August 19: The cryptographic picture shows signs of recovery after a major market crash last week, but the momentum is not yet solid enough to point to a categorical turnaround in the bear market.
August 17, the first major attempt was made to end destiny, but these conquests were not widely consolidated. During the press release BTC traded below $ 6,500, and ETH fell below $ 300.
Most of the main crypto active assets show a moderate and stable growth of 1 to 5 percent per day, according to Coin360 data, with some of the 20 largest coins accounting for up to 16 percent.
BTC is now almost unchanged in the last 24 hours in the press, trading at around $ 6,380, according to the TokencDaily Bitcoin price index. Yesterday’s bullish but short-lived surge up toward the $ 6,500 mark did not hold, and today the coin saw a slide at $ 6,330. Despite the fact that since then he lost his losses, Bitcoin could not tear himself away from $ 6,500, seeing a sharp recovery in trade in the range of $ 6,600.
BTC is only half a percentage point this week, but his monthly losses remain at 14.56%.
TH is trading just under $ 400 in the press at a price of $ 395, which is about 1.85 percent a day. The Upper Altocene put a preliminary and gradual ascent back to $ 300 for the last 24 hours, trading at $ 285 at the beginning of the period. Nevertheless, yesterday’s strong momentum, breaking above $ 310, today was not repeated.
The loss of ETC on its weekly chart is about 8 percent; for a month, assets fell by 37 percent.
Since falling below $ 300, August 13, ETC has continued to trade at a price not seen since early November 2017.
Almost all the other ten best coins in the CoinMarketCap lists are in green color, with the exception of Stellar (XLM) and the anonymity of XMR, and less than one percent.
In the context of the top 20 coins, IOTA (MIOTA), ranked 11th, watched bullish growth of 11.6 percent per day to trade at $ 0.53 during printing. Despite the fact that during the crash last week in the market there was a world-wide collapse, now the altkoken almost closed its losses on the weekly chart.
VET, who took 19th place, faced a sharp 16% surge, which is trading at $ 0.014 during a press release yesterday, August 16.
XTZ, ranked 18th, provided strong growth of almost 4 percent per day to trade at 1.37 US dollars at the time of printing. The weekly Tezos chart shows a strong week of gradual growth – unlike the parabolic volatility that characterized the attempts to restore other kryptons after the collapse last week.
Domination BTC – or Bitcoin’s share of the total Crypto market capitalization – fell slightly in the week, now at 51.6 percent. The prevalence of BTC has been increasing since mid-May. August 14, it soared to 54.6%, which reflects the relative stability of Bitcoin compared to the staggering price plummet of ETC and other altoknam.
The total market capitalization of all crypto-currency turnovers is about 213.4 billion dollars. USA during the press release, compared with its loss to 189 billion dollars. The USA on August, 13th.
Despite the fact that last week the market remains unstable, new research by Bernstein analysts this week showed that the proceeds from the exchange of crypto-currencies through transactional transactions can more than double 4 billion dollars in 2018.