On Monday, August 17 late afternoon, the entire cryptocurrency market capitalization of all 6400+ coins in existence was around $376 billion according to CoinMarketCap. The top two performers of the cryptocurrency industry i.e. Bitcoin and Ethereum are trading with an increase in its price. Bitcoin (BTC) is trading just above the $11,800 zone and is up 0.37% today. Despite the higher price, BTC’s dominance is just about 58.2%.
Ethereum (ETH) has gained 0.94% during the last 24 hours and is trading at $428.60 with a total market cap of $48,096,093,984. XRP still commands the third-largest market cap and the coin is up over 1.90% today and trading for $0.30 per coin. The stable coin tether is still seeing massive trade volume and USDT’s $10 billion market valuation still holds the fourth position. Tether is up by 0.08%.
The only altcoin which is trading with a downfall at price is ChainLink. With a $6 Billion of total market value Chainlink is down by 1.24% and is currently capped at $19.10. The forerunner in the top ten on Monday is Litecoin which has gained 5.48% in the last 24 hours and is trading at $64.83. Other coins which showed an increase in its prices is are:
- Bitcoin Cash (BCH) by 2.98%, currently trading at $315.13
- Bitcoin SV by 0.93%, capped at $223.84
- Cardano by 4.28%, trading at $0.14
- EOS by 4.25% $3.90
Most of the coins amongst the top 100 showed green in their prices. While Bitcoin Gold was up by 0.76%, the Bitcoin Diamond was trading at $0.836 with a raise of 0.74%. Maintaining the 24 Market rank, Dash is up by 5.82% and is currently capped at $99.73.
The best time to invest in Bitcoin and Altcoin is when the prices are low and the best time to sell these cryptos is when the market prices are high. To know more about trading, market, cryptocurrencies kindly visit PCEX Member. It is important to have a trusted exchange or broker by your side for trading cryptocurrency to maximize profits.
