Many of the top coins in the space have dropped by as much as 30 %, with only one coin in the top hundred by market
capitalization seeing any gains.
Not exact matches
Here you can
see the price difference between first and last day of year 2017, overall market
capitalization in billions, overall
gain in year 2017.
As the cryptocurrency market continues to
gain strength and recover from the slight dip we
saw at the end of December, many of the major coins are giving way to an increased amount of interest in alternative, small market
capitalization cryptocurrencies.
Those
gains — as well as ones
seen with other cryptocurrencies — have resulted in the overall market
capitalization rising above $ 300 billion for the first time.
The third highest market
capitalization held by ripple (XRP) is
seeing gains around 0.49 percent as one XRP is $ 0.90.
Those
gains - as well as ones
seen with other cryptocurrencies - have resulted in the overall market
capitalization rising above $ 300 billion for the first time.
Yesterday, it
saw a huge surge on its price as it
gained more than 84 % over a period of 24 hours surpassing both Litecoin and Bitcoin Cash to settle at 3rd place in terms of market
capitalization (though this position keeps changing between BCH and XPR over the past hours)
In the space of a week, the overall cryptocurrency market
capitalization (according to Coinmarketcap data) had dropped to $ 276.8 bln, losing over $ 100 bln in value in that timeframe before
seeing gains of over $ 100 bln today.
The market has generally
seen a huge
gain in its
capitalization from about $ 350B at the start of the week to more than $ 500B as of press time.
This was then shortly followed by Ethereum which
saw massive
gains and a market
capitalization growth from $ 30B to over $ 65B as of press time.
Bitcoin (BTC), the largest cryptocurrency by market
capitalization,
saw a «V - shaped» recovery, while fifth - place litecoin notched monthly
gains.