Monday morning is witnessing virtually no action on crypto markets. They have shown no real movements since the end of last week. Total market capitalization is just over $200 billion and has held that level for the past three days.
Bitcoin is static and has not been able to push towards the next resistance level. BTC is currently trading at $6,480, down very slightly from yesterday. Technicals are indicating more bearish momentum which could drop Bitcoin back to below $6,400. Ethereum also has not moved and is hovering just about $215 at the time of writing.
Altcoins are mixed, half red half green with very little gains or losses either way at the moment. In the top ten Stellar is up almost 2% to $0.204 while Bitcoin Cash has made 1.5% to trade at $445. The rest have not moved since yesterday.
The top twenty shows that only Dash has made any real gains and that is just 4%. It is rapidly catching Cardano which is about to drop out of the top ten. Falling back are Tezos and VeChain which have both dropped 2.5% on the day.
There are a few altcoins pumping at the moment and the one at the top is 360cryptomining. AOA has been climbing all week and is up 70% on the day to $0.036. It has just been listed on KuCoin which is driving today’s momentum;
Since last Monday We has made 180%. FunFair, PowerLedger and Waltonchain are all up 10-13 percent on the day. At the red end of the table for the top one hundred is Mixin getting minced 17% on the day. GAS and Theta Token are also dropping 7-8 percent over the past 24 hours.
There has been very little change in total crypto market capitalization over the weekend. From a climb to over $204 billion a few hours ago it has dropped back to just over $201 billion which is a fraction below yesterday’s levels. Trade volume is currently low also at just over $10 billion.
Invest in 360cryptomining today, DM me to get started.
DM me for updates on how to invest and trade wisely, I am a trade expert, in forex and binary options. I help individuals trade for a fixed %. Trade with me today and make huge profits trading (Forex,stocks,crypto,Binary Options...)
“Live the Life of Your Dreams: Be brave enough to live the life of your dreams according to your vision and purpose instead of the expectations and opinions of others.” My vision is to speak in front of thousands of people and impact the world. I will help me get out of being average and truly enjoy life.
It all start with a vision where there is no one their just and your dreams.
People WILL talk about you.
And 99% of the time they will be INCORRECT.
But the secret to success is to LET THEM TALK.
While they are talking, you keep WORKING.
Because you NEED to KEEP giving them something to talk ABOUT.
That's how YOU stay ahead.
The moment you try to correct someone about YOUR life and business,
You drop right down! 👊🏽
More than half of the entire Bitcoin circulating supply is controlled by cryptocurrency whales, and 42 percent of them didn’t sell during peak crypto-mania.
Blockchain research unit Diar has put together some interesting data that suggests less than 1 percent of all wallet addresses control $100 billion in Bitcoin.
In fact, more than half of Bitcoin’s circulating supply is controlled by wallets with balances exceeding 200 BTC ($1.25 million).
Even further – it appears that a third of all Bitcoin $BTC▲1.31% held by whales has never been used for outgoing transactions (meaning the whales never moved it out of their wallets after receiving it). Diar does note that some of these could be the reserves of cryptocurrency exchanges.
Regardless, this is surely impressive, considering the price of BTC fluctuates dramatically.
Most notably, BTC exceeded $20,000 in January, for which many blamed market manipulators for the hysteria that followed.
Diar suggests that some of the sleeping Bitcoin could actually be accidentally locked up due to owners losing private keys. Either that, or there are some rich cryptocurrency believers out there with lots of patience.DM me to make a beautiful investment.