THELOGICALINDIAN - FOMO Moments
More losses accept been recorded on crypto markets over the accomplished 24 hours as the weekend sees agenda currencies abide their bottomward slide. Total bazaar assets has slid aback appear $180 billion and is not far abroad from addition new low for the year.
Bitcoin is weak, assuming no absolute signals at all as it continues its free-fall, accident over $1,000 in beneath than a week. Currently trading bottomward 1.5% at $5,530, BTC looks assertive to abatement aback to the $5,400 level, its everyman for over a year. Ethereum is accepting ashamed and looks to be ashore in third atom with addition abatement of over 3% on the day. At the time of autograph ETH is trading at $174.
There are no winners in the top ten today as every altcoin is red. Bitcoin Cash is bleeding the hardest, accepting formed 9% on the day bottomward it to $380. The blow are accident amid 2 and 4 percent active prices to new almanac lows for the year.
The top twenty is appropriately as dismal, Binance Coin falling the best with 5.5% lost. Tron, Iota, Neo, Ethereum Classic and Zcash are all accident 3 – 4 percent and there are no altcoins in the blooming in the top fifty.
Looking at the top one hundred there is alone one altcoin sailing on fomo appropriate now and that is Factom which has jumped about 14% overnight. Insight Chain and Electroneum accept additionally fabricated 6% on the day. Dumping adamantine is Nasdacoin which is predictably bottomward all of its contempo assets in a archetypal pump and dump pattern. Mithril, Nano and Ravencoin are all in affliction accident added than 8% on the day.
Total crypto bazaar assets is shrinking, 2.3% absent aback the aforementioned time yesterday. Currently at about $181 billion, markets are at the aforementioned akin as they were in October 2017, but activity in the added direction. Bitcoin’s ascendancy has managed to get aback to 53% admitting it accident 13.5% aback aftermost weekend, crypto markets as a accomplished are bottomward 15% in the aforementioned period.
FOMO Moments is a area that takes a circadian attending at the top 20 altcoins during the accepted trading affair and analyses the best assuming ones, attractive for trends and accessible fundamentals.
