Market stabilizes after dip, most coins still down

05 Mar, 2019
by David Borman
Price Action
Market stabilizes after dip, most coins still down

The markets saw a small but significant dip yesterday, with most coins dropping by multiple percentage points. Since then the market seems to have leveled off after the drop, but few coins rebounded.

Coin Market Capitalization/Bitcoin Dominance

Current market cap is $126,290,844,882, down from a 24 hr high of around $130 billion. Bitcoin dominance has been holding around 52.4%.

Current price of Bitcoin: $3,762.73.

Top 10

Looking at the top 10 cryptos, almost all are still in the red for the day. There are a couple of exceptions however, with Binance Coin (BNB) holding onto modest 0.86% growth to $11.60, and TRON (TRX) just behind, up 0.44% to $0.022. Though all other top 10's were down, hardest hit was by far EOS with -7.81% losses to $3.28, and Bitcoin Cash (BCH) with a -5.32% drop to $124.87.

Biggest Winners/Losers

Moving out of the top 10 we see a few coins performing more admirably. Aurora (AOA) was up 14.61% today, to $0.0089. Not too far behind we saw Nexo (NEXO) rising 8.23% to $0.090. As for losses, Bitcoin Gold (BTG) had a particularly rough day, dropping -12.75% to $10.73, and Waltonchain (WTC) was down -10.49% to $1.06.

Hard to say if this is the end of the dipping or if we have more in store. Either way, stick here with Chepicap for all your price action updates!

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