TRADINGVIEW TUTORIAL Bitcoin Price 2519 USD JUNE 25 Crypto Currency Stock Chart Analysis BTC
Crypto Markets Slump Again, With Bitcoin Holding Gains
After a short-lived recovery attempt yesterday, the crypto markets have seen another slump today, with Bitcoin being a notable exception.
have suffered another slump today. Almost all cryptocurrencies are down by significant percentages, with Bitcoin (
Bitcoin is trading sideways, up by about 0.1 percent over the past 24 hours. The cryptocurrency is at the $6,438 price mark as of press time, following a dip to as low as $6,051 earlier today.
on July 25, Bitcoin Capitalisation Chart , the coin is still up 1 percent over the past 30 days.
) has plunged to as low as $306 today. It is now trading at $327, with its price 8 percent down over the 24 hour period.
among top ten coins by market cap on the day. Ethereum has lost 25 percent of its value over the past 30 days, and more than 50 percent over the past three months.
(MIOTA) have seen the largest losses over the past 7 days, according to
. At press time, EOS is trading at $5.23, having lost around 25 percent of value over the past week, while IOTA is down 36 percent on the week, and is trading at $0.54.
Total market capitalization has dipped to as low as $206 billion today, but the markets have managed to retrace some of those losses, bringing the number to Bitcoin Capitalisation Chart
as of press time. While the total market cap has dipped to levels not seen since mid-November last year, the number of all digital currencies has recently surpassed 1,800, according to
Today, Bitcoin’s share of the total market cap has reached
for the first time in 2018, as a result of continuous growth that began in May. For comparison, back on Jan. 1 Bitcoin Capitalisation Chart , Bitcoin’s dominance was around 37 percent.
Bitcoin’s share of total market cap (dominance). Source:
Bitcoin’s dominance as one of the most important factors of how the market is “reacting to what’s been taking place” in the industry.
that crypto markets are reflecting some overreaction from the investors. According to Morehead, many have exaggerated the importance of the recent
of the U.S. Securities and Exchange Commission’s ( Bitcoin Capitalisation Chart
In addition to recommending investors to focus on the Intercontinental Exchange’s (ICE)
of its own crypto platform, Morehead pointed out that Bitcoin is still up about 82 percent on the year, noting that "it's all perspective."
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