Crypto market overview 17.8. |Weekend overview of coins from the top 100 by capitalization

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Welcome to our crypto market overview 17.8.

Bitcoin is holding just below the $ 12,000 resistance. Still holds 60% of the appreciation in 2020, will it last next week?

Crypto market overview 14.8. | — *image source: shutterstock*

overview of terms

Yesterday, we reached a marketcap worth of $ 373 billion. This week we are recording a low of USD 342 billion and a high of USD 374 billion. At Bitcoin, we have a low at $ 11,150 over the same period. We are currently worth $ 11,880 for one BTC coin. Bitcoin dominance is declining and now stands at 58.6%.

Last crypto market overview here.

Overview of coins from top capitalization yesterday:

Bitcoin (BTC) $11 828,92 USD (-0,22%)

OMG Network (OMG) $2,44 USD (26,05%)

The best growth yesterday was:

As you can see, today was very favorable for the altcoins. Bitcoin dominance has been declining for several months in a row, and it looks like investors have also opted for altcoins, which are now growing in double digits.

yearn.finance (YFI) $6 507,84 USD (46,48%)

Reserve Rights (RSR) $0,022516 USD (34,61%)

OMG Network (OMG) $2,44 USD (26,05%)

Ren (REN) $0,378778 USD (17,54%)

Flexacoin (FXC) $0,005753 USD (13,45%)

The biggest drop was recorded:

Nervos Network (CKB) $0,008821 USD (-5,75%)

Matic Network (MATIC) $0,029297 USD (-4,88%)

Ampleforth (AMPL) $0,625509 USD (-4,71%)

DigiByte (DGB) $0,034604 USD (-4,55%)

All data is provided from coinmarketcap.com

World markets overview yeterday:

SP500: -0,02 %. NASDAQ: -0,12 %. GOLD: -0,46 %. DOW J.: -0,32 %.

[BTC / USD] In 2020 to present value: 63 %

In 2020, Bitcoin is very popular with investors. A momentary look at the graph shows a lot of resistance at $ 12,000. We are currently hovering at $ 11,850. If investors want to break the $ 12,000 resistance, they have to go through a wave of large stop-losses to $ 12,000. We expect a breakthrough despite this resistance, but certainly not next week, so there is only one left – a drop to the nearest support values of 11,200 and 10,600 USD.

Crypto market overview 17.8. |Weekend overview of coins from the top 100 by capitalization

Thank you for your time and reading our today´s crypto market overview 17.8.

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Margharet Tess

Editor, Developer at Cryptheory Labs

I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂

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