Market Watch: Cryptos Recover, Ripple Outstands with a 8% Gains and Surpassing Ethereum

Neutral Market Watch: Cryptos Recover, Ripple Outstands with a 8% Gains and Surpassing Ethereum

Last week was quite a sad one for the crypto community as the bears suddenly hit sending Bitcoin towards $5300 for the first time in 2018. Ethereum and the other altcoins have suffered from the same fate, recording more than 13% losses, with its price pegged below $175. Other cryptocurrencies followed the same trend with some of the top 20 recording almost 20% losses.

This weekend, however, has brought little smiles on the faces of crypto enthusiasts as flashes of green spread across the markets with almost all the top 100 recovering from their loss, as of now, only a correction to the bearish market. At press time, BTC is recording a 0.95% gain with a current price of $5591 (Coinmarketcap value) while ETH trades at $175.

The total market cap is $185 billion | Bitcoin's market cap is $97 billion | BTC dominance is at 52.6%.

Ripple outstands and replaces ETH as the second biggest

Ripple XRP, for the second time in the recent two weeks, dethroned Etheruem as the world's largest altcoin by market cap amid the red markets from the previous week. This is known as "the flippening."

Interestingly, XRP is the most significant gainer among the top 20 cryptocurrencies in the last 24 hours, recording more than 8% gains. XRP currently trades at $0.51, with a daily trading volume of almost $870 million and a market cap of $20.5 billion which is more than 2 billion than Ethereum's current market cap.

XRP recent explosion could be traced to many factors, from new Ripple's partnerships with more financial institutions to FOMO and Japan's exchange Bitbank who provides XRP/JYP trading pairs. Although XRP fans are happy with the new development, the big question remains: How long can XRP hold its current position? The past two times Ripple replaced Ethereum, it hadn't hold for long.

Major Crypto Headlines

HODL: World's First Crypto ETF Goes Live Next Week in Switzerland: Whether the US SEC approves a Bitcoin ETF or not, the crypto community will welcome the first crypto ETF next week.

SEC Orders AirToken and Paragon To Refund ICO Investors: AirToken and Paragons recorded over 70% gains and 25% losses respectively after the US SEC ordered owners of the two projects to make refunds their investors.

Venezuela's Walmart "Traki" Started Accepting Bitcoin: Bitcoin fans in Venezuela can now buy clothes, food, and other stuff from a local Walmart with BTC.

Most Significant Winners and Losers

SyncFab (+62.86%)

SyncFab (MFG) is back on the green walls as the most significant gainer after the massive drop in the crypto markets a few days ago. MFG recorded a 60.57% gains during the last session, currently trading at $0.0036, with a daily volume of $247,465 and a total market cap of $588,011.

Digitex Futures (+45.25%)

Digitex Futures (DGTX) is climbing higher as a reward for extensive marketing efforts from the project team. DGTX recorded a 45.25% increase against the US dollar in the last 24 hours with a press time price of $0.07. The token market cap is currently pegged at $53,860,868 and daily volume at $805,132.

Cashbery Coin (-21.44%)

Cashbery Coin (CBC) has been on a slow decline over the last few weeks, emerging as the most significant loser in the past 24 hours. CBC price at press time is $0.149, which is more than a 21% loss on the day. The coin struggles with a daily volume of $107,904 and a market cap of $821,558.

Be the first to know about our price analysis, crypto news and trading tips: Follow us on Telegram or subscribe to our weekly newsletter.

More news for you:

11/18/2018 / 12:15:55 Source: cryptopotato

Crypto News | | ETH|XRP|Market|BTC|Trading
BTC
1 BTC=$3,440.57
XRP
1 XRP=$0.3089
ETH
1 ETH=$91.31
XUC
1 XUC=$2.16
EOS
1 EOS=$2.19
BCH
1 BCH=$87.07

News Feed 50

Coinspeaker Neutral - Hong Kong Stock Exchange Ruins Bitmain’s Plans for an IPO read more.
12/17/2018 / 12:47:22
Newsbtc Negative - Crypto Analyst: Ethereum (ETH) Investment Thesis is “Questionable” read more.
12/17/2018 / 12:45:20
Cointelegraph Neutral - Egypt’s Central Bank Conducting ‘Feasibility Studies’ Around Digital Currency Issuance read more.
12/17/2018 / 12:35:00
Coinspeaker Neutral - DDEX to Fork the 0x Protocol Eliminating ZRX read more.
12/17/2018 / 12:31:12
Cryptoglobe Neutral - #EOS Price Analysis – December 17 read more.
12/17/2018 / 12:30:00
Cointelegraph Neutral - Iran: Science and Tech Department Official Says Blockchain Can Improve National Economy read more.
12/17/2018 / 12:23:00
Ccn Neutral - Hong Kong Bitcoin Millionaire Arrested after Throwing Cash off Apartment Building read more.
12/17/2018 / 12:12:24
Coindesk Neutral - When the Tide Goes Out: Big Questions for Crypto in 2019 read more.
12/17/2018 / 12:00:33
Cryptoglobe Neutral - Who Controls Bitcoin Core: Casa CTO Jameson Lopp Explains read more.
12/17/2018 / 11:58:55
Themerkle Neutral - Bitcoin Declared Dead – For the 334th Time read more.
12/17/2018 / 11:48:02
Coinspeaker Neutral - 7th Day of Christmas at Coinbase: Everything One Needs to Know about USDC read more.
12/17/2018 / 11:33:34
Coindesk Neutral - A Year Ago Today Bitcoin’s Price Was at a Record $20k read more.
12/17/2018 / 11:20:09
Ccn Neutral - Bear Market Forces Ethereum Startup “Status” to Trim 25% of Its Employees read more.
12/17/2018 / 11:09:16
Ccn Neutral - Japanese Regulators Publish New Cryptocurrency Regulation Draft y Regulation Draft read more.
12/17/2018 / 11:06:23
Livebitcoinnews Neutral - A Decentralized Exchange Leaves 0x; ZRX Co-Founder Responds read more.
12/17/2018 / 11:00:11
Bitcoin.Com Neutral - Hit by Sanctions, Iranian Students in the UK Use Bitcoin to Bypass Banks read more.
12/17/2018 / 10:55:51
Cryptoglobe Neutral - #XRP Price Analysis – December 17 read more.
12/17/2018 / 10:45:00
Livebitcoinnews Neutral - Blame Regulation or Speculator Sell-Off… But the Crypto Community is Responsible for the Most Recent Price Drop read more.
12/17/2018 / 10:30:25
Coinnounce Neutral - Hong Kong tightening Bitcoin laws amidst the cryptocurrency market crash read more.
12/17/2018 / 10:24:20
Coinspeaker Neutral - Facebook Levies an Army of Blockchain Devs: New Crypto Economy on the Way? read more.
12/17/2018 / 10:23:41
Themerkle Neutral - Crypto Arbitrage Today: XMR, ZEC, Dash, TRX, EOS, DOGE read more.
12/17/2018 / 10:18:51
Cryptonewsreview Neutral - The cryptocurrency that’s overtaken Bitcoin as the main target of crypto jackers read more.
12/17/2018 / 10:17:17
Coinspeaker Neutral - #Bitcoin Price Analysis: BTC/USD Trends of December 17–23, 2018 read more.
12/17/2018 / 10:16:50
Coinspeaker Neutral - First Time Ever Ethereum Price Surpasses Bitcoin Cash read more.
12/17/2018 / 10:15:36
Cryptoglobe Neutral - CGCX.io to offer World’s First Blockchain-Based Investment Bank in Partnership with Archipelago Group and IBH Capital read more.
12/17/2018 / 10:15:00
Coindesk Neutral - This Brazilian Bank Is Using Ethereum to Issue a Stablecoin read more.
12/17/2018 / 10:00:49
Livebitcoinnews Neutral - #Ripple Price Analysis: XRP Near Crucial Juncture, Can Buyers Make It? read more.
12/17/2018 / 10:00:41
Newsbtc Neutral - Ethereum Hits Address Milestone But Activity and dApp Usage Down read more.
12/17/2018 / 10:00:35
Bitcoinist Neutral - Bitcoin Price Now Hinges On 50-Month Moving Average read more.
12/17/2018 / 10:00:35
Coinspeaker Neutral - Bitcoin Community Celebrates the Appointment of the New Pro-Crypto White House Chief read more.
12/17/2018 / 09:56:45
Themerkle Positive - Litecoin Price Remains Bullish After Hitting $27.5 read more.
12/17/2018 / 09:53:33
Cryptoglobe Neutral - Crypto Roundup - Facebook working on Blockchain & Crypto to fund the Mexico Wall read more.
12/17/2018 / 09:41:30
Ccn Neutral - Kaspersky Lab Says Cryptojacking Cases Have Risen 400% in 2018 read more.
12/17/2018 / 09:16:16
Cryptonewsreview Neutral - Republican Congressman suggests ‘Wall Coins’ to pay for Trump border barrier read more.
12/17/2018 / 09:08:06
Cryptoglobe Neutral - #Tron (TRX) Price Analysis – December 17 read more.
12/17/2018 / 09:01:46
Coindesk Neutral - Switzerland to Regulate Blockchain Within Existing Financial Laws read more.
12/17/2018 / 09:01:11
Newsbtc Neutral - Binance Incubator Program to Foster Innovation For Blockchain and Crypto read more.
12/17/2018 / 09:00:47
Coinnounce Neutral - Bitcoin Price: How Investor Emotions Affect Crypto Prices read more.
12/17/2018 / 08:24:26
Ccn Neutral - Hong Kong Regulators Set to Tighten Cryptocurrency Laws read more.
12/17/2018 / 08:13:51
Newsbtc Neutral - Cryptocurrency Market Update: Tether Tops Stellar Taking Fourth Spot read more.
12/17/2018 / 08:00:23
Livebitcoinnews Neutral - Former Goldman Sachs Executive-Founded CoinFi Reports on the Importance of Blockchain read more.
12/17/2018 / 08:00:12
Ccn Neutral - Crypto Market Defends $100 Billion But Traders Generally Not Optimistic read more.
12/17/2018 / 07:24:23
Cryptonewsreview Neutral - Have crypto will travel: booking site adds XRP support read more.
12/17/2018 / 07:13:28
Cryptonewsreview Neutral - Report suggests 87% of the trading volumes at top 25 cryptocurrency exchanges could be fake read more.
12/17/2018 / 07:05:17
Newsbtc Neutral - Bitcoin Price Watch: BTC Hesitates, But Recovery Seems Likely read more.
12/17/2018 / 07:00:22
Bitcoin.Com Neutral - Japan Publishes Draft Report of New Cryptocurrency Regulations read more.
12/17/2018 / 06:50:57
Cryptonewsreview Neutral - “Bitcoin is dead”, argues early cryptocurrency millionaire read more.
12/17/2018 / 06:25:38
Ccn Neutral - Ethereum Price Surpasses Bitcoin Cash for First Time Ever read more.
12/17/2018 / 06:16:35
Newsbtc Neutral - #Crypto Market Update: EOS, Bitcoin Cash, Tron (TRX), ADA Price Analysis read more.
12/17/2018 / 06:00:36
99Bitcoins Neutral - Bitcoin News Summary – December 17, 2018 read more.
12/17/2018 / 06:00:29
Negative
4.3%
Neutral
94.5%
Positive
1.0%
Mixed
0.2%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.