Tuesday, July 16, 2019

The Red Week: Bitcoin Drags The Entire Cryptocurrency Market Down – Crypto Market Update Report

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Crypto Market Update

Market Cap: $270 B
BTC Dominance: 66.5%
 BTC: $10,000
 ETH: $210
 XRP: $0.30
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This week, the cryptocurrency market was painted in red. After the celebration of the gains made in recent weeks, we saw a correction which slightly cooled the market off. However, this is not a crash but rather a healthy correction which brought relative stability to the market. Bitcoin's price still keeps its head above five digits which is substantially higher than the beginning of the year.

The altcoin market is also cooling off and it seems that alts continue to free fall, especially against Bitcoin. Some of them are already reaching their all-time lows against BTC, the dominance of which continues to grow over the 65% threshold.

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This week chart analysis of:
BTC ETH XRP ICON & DCR



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