#marketcap

MOST RECENT

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Everybody is selling their altcoins. BTC Dominance is rising while Mcap is getting lower

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Es un orgullo para mi, que mi alumno y Socio de nuestra empresa haga sus primeros 36 usd en dos días, (Real) esto es Major Actions. #JakeMoore 💎👑🙏🔥
Paso a paso bebe💎
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MARKET CAP DROPS BELOW $200 BILLION -

A red sea in the market this Tuesday, as the price of most cryptos suffers a significant dip in value. The market cap has gone down to as low as $189 billion, the lowest since November 2017. Bitcoin saw a brief dip below the $6000 mark... the market is having a #bearish run, the question here is... for how long?
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TOPI CASUAL BASEBALL CAP

Bahan : Twill
Ukuran diameter kepala : 18.5 cm - 20 cm (muat untuk keliling kepala 55 - 65 cm)
Panjang lidah topi : 7 cm
Panjang tali belakang keseluruhan : 38 cm

HARGA : 32.000

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TOPI CASUAL BASEBALL CAP

Bahan : Twill
Ukuran diameter kepala : 18.5 cm - 20 cm (muat untuk keliling kepala 55 - 65 cm)
Panjang lidah topi : 7 cm
Panjang tali belakang keseluruhan : 38 cm

HARGA : 32.000

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Bitcoin Price Creeps Near $6,500 as Tether Issues $50 Million Worth of New Tokens The bitcoin price saw a slight bump on Monday, rising just under two percent to extend the market’s weekend recovery into the new week. After #trading as low as $6,109 on Saturday, #bitcoin is now #priced at $6,458 on Bitfinex, which translates into a $111 billion #marketcap. While there are many factors that impact bitcoin’s price movements, including unseen action on the over-the-counter (#OTC) markets frequented by large-scale buyers and #sellers, the weekend rally also correlated with a new issuance of USDT, the dollar-pegged “stablecoin” token created by controversial #cryptocurrency startup Tether. According to data from Omni Explorer, the Tether Treasury issued 50 #million #USDT on Saturday, representing an influx of $50 million into the cryptocurrency market. These new tokens, according to the Tether Rich List, were transferred to Bitfinex, representing the third time in this month alone that Tether has sent $50 million in USDT to that exchange. Tether now has a circulating market cap of just over $2.5 billion, according to self-reported data listed on the #company’s “Transparency” page. This data also indicates that Tether is holding approximately $500 million in reserve, funds which have been authorized for issuance but not yet distributed. According to #CoinMarketCap, Tether’s market cap peaked at $2.7 billion in late July but declined below $2.4 billion in early August, presumably because a large #USDT holder such as an exchange redeemed a block of tokens for the underlying #USD backing them. Even so, there are approximately 2.2 billion more tethers in circulation than there were at this point last year when USDT had a market cap of just $320 million. USDT is also the second-most traded cryptocurrency, ranking behind only bitcoin. Critics have long pointed to the connection between USDT issuance and bitcoin price movements as evidence that the token is being used to manipulate the cryptocurrency markets, perhaps through a fractional reserve.

As the Bitcoin market dominance continues to increase to nearly 55%, which is the highest its been all year we are seeing a massive sell-off of the altcoins. This has caused those markets to bleed upwards of 20% in most cases. It’s clear we are seeing money transfer into bitcoin and futures contracts are set to expire Aug 15, but with concerns over the delay of bitcoin ETFs at this point the market has a mind of its own. Cryptos that act more as currencies (Btc, Bch, XMR) are faring a lot better than those that are platforms (eos, eth, icx) which support tokens that take some of the heaviest impacts. The only explaination is that the market still needs time to recover from being overextended by the bullrun of dec 2017. A lot of inexperienced investors entered the space during that period, got wrecked and now still need time for those wounds to heal. Fundamentally with so many improvements in the cryptospace over the past year, when market sentiment reverses it should be much more equipped to sustain even higher highs for the projects that survive the shakedown. We’ll keep you posted. #cryptocurrency #blockchain #cryptonews #bitcoin #ethereum #bitcoincash #litecoin #eos #icx #altcoins #markets #trading #marketcap #futures #candlesticks #technicalanalysis #etf #investors #selloff #whales #institutional #tokens #currencies #platform #decentralized #network #DYOR #Blocktistics

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