Crypto Markets See Mixed Signals as Total Market Cap Holds Position
Sunday, Sep 16: crypto markets have seen a brew of red and immature today, with some small fluctuations and total marketplace cap holding position.
Market cognisance from Coin360
Bitcoin weekly cost chart. Source: Cointelegraph Bitcoin Price Index
Ethereum weekly cost chart. Source: Cointelegraph Ethereum Price Index
Total marketplace tip keeps holding position, vacillating around the $201 billion point for the most part of the day, with an intraday low of $199 billion. At press time, the sum marketplace tip is at around $203 billion.
Total marketplace capitalization weekly chart. Source: CoinMarketCap
Recently, Silicon Valley try entrepreneur Tim Draper predicted that the total cryptocurrency marketplace tip will strike $80 trillion in the subsequent 15 years, citing the accumulation of markets that will be remade by the cryptocurrency industry.
Stellar (XLM) and Dogecoin (DOGE) are saying biggest gains among the tip 20 cryptocurrencies by marketplace tip over the past 24 hours, up 2.6 and 4.3 percent respectively. Stellar, the sixth tip silver by marketplace cap, is now trade at $0.21, while DOGE, ranked 20th, trades at about $0.006 at press time.
Tezos (XTZ) and Binance Coin (BNB) have seen the largest waste out of tip 20 coins over 24 hours period, down 3.9 and and 2.6 percent respectively. Tezos, which saw the largest gains among tip 20 coins yesterday, is now trade at $1.58, still up 27 percent over the week, with BNB trade at about $9.88 at press time.
Yesterday, Binance co-founder and CEO Changpeng Zhao (CZ) revealed that the association will start beta contrast a crypto-fiat sell in Singapore on Sep 18. As of press time, Binance is ranked number one by practiced trade volume on CoinMarketCap, saying a volume of about $823 million over a 24 hour period.