Cryptocurrency Market

Market capitalisation yesterday: NZD$317,264,975,300

Market capitalisation today: NZD$322,678,949,747

Change: 1.71%

Total 24-hour volume yesterday: NZD$15,858,092,122

Total 24-hour volume today: NZD$14,755,029,574

Change: -6.96%

Bitcoin Market Movements

Open price yesterday: NZD$9,864.93

Open price today: NZD$9,970.23

Change: 1.07%

Dominance: 53.57%

Ethereum Market Movements

Open price yesterday: NZD$308.31

Open price today: NZD$313.59

Change: 1.71%

Dominance: 9.99%

XRP Market Movements

Open price yesterday: NZD$0.6719

Open price today: NZD$0.7093

Change: 5.57%

Dominance: 8.79%

Notable Mentions

Number of cryptocurrencies: 2062

Rankings by 24-hour volume: Bitcoin (BTC), Tether (USDT), Ethereum (ETH), XRP (XRP), EOS (EOS), Litecoin (LTC), Bitcoin Cash (BCH), Dash (DASH).

The BTC/USD pair appears to have reversed its upwards action and is now continuing the sideways trend we have been witnessing. Reaching USD$6500 is looking to be an achievable long target.

Loan provider Nexo has announced it now accepts XRP as collateral, potentially adding another significant use case to the currency. Enabling XRP holders to borrow against their holdings instead of selling may make it easier to hold XRP for investment purposes and easy the currencies selling pressure.

The top 24-hour gainer in marketcap for the top 100 coins is Stratis (STRAT) rising 17.56% while the top loser is Bitcoin Diamond (BCD) dropping 7.38%.

About BitPrime:

NZ owned, operated, and a registered financial service provider, BitPrime is the country’s most trusted cryptocurrency retailer. BitPrime differs from traditional exchanges and brokerages as you buy directly from their reserves. For more information, visit https://www.bitprime.co.nz

Disclaimer:

Price is calculated by the volume weighted average of all prices reported at each market (source: coinmarketcap).

The above references an opinion and is for informational purposes only. Do not take this as personalised financial or investment advice.

ENDS