Solid day for the market, Ethereum leading the pack, BTC holding $5,700

07 May, 2019
by David Borman
Price Action
Solid day for the market, Ethereum leading the pack, BTC holding $5,700

Today was a pretty good day for most major coins in the market, with a few notable performers like Ethereum. However like most days, a few coins saw a bit of a dip as well.

Coin Market Capitalization/Bitcoin Dominance

As of this writing, the whole market is up about $6.5 billion to $185,558,498,377. Bitcoin dominance is still holding strong, at 55.2% as of now.

Current price of Bitcoin: $5,786.65.

BTC/USD Chart provided by Tradingview

Top 10

Of the top 10 coins, by far the best performer was Ethereum, coming in up 9.07% to $177.67. In a somewhat distant second we saw Cardano (ADA) rise up 3.15% to $0.0677. The only top 10 coin in the red today was Binance Coin (BNB) with a -2.35% fall to $22.28.

Biggest Winners/Losers

Moving beyond the top 10, the coin with the most upside today was Chainlink (LINK), rising an impressive 14.25% to $0.574, followed by Ethereum, and in third was Qubitica (QBIT) up 8% to $29.47. As for coins in the red, the hardest hit was Newton (NEW) with -13.82% losses to $0.0045, and in second Maximine Coin (MXM) dropping -8.21% to $0.037.

Despite a few hiccups, the market is looking rather strong right now. Can this carry on into the week? Stick with Chepicap for all updates!

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