Okay, it's time to check what's happening on the market today.
Like yesterday, we reached a new high with the market cap of (drumrolls please) $183,671,275,829 And it’s still going up. Good times!
First, let's take a look on our starting eleven:
Bitcoin reached its all-time highs today at $6593,80 and it won’t stop here. I already explained why (Segwit2X fork). Of course, that means that almost all major altcoins are down (like they were before the Bitcoin Gold fork) except Bitcoin Cash, and that is due to an enormous trading on the Corean market (half of all trades are happening on Corean largest exchange Bithumb).
Yes, there’s also BitConnect, but I’m not talking about it for moral reasons. Here’s why
Now, let’s see top 10 winners of the day:
Like yesterday, Grostlcoin is still topping this list. If you want to find out a bit more about it, you can read yesterday’s market cap.
We have Golem in the second place, going up after a long cool down. And it should, it is a pretty good project.
And there’s the already mentioned Bitcoin Cash.
And now the losers:
Here we have Monaco leading this infamous list after a nice long stable period. Of course, if you are a day trader, this just means it is on a huge sale.
ChainLink has been going down for almost a month now, trying to find support. But that quite normal for such a young coin (been on the market for 6 weeks). You should definitely keep an eye on it.
Walton got up from $1,61 to $8,71 in just 10 days (a month ago) and he managed to stay up there until today. Last time it went down, it found support at $5,14, if it does the same this time, no need to panic.
Cardano came on the market just a month ago, but with the market cap of $652,576,587 it’s already in the TOP 15 coins. We haven’t seen the post-ICO sell off yet, maybe that’s what’s happening now…
That’s it for today, I’ll be back tomorrow if I find some interesting movements on the market.
Until then, STAY SAFE AND HODL!
Source: Coin Market Cap
DISCLAIMER: I am not a financial advisor. All thoughts in this post are my personal opinion and not a financial advice. You should always do your own research before any investment.