Weekend sees stabilization in the market

12 Aug, 2018
by David Borman
Weekend sees stabilization in the market

After what has proven to be a rough week, prices have somewhat stabilized this weekend. However, most coins are still seeing a slight slide to the downside.

Market capitalization/bitcoin dominance

The total crypto market cap is at $215,312,065,618 at the time of this article. It has been holding fairly steady over the last 24 hours. Bitcoin dominance is still trending upward and is currently at 51.1%.

Top 10

Of the top 10 coins, all are in the red today with the exception of Tether (+0.30%) and Litecoin (+1.51%). Stellar and Bitcoin cash are hovering right around 0% however. The biggest loss in the top 10 today is XRP (-3.46%). Bitcoin is staying strong at $6341.71.

Biggest winners and losers

Of the top 100, the biggest 24 hour gains have gone to NULS (+23.38%). The biggest 24 hour loser has been Aurora (-16.71%).

Hopefully this relative stability is a good sign that we will start to see some turn around in what has been a fairly red market as of late.

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