CRYPTO-DAILY THE NUMBERS: MARKET STABILIZES MAINTAINS POSITIVE GROWTH#0055
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Market Overview.
As the market tries to find its feet after a challenging week past and investors confidence gradually returning as shown in market volume improving significantly. The market grew by 1.61% and gained $2.16Billion to close (GMT+9) at $136.008Billion while volume traded was a huge $4.77Billion a 21.03% increase from the previous day as investors. A total of 870 cryptocurrencies, 249 Assets, and 5,539 market pairs were traded. Bitcoin's market dominance increased to 48.3% of the total market cap.
**TOP 10 BY MARKET CAP **
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
|---|---|---|---|
| 1 | BITCOIN BTC | 65.627 | 3.84 |
| 2 | ETHEREUM ETH | 26.863 | -1.17 |
| 3 | BITCOIN CASH | 7.694 | 2.16 |
| 4 | RIPPLE XRP | 7.062 | -2.08 |
| 5 | LITECOIN LTC | 2.816 | 1.81 |
| 6 | DASH DASH | 2.447 | -3.13 |
| 7 | NEM XEM | 2.165 | 7.77 |
| 8 | IOTA IOTA | 1.603 | 1.07 |
| 9 | MONERO XMR | 1.459 | -3.19 |
| 10 | ETHEREUM CLASSIC ETC | 1.096 | 4.98 |
| - | TOTAL | 118.83 | 1.93 |
| - | OTHERS | 17.176 | -0.50 |
The board welcomes back ETC, it evicted OMG and took the No.10 spot, while NEM recorded the biggest gain of 7.77 % and XMR recorded the biggest loss of 3.19%. Bitcoin recorded a significant gain of 3.84% recovering some of the previous day's 7.9% loss, as other coins on the board retained their spots. The top Ten cryptos combined market cap rose by 1.93% to close at $118.83Billion controlling 87.37% of the total market capitalization, while the remaining cryptos market cap declined by 0.50% to close at $17.176Billion.
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TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 1,879.63 | 23.06 | BTC/USD |
| 2 | ETHEREUM ETH | 869.50 | -2.20 | ETH/KRW |
| 3 | BITCOIN CASH BCH | 500.82 | 89.73 | BCH/KRW |
| 4 | LITECOIN LTC | 387.41 | 22.91 | LTC/CNY |
| 5 | TETHER USDT | 209.97 | 30.18 | BTC/USDT |
| 6 | QTUM QTUM | 143.17 | 18.93 | QTUM/KRW |
| 7 | ETHEREUM CLASSIC ETC | 112.53 | 37.53 | ETC/CNY |
| 8 | RIPPLE XRP | 80.55 | 20.44 | XRP/KRW |
| 9 | MONERO XMR | 58.67 | 15.33 | XMR/KRW |
| 10 | OMISEGO OMG | 51.25 | 7.06 | OMG/USD |
| - | TOTAL | 4,293.50 | 21.81 | |
| - | OTHERS | 477.50 | 14.46 |
All coins on the board recorded growth in volumes except ETH with a slight decrease of 2.20%, while BCH had biggest growth of 89.73% of investors attention. Our dominant pairs show a rare 100% CRYPTO/FIAT pairing with a positive effect indicating an inflow of funds. Combined volume was $4.29Billion a 21.81% increase, and an 89.99% of total volume traded, while the remaining cryptos traded $477.5Million a 14.46% rise in investors attention.
FRESH ICO's
A decentralized distribution platform for the travel industry. The oligopolistic nature of the travel industry allows for superior margins, double marginalization, and inhibits competition. Today hotels pay up to 25% fees of the total booking value to intermediaries who hold a duopoly on travel distribution. Winding Tree gives the distribution power back to the individual hotels and airlines. Moving data around and charging for that service may have been a business model in 70s but is wholly outdated today. Blockchain allows for a truly free and competitive platform in the travel industry. Having previously started a successful travel startup we have great connections in the industry and are actively talking to some of the largest players in travel. This ICO was launched 18/09/17 For more HERE
Decentralized Data Exchange, a way for data buyers to get paid data about mobile, email, phone numbers and other ID spaces. This ICO was launched 18/09/17 For more HERE
NEWS
-Survey: Younger Americans More Likely to Invest in Bitcoin-CoinDesk
-China’s Interference on Bitcoin Tests Currency’s Foundation -WallStreetJournal
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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One of my favourite weekly updates. :)
Thanks Tony
Good info
Thanks
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@cryptoinvestor I always appreciate the weekly update. Many thanks.
It's been a tough few days for STEEM. Watching the barometer in the downswing reminds me to keep alive Warren Buffett's advice to not even bother with a stock if you can't see staying with it for the long haul.
As a blogger, the long haul (as God provides) isn't hard to envision; but, time permitting, please share a few lines on your perspective on STEEM's future.
I personally see it as possibly surpassing, and definitely paralleling in value with Facebook. The purpose of the two platforms are uniquely different enough that they could co-exist in the social-media realm.
Btw, each week I remain optimistic that one day STEEM will be on that top 10 list. ;+)
Well, thanks again.
Peace.
Steem definitely has a wonderful future and its going to be better than we can imagine right now, but there will be a lot of challenges from the established social media platforms and new blockchain based platforms that will take advantage of Steem's shortcomings. The next 10 years will be very interesting in this space and worth while. Thank you for your comment.
Most of the investors seem to agree with you! Peace.