Rollercoaster in market, lost $10 billion, regained most, LTC stands out

07 Jun, 2019
by David Borman
Price Action
Rollercoaster in market, lost $10 billion, regained most, LTC stands out

Today saw the market both dip and mostly recover, although some alts went their own way. Chepicap previously reported on the curious activity surrounding "Bitcoin 2," but some coins, like Litecoin, saw much more organic and impressive upside. 

Coin Market Capitalization/Bitcoin Dominance

As of now the market cap is at $250,195,660,201, not far from a high earlier tod ay of $252 billion, however first it saw a dip down to about $240 billion. Bitcoin dominance is still on a slow decline, now at about 55.3%

Current price of Bitcoin: $7,789.44

BTC/USD Chart provided by Tradingview

Top 10

Looking at the top 10 we see a mix of red and green, however the star performer for the day is undoubtedly Litecoin (LTC), which pretty much ignored the dip but not the rebound, now up 5.31% to $109.84. Not too far behind we see Ripple (XRP) coming up 3.12% to $0.416. As for downside, the hardest hit was Bitcoin SV (BSV) with -9.50% losses to $195.00, and though not as devastated, EOS dropped -1.40% to $6.34.

Biggest Winners/Losers

Moving beyond the top 10, we see the best upside with HyperCash (HC), rising 22.30% to $2.16, and Metaverse ETP (ETP) came up 17.79% to $1.36. More than a few coins have been struggling today though, and Maximine Coin (MXM) fell -16.63% to $0.0446, and SOLVE slipped -10.82% to $0.449.

Overall, not a bad day for the market as a whole, but some coins definitely benefitted from the action. Will we see a stronger market as we head into the weekend? Stick right here with Chepicap for all updates!

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