RATE Group | Total Market Cap See Slight Decline, Bitcoin Keeps Holding Its Position
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Total Market Cap See Slight Decline, Bitcoin Keeps Holding Its Position

29 Jul Total Market Cap See Slight Decline, Bitcoin Keeps Holding Its Position

Posted at 20:20h in Bitcoin News by

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Sunday, July 29: crypto markets have seen diverging trends over a 24 hour period, with nine out of the ten top cryptocurrencies by market cap slightly in the green, according to Coinmarketcap.

Market visualization

Market visualization from Coin360

Bitcoin (BTC) is slightly up by less than one percent over the past 24 hours and is trading at around $8,206 at press time, with an intraday high of $8,285. The major cryptocurrency reached as high as $8,431 this week, following the crypto market rebound that started in mid-July. Holding the some of the biggest gains among the top ten coins over the past week, Bitcoin is now up almost 39 percent over the past month.

Bitcoin 1 month price chart

Bitcoin 1 month price chart. Source: Cointelegraph Bitcoin Price Index

Bitcoin’s market dominance over altcoins also keeps growing, currently amounting to almost 47.5 percent.

Percentage of Total Market Cap (Dominance)

Percentage of Total Market Cap (Dominance). Source: Coinmarketcap

Ethereum (ETH) is down a negligible percentage over a 24 hour period, trading at around $466 at press…

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