Monday, August 27: crypto markets have seen another recovery attempt, with all of the top 20 coins by market cap in the green, according to data from CoinMarketCap. After suffering a slump yesterday, crypto markets are back to green, with IOTA (MIOTA), Cardano (ADA), and EOS (EOS) seeing the biggest gains among the top 10 coins, while Bitcoin (BTC) has broken back above the $6,700 point. Most of the top ten coins are seeing only slight gains between 1 and 2 percent on the day. Market visualization from Coin360 The top cryptocurrency Bitcoin is trading at $6,744 at press time, …
Thursday, August 2: Bitcoin (BTC) and Ethereum (ETH) are trading around yesterday's levels, while other top 20 coins are seeing notable losses, according to data from Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) is up around 0.3 percent over the past 24 hours and trading at $7,579 at press time after testing a slight rebound today. The top cryptocurrency keeps trading sideways, with an intraday low of $7,451, according to the Cointelegraph Bitcoin Price Index. As Cointelegraph reported in a previous market analysis, if Bitcoin breaks $7,750 resistance, the move can extend to further to $8,400. Bitcoin 24 hours price …
Bitcoin’s (BTC) dominance by market capitalization in the total crypto market posted its highest level in 2018 July 23, passing 46 percent for the first time. According to data from CoinMarketCap, Bitcoin dominance — defined as the percentage of the total market cap of all cryptocurrencies that is Bitcoin’s market cap — currently constitutes 46.5 percent, a level last seen on December 22, 2017. At the time, Bitcoin was trading just below all-time highs around $20,000 per coin. Percentage of total market cap (dominance) from CoinMarketCap The move comes as sentiment surrounding Bitcoin in particular continues to improve after BTC/USD …