Friday, November 30 – After a short spike at the beginning of this week, the cryptographic markets are back in red, with almost all the top 20 cryptocurrencies that have seen losses within 4 and 10%, as shown by the Coin360 data.
Viewing the Coin360 market
Bitcoin (BTC) had a volatile week, swapping between its low of around $ 3,600 (November 25th) and the high of $ 4,400 (November 29th). At the time of printing, the best currency is $ 4.037, down 6.3 percent on the 24-hour chart, according to CoinMarketCap. The negative momentum of today briefly brought the assets below the value of $ 4,000, before the losses were slightly lower in the subsequent trading hours.
During the week, Bitcoin is around 6% in red; monthly losses are 36.3 percent.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ripple (XRP), the second largest resource in the rankings, is down 5.5% over the day, trading at $ 0.35 at the time of printing. While its market share has fallen to $ 14.45 billion, it continues to hold the margin ahead of Ethereum (ETH), now ranked third largest crypt, with a market cap of just under $ 11.7 billion.
During the week, Ripple is 12 percent in red, with monthly losses of over 19 percent.
7 days price chart ripple. Source: CoinMarketCap
Ethereum (ETH) is down by a 5 percent turn around the day to trade for $ 112.9. The business went close to double digits during a market crash on November 25 and has since recovered, briefly hitting $ 125 on November 28, but did not incur significant gains. Altcoin's decline during the week led to about 7.6 percent in red; monthly losses are pushing for 43%.
Ethereum 7-day price table. Source: CoinMarketCap
Most of the remaining top ten coins on CoinMarketCap see losses between 4% and 10%, with the notable exception of the bitcoin SV (BSV) just mentioned (from the Bitcoin Cash (BCH) division), which is off the broader market to seal a 2.6% gain over the day, trading at $ 96.35.
Meanwhile, EOS (EOS) drops 5.4% to $ 2.86 and Litecoin (LTC) is down 6.3% to $ 32.06: Cardano (ADA) is the most affected in the top ten, sinking 9.2% to $ 0.038.
The coins remaining in the top twenty by market capitalization are all red, with the exception of Zcash (ZEC) focused on privacy, in 19th place, which increased by 1.74% to $ 82.05 . Zcash's peak is probably due to the greater exchange of US cryptocurrencies that Coinbase announced the launch of the resource support on its Coinbase Pro platform on November 29th.
The fifteenth largest coin NEM (XEM) is down by almost 8% to $ 0.07, and Tron (TRX) is pushing a 10% loss to $ 0.014. The 13th largest encrypted, IOTA (MIOTA), is down 5.7 percent to $ 0.28 and Dash (DASH) is down 6.74 percent to $ 90.60.
The total market capitalization of all cryptocurrencies is about $ 130.4 billion at the time of printing, up nearly $ 16 billion from a minimum of $ 114.6 billion intraweek on November 25.
7-day chart of the total market. Source: CoinMarketCap
With the intense red of the markets that continues to attract the attention, the Chinese mining giant of the cryptocurrency Bitmain has published today several price indexes for cryptocurrencies, with the goal of tracing the 17 largest assets by market capitalization for institutional and retail investors.
BlockShow Asia 2018 was a barometer of the dynamic development of the cryptographic sector and of the recent market sentiment, with BlockShow CEO Addy Creeze who said that "bear market" and "winter crypt" were among the most heartfelt words at the time. event.