Friday, December 13, 2019

This Was Tezos’ Week While Bitcoin Consolidates: The Weekly Market Uprate

View this email in your browser

Crypto Market Update

Market Cap: $197 B
BTC Dominance: 66.6%
 BTC: $7,270
 ETH: $144
 XRP: $0.220

The last week hasn't been full of a lot of action with Bitcoin's price. The cryptocurrency traded sideways within a relatively tight range between $7,600 and $7,100. However, it managed to retain its market dominance, as it accounts for about 66.6% of the entire capitalization.

This also means that altcoins failed to break any new grounds. Almost all of them were also trading sideways or experienced slight losses. One which stands out, however, is Tezos. Just like the week before that, during the last seven days, XTZ is once again in the green, up more than 35% over the period. Tezos managed to become the 10th largest cryptocurrency.

Bitcoin's network continues to improve, as well. Recent reports showed, however, that 66% of its entire hashrate pertains to miners in china. A closer look reveals that there is no single entity that is anywhere near to controlling 51% of it, meaning that it manages to achieve its true purpose – proper decentralization.

Full Market Report & Analysis
Bakkt Launches New Product
Bakkt, the Bitcoin futures trading platform of ICE has rolled out cash-settled futures contract as well as Bitcoin options. Read more
Is It Time To Buy Bitcoin?
According to some analysts, Bitcoin is at the early stage of a bull market. They also think that it's a good time to invest, historically speaking. Read more
We Are On Telegram
Get daily crypto updates and be the first to know on crypto news and price analysis. Join now

This week chart analysis of:
BTC ETH XRP XTZ & TRX



Copyright © 2019 CryptoPotato, All rights reserved.
You're receiving this email because you opted in at our website's newsletter.
Want to change how you receive these emails? 
unsubscribe
Facebook
Facebook
Twitter
Twitter
Website
Website

No comments:

Post a Comment