Capitalization is showing a downward trend for the fourth week in a row, with the Smith + Crown Index, in turn, dropping to 22,262. The dominance of the four and eight largest cryptocurrencies as of February 4, 2018, (00:00 UTC) equaled 68.4% and 76.4%, respectively, with bitcoin dominance falling to 34.6% (see Table 1.1).
Last week (January 29-February 4, 2018) cryptocurrency market capitalization decreased steadily from $600 billion to $350-$450 billion, which led to a depreciation in the prices of nearly all the coins and tokens in the top 100 cryptocurrencies in terms of capitalization except Revain, DigixDAO, Pillar, and Tether (see fig. 3).
https://www.coinspeaker.com/2018/02/06/monthly-cryptocurrency-ico-market-analysis-january-2018/
Topic: [2018-02-06]Monthly Cryptocurrency and ICO Market Analysis [January 2018] (Read 146 times)
February 06, 2018, 09:20:24 AM
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