Tag: market Cap

Global Market Stagnant Despite Bitcoin Gains

While it is widely agreed that past trends cannot predict future markets, today’s cryptocurrency market movements suggest a similar trend to what has been observed multiple times throughout 2017. Today, we see money flowing away from altcoins, back to Bitcoin, as sentiments towards the grandfather coin continue to turn bullish. Bitcoin (BTC) has climbed close to 6% in the past 24 hours, growing from a price of roughly US$11,200 to its …
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The Deceptive Nature of Market Capitalization

Market capitalization, for new and old investors alike, represents a deceptively complex figure. While many suggest that market cap is the proper way to determine the overall value of a coin, the value displayed by a coin’s market cap is a number that can and is easily manipulated by savvy and often unethical development teams. When inexperienced investors mistakenly base valuations off of a coin’s price per unit, most investors will …
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Ethereum Price Peaks Above $1,300 as Market Cap Inches Closer to Bitcoin’s

It is safe to say the cryptocurrency ecosystem is anything but stable right now. With Bitcoin still struggling for momentum, altcoins will struggle quite a bit as well. The one bright spot in all of this is Ethereum. More specifically, the Ethereum price keeps moving up every single day. Moreover, Ethereum’s market cap is now half that of Bitcoin, which is a rather impressive feat. Ethereum Price Rises yet Again Very few …
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Ethereum Rises Above $1,140 as Market Cap Surpasses That of XRP

The past 24 hours have been rather eventful for all cryptocurrencies. With CoinMarketCap.com no longer taking South Korean prices into account, all currencies are slowly losing momentum. In the case of the Ethereum price, things are still going according to plan. Thanks to some solid gains against both USD and BTC, Ethereum has reclaimed the second spot on the list of cryptocurrencies ranked by market cap. The Ethereum Market is Doing Just Fine It …
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