Showing posts with label lightcoin. Show all posts
Showing posts with label lightcoin. Show all posts

Wednesday, 31 January 2018

The bitcoin drops by 12%, returns below $10,000

The sales of the world's financial markets have shifted to the bitcoin and the other cryptocurrencies. The largest and most popular one lost 12% of its value to a level of $9,800 this morning. So the bitcoin went back below the $10,000 psychological limit for a bottom test at $9,300.
Increasingly, the skeptics and technical analysts are warning that the fallback of the bitcoin may continue to take full effect if its bottom at $9,300 is overcome.
Of course, there are also those who believe that the current levels of the bitcoin are suitable for the purchase of the cryptocurrency, with a potential rise for the test of the top at nearly $19,500.
Bitcoin sales were also transferred to other cryptocurrencies. Decline was also noted in ethereum, ripple, and lightcoin.
The ripple, once again returned to the $1 psychological limit, as early this morning was traded at $1.06.
Ethereum lost nearly 10% of its value to be exchanged at $1,055. However, it lost only about 20% of its top, against a loss of bitcoin of over 50%.
The most losing among the major currencies is the ripple, which has fallen by more than 70% from its record highs at the end of last year.


Wednesday, 26 July 2017

The market capitalization of crypto-currencies is up again to 100 billion

The rise in the price of crypto-currencies led by the bitcoin led to an increase in the overall market capitalization of digital currencies, again to $95 billion.
The moods among the crypto-currencies market participants were generally negative for most of July. As the month progressed, however, the support of digital currencies grew.
Crypto-currencies launched this year with a market capitalization of just 17.68 billion dollars. It reached the highest value of 116.28 billion dollars. Apparently, digital currencies are now pointing to their maximum value.
For the first time, the market capitalization of crypto-currencies has passed the psychological limit of $100 billion in mid-June. This was mainly caused by the positive news about the bitcoin and the ethereum.
Interesting is the fact that the share of the bitcoin from the total market capitalization of the crypto-currencies fell from 90% to less than 50%. At the beginning of the year, the bitcoin accounted for 87.33% of the total market capitalization, while that of the eterum was only 3.98%.
The market capitalization of the ripple was only 1.32%. For comparison, to date, the ethereum constitutes 30% of the total market capitalization, while the ripple - 11.1%.
In mid-June, when the bitcoin was traded at $2,500, its market capitalization momentarily reached the lowest value of 37.1% of the total of the digital currencies.
In absolute terms, the market capitalization of the bitcoin was $45.2 billion, that of the ethereum was 20.95 billion, and the ripple's was $7.37 billion. The lightcoin has a market capitalization of 2.3 billion dollars.