Market Overview.
Bitcoin Cash BCC launch on Saturday trading for as high as $886 on the ViaBTC exchange details below, while Bitcoin BTC failed to retest its last high. The market achieved a peak of $98B on Sunday but closed (GMT+1) at $94.53B a 2.22% growth about $2.054B growth from the close of day Friday, volume traded on Sunday was $3.178B a 13.95% rise from Saturday's volume of $2.789B and 25.55% decline from Friday's volume. I expect a correction this week as we approach 1st Aug. A total of 821 cryptocurrencies, 176 Assets, and 4,674 market pairs were traded. Bitcoin's market dominance decreased to 47.9% of the total market cap.
TOP 10 BY MARKET CAP
| RANK | COIN/ASSET | MARKET CAP (BILLION$) | %CHANGE |
|---|---|---|---|
| 1 | BITCOIN BTC | 44.705 | 0.83 |
| 2 | ETHEREUM ETH | 20.915 | 1.52 |
| 3 | RIPPLE XRP | 7.415 | 4.57 |
| 4 | LITECOIN LTC | 2.290 | -4.68 |
| 5 | NEM XEM | 1.507 | 16.62 |
| 6 | ETHEREUM CLASSIC ETC | 1.476 | -2.88 |
| 7 | DASH DASH | 1.400 | 0.53 |
| 8 | IOTA IOTA | 0.761 | 1.42 |
| 9 | MONERO XMR | 0.632 | 4.43 |
| 10 | STRATIS STRAT | 0.610 | 1.29 |
| - | TOTAL | 81.713 | 1.39 |
Our biggest gainer on the board from Friday's closing figures Nem XEM with a 16.62% leap 2 steps up to the No.5 spot displacing Ethereum Classic ETC and DASH to No.6 and No.7 spot respectively. while other coins on the board held on to their positions. The top Ten cryptos combined market cap grew slightly by 1.39% to close at $81.713B controlling 86.44% of the total market capitalization an increase from Friday's 87.15%, while the remaining cryptos retain 13.56% a 7.89% increase leaving them with a market cap of $12.8B.
TOP 10 BY VOLUME TRADED
| RANK | COIN/ASSET | 24HR VOL (M$) | %CHANGE | DOM PAIR |
|---|---|---|---|---|
| 1 | BITCOIN BTC | 1,081.376 | -37.92 | BTC/USD |
| 2 | ETHEREUM ETH | 661.989 | -40.63 | ETH/CNY |
| 3 | LITECOIN LTC | 220.993 | -31.39 | LTC/CNY |
| 4 | RIPPLE XRP | 197.994 | 60.29 | XRP/KRW |
| 5 | BITSHARES BTS | 172.478 | 84.17 | BTS/CNY |
| 6 | STATUS SNT | 169.528 | 1294.14 | SNT/CNY |
| 7 | TETHER USDT | 116.521 | -40.25 | BTC/USDT |
| 8 | ETHEREUM CLASSIC ETC | 77.324 | -59.26 | ETC/CNY |
| 9 | EOS EOS | 60.434 | -1.94 | EOS/CNY |
| 10 | DIGIBYTE | 35.258 | 1005.27 | DGB/BTC |
| - | TOTAL | 2,793.895 | -28.86 |
Guys, let's welcome Status SNT a debutant and Digibyte DGB to the board. SNT with a 1,294% rise from Friday's volume leaped onto the board to occupy No.6 spot and Digibyte DGB with 1005% landed on the No.10 spot enjoying 115% and 62.5% growth in their respective market cap from Friday.Qtum and Dash were evicted from the board, while Bitshares BTS moved up 5 spots to No.5 displacing ETC, XRP moved up 1 spot to No.4 and USDT was displaced to the No.7 spot along with EOS down to the No.8 spot. Our top 10's combined volume was $2.793B a 28.86% decline, an impressive 87.91% of total volume traded a decrease from the previous Friday's 91.74% leaving the remaining cryptos with 12.09% of investors attention reflecting in their market cap.
TOP 5 EXCHANGE BY VOLUME
| RANK | EXCHANGE | 24HR VOL (MILLION$) | MOST TRADED PAIR |
|---|---|---|---|
| 1 | BITHUMB | 261.051 | XRP/KRW |
| 2 | POLONIEX | 257.581 | BTC/USDT |
| 3 | YUNBI | 244.980 | SNT/CNY |
| 4 | BITMEX | 193.450 | BTC/USD |
| 5 | BITFINEX | 187.264 | BTC/USD |
TOP 5 BIGGEST GAINERS AND LOSERS
| RANK | COIN | %GAINED | COIN | % LOST |
|---|---|---|---|---|
| 1 | Voise VSM | +85.22 | ReeCoin REE | -74.57 |
| 2 | OmiseGo OMG | +78.16 | Das DAS | -46.37 |
| 3 | ProjectX NANOX | +75.41 | VirtualUniqueCoin VUC | -45.23 |
| 4 | AvatarCoin AV | +72.36 | FedoraCoin TIPS | -44.42 |
| 5 | UnbreakableCoin UNB | +37.6 | DimeCoin DIME | -44.35 |
NEW LISTINGS
| COIN | SYMBOL |
|---|---|
| Bitcoin Cash(futures) | BCC |
Newly listed Bitcoin Cash BCC will hard fork from the Bitcoin BTC chain come Aug 1st, it began trading on saturday on the ViaBTC exchange as at the time of this report it is valued at $547.39. At this price point its market cap will be in the $9Billion range and the No.3 coin come Aug 1st, interesting times ahead.
ICO
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NEWS
Between a Rock and a Hard Fork: Jeff Garzik's Plan to Avoid a Bitcoin Split-CoinDesk
A Bitcoin User's Guide to the August 1st Forks- Randall Taylor
Bitcoin Cash Starts Trading, Reaches a High of Nearly $900- Trust Nodes
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HAVE A PROFITABLE INVESTING DAY!
SOURCE:CoinMarketCap
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