Markets still holding above previous lows, showing slight growth

16 Dec, 2018
by David Borman
Price Action
Markets still holding above previous lows, showing slight growth

This weekend has seen a lot of sideways action in the markets, but also some optimistic signs of growth. Today more coins are in the green than red, and market cap is inching upward.

Coin Market Capitalization/Bitcoin Dominance

As of this writing, the market cap is about $104,154,181,551, up about $4 billion from recent lows that saw the cap pushing down towards the $100 billion level. Bitcoin dominance is still strong at 54.8%.

Current price of Bitcoin: $3,276.96.

Top 10

All top 10 coins were showing some green action today. Biggest gains were seen by Bitcoin SV (BSV) up 12.80% to $77.20. Another strong contender was Litecoin (LTC) which saw a 10.44% rise to $26.16.

Biggest Winners/Losers

Moving on to the top 100, the two big movers today were Revain (R) and Factom (FCT) up 20.37% to $0.13 and 19.22% to $8.56, respectively. As for negative action, the only coin hurt particularly bad today was DEX sliding -15.81% to $0.245.

Though growth has been humble for most coins, with any luck we can hold this support and go into the coming week with enough strength to push back up from the recent lows. As always, stick with Chepicap for all price action news!

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