+47.85PirateBlocks SKULL-27.53

UselessEthereumToken UET this must be a joke, what purpose was this created for? ShitCoin.

NEWS

Will Bitcoin Cash Impact Bitcoin Price? Traders Split on Possible Fork-CoinDesk

Hard Forking For Dummies: 2 Simple Rules to Access Your Bitcoin Cash -Bitcoin.com

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-DAILY THE MKT IN NUMBERS:MARKET STARTS THE WEEK ON A FLAT NOTE #0014] (https://steemit.com/investing/@cryptoinvestor/crypto-daily-the-mkt-in-numbers-market-starts-the-week-on-a-flat-note-0014)

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nice article