All eyes have been on Bitcoin in recent weeks as it continues to consolidate. Ethereum prices have practically mirrored what its big brother has done and analysts have eyed a clear head and shoulders pattern which could lead to further declines.Ethereum made it back over $260 a few hours ago but has started to fall back again during today’s Asian trading session. The 1.5 percent slide has taken ETH back around $255 which is still higher than it has been for most of the past week.According to Coinmarketcap.com Ethereum did drop below $230 briefly on Monday when crypto markets saw red. For the past few weeks however ETH has been range bound, trading between $230 and $270, largely following the movements of Bitcoin which has been hovering just below $8k.Ethereum Head and Shoulders Pattern ClearAs usual the analysts have been eyeing the charts looking for patterns and one has depicted the clear formation of a head and shoulders.“Forgive my drawing skills, but this is a classic Head and Shoulders pattern. Now, patterns can fail, but this gives you an idea of what I am thinking and what will negate it.”$ETH Daily ChartForgive my drawing skills, but this is a classic Head and Shoulders pattern. Now, patterns can fail, but this gives you an idea of what I am thinking and what will negate it.#ETH pic.twitter.com/O7UguanTpR— CryptoFibonacci (@CryptoFib) June 14, 2019The pattern is a classic bearish reversal which usually leads to further declines below the neckline, currently at around $230 which is also the bottom of the recent Ethereum trading range. ‘CryptoFibonacci’ has also noted a classic volume decline which usually accompanies this pattern. Since the beginning of the month ETH volume has declined from over $13 billion down to $8 billion where it currently remains.A break above $275 and retest of $280 could negate the pattern but that is only likely to happen if Bitcoin can break $8,200 and hold above it.Not all are bearish though, full time crypto trader and analyst ‘Financial Survivalism’ has depicted a bull flag and early signs of a parabola instead of the head and shoulders;This $ETH chart is why I am wiring money to @Gemini tomorrow morning pic.twitter.com/bvll97g52F— Financial Survivalism (@Sawcruhteez) June 14, 2019Most are in agreement that, like Bitcoin, any short term declines will lead to further accumulation which is likely to drive a bigger run in the coming months. Ethereum back over $300 is not too far-fetched looking at recent performance.Fundamentally, the phased Serenity upgrade is still several months away. The first phase, Beacon Chain, will manage the Casper Proof of Stake protocol for itself and all of the shard chains. This is expected to be launched later this year according to the Ethereum roadmap.In the short term ETH could fall back to $200 if the head and shoulders pattern plays out but longer term gains are virtually guaranteed. At the time of writing Ethereum was trading at $255, down 1.5 percent on the day.Image from Shutterstock
Crypto markets still range bound; Bitcoin, BCH and BSV moving marginally, Litecoin, BNB and ADA fall back. Market WrapIt has been another day of consolidation for crypto markets as they end the week flat. Very little movement outside of the channel has occurred this week as total market capitalization has been range bound around the $250 billion level. Things have picked up marginally for some crypto assets but others have lost ground.Bitcoin hit an intraday high of just above $8,300 a few hours ago but pulled back to its current price of $8,230. The move is bullish but not strong enough to break the resistance at this level. Volume has picked up again and is approaching $20 billion which is a sign that further gains could be on the cards.Ethereum is still flat and holding around $255. There has been very little momentum in the ETH camp and it is down 1.5 percent on the day. Volume is declining as the head and shoulders formation reaches its closure and a drop could be imminent. Current support for ETH lies at $230.The top ten is showing more red than green during Asian trading this morning. The only two aside from Bitcoin that are up on the day are Bitcoin Cash with 2.5 percent and Bitcoin SV with 3.5 percent. The rest are in the red with Litecoin and Binance Coin dropping the most at over 3 percent each.Top twenty movements are also minimal with a couple of percent being dropped by Cardano and Tron. Gaining a similar amount are Cosmos and NEO reaching $6.25 and $13.13 respectively. The rest are plus or minus a percent or so as the crypto consolidation continues.FOMO: Chainlink Spikes on Google HintsIt comes as no surprise that today’s top one hundred top performer is Chainlink. The 43 percent spike came after Google Cloud dropped hints that it would be working with Ethereum based LINK. The Reddit feed went wild and the altcoin spiked in volume from $24 million to $390 million as the fomo frenzy gathered pace. Binance is getting the majority of trade at the moment with 67 percent.Energi is a newcomer to the top one hundred with a 30 percent pump as NRG gets listed on KuCoin. Bytom has also had a productive 24 hours with 14 percent added. As predicted the big dump is Aurora as it peaks and troughs on a daily basis, today dumping 50 percent for no obvious reason.Total market cap 24 hours. Coinmarketcap.comTotal crypto market capitalization is currently marginally higher than this time yesterday at $262 billion. Markets are still range bound however and are unlikely to see any bigger moves until Bitcoin breaks out. The push back above $8,200, albeit briefly, is a bullish sign though so the weekend in crypto land could get interesting.Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Crypto markets in general have been in consolidation for over a week, largely waiting for Bitcoin to make its next move. Litecoin, however, has not been waiting around as it continues to surge hitting a new high for over a year.Yesterday’s green has been followed by today’s red for Bitcoin and the majority of altcoins. The only one bucking the trend is Litecoin which continues to push higher as halving fomo intensifies. A few hours ago during early Asian trading LTC hit $140, its highest price since mid-May 2018. The move has added a further 10 percent to Litecoin over the past few hours. It has since leveled out at around $139.Litecoin prices 24 hours – coinmarketcap.comMarket cap has now reached $8.6 billion eclipsing both Bitcoin Cash and EOS which were above LTC just a few weeks ago. Daily volume is at $5.6 billion and there seems to be no stopping the Litecoin train at the moment.Litecoin’s Next Move?Traders and analysts are looking towards the charts again for possible areas of resistance and profit taking opportunities. Trader ‘CryptoFibonacci’ has found some short term resistance where the Fibonacci levels line up;“Very impressive, but running into some short term Fib extension resistance. Could still hit mid 140’s, but I expect a retrace here in the next couple of days.”$LTC Daily Chart.Very impressive, but running into some short term Fib extension resistance. Could still hit mid 140’s, but I expect a retrace here in the next couple of days.#LTC pic.twitter.com/6NzdCs24Y1— CryptoFibonacci (@CryptoFib) June 12, 2019The next major area analysts are expecting for LTC is $150 where a lot of short term traders will be taking profits. The will cause a pullback which is inevitable. For now at least Litecoin appears to have decoupled from Bitcoin and is making independent progress while its big brother failed to break out of its range bound channel.Trader Josh Rager has also been eyeing the charts and has noticed that the $150 area is significant both technically and psychologically;“All you Litecoin fans must be happy about LTC breaking the current resistance on the daily. $125 has now flipped to support. Wouldn’t be surprised if LTC made its way up to $150 which will be strong resistance on the weekly and psychological take profit area,”Halving in 54 DaysLitecoin halving is now only 54 days away and while the likelihood of a correction before then remains high, the price could be driven a lot higher on the wave of fomo currently going on. LTC father Charlie Lee has been pretty quiet lately but has certainly not ignored the epic performance of his baby posting this mining profitability update a couple of days ago;Litecoin block halving is in 56 days! https://t.co/EBWbsIUp47Here are some stats on mining profitability. After halving, miners are still profitable with electricity under 10¢. Many are paying only 5¢ and therefore should keep mining LTC post-halving. (https://t.co/AcQPEjdNtb) pic.twitter.com/VtA9aAv7FS— Charlie Lee [LTC⚡] (@SatoshiLite) June 10, 2019Litecoin has blitzed its brethren and has been one of the top performing crypto assets of 2019. Since January 1 LTC has surged over 350 percent and it is now back to around 60 percent off its all-time high, which is way better than some of the others still languishing at 80 percent down. $150 Litecoin is not far away and the possibility of $200 before halving remains strong.Image from Shutterstock
Crypto markets remain sideways; Litecoin still surging, BNB and Cardano doing well, Bitcoin and ETH flat. Market WrapAs the crypto consolidation continues markets have fallen back again following a day of minor gains. There is still no sign of this correction that everyone is expecting as total market capitalization remains above $250 billion and Bitcoin remains sideways.Bitcoin fell back to $7,780 yesterday before recovering back to $8,050 during Asian trading today. As was the case yesterday, BTC dropped back below $8k pretty quickly and is still trading there, flat on the day. Unless the bulls can take it above $8.2k BTC will remain range bound.Predictably Ethereum has also done absolutely nothing and remains trading at $248, a fraction higher than it was this time on Tuesday morning. ETH is still hopelessly tied to Bitcoin and is likely to remain so until some fundamentals kick it into gear.The top ten is a mixed affair during the morning’s trading session. Many altcoins have not moved at all since yesterday but one is showing a lot of strength with a 34 percent gain on the week and another 9 percent added today. Litecoin has turned $125 from resistance into support and has surged to $140 as the halving fomo heats up. Analysts expect LTC to reach $150 before traders start taking profits and it retraces a little. Binance Coin is the only other one moving with a 4 percent gain to reach $33.The top twenty is looking equally mixed today with Cardano leading things adding 5 percent to $0.088. Tron, IOTA and NEO have notched up a further 2 percent each but the rest remain flat, unchanged from yesterday.FOMO: Egretia EmergesEntering the crypto top one hundred with a spike of 30 percent is EGT which is now priced at $0.015. OKEx is driving momentum for this Singapore based video gaming token with a series of giveaways.A Breaking News: 5 Million EGT Giveaway!!!
11:00 am June 11th - 11:00 am June 18th in OKEx
More details: https://t.co/jn3pTaOv17 #egt #okex #airdrop #gaming #blockchain pic.twitter.com/DOFzalUUKz— Egretia (@Egretia_io) June 10, 2019Zcoin is also on a pump today as XZC adds 20 percent largely driven by crypto exchanges in Thailand. WAX is the third best performer today with a rise of 11 percent. Such a surprise at the red end – it is Aurora again dumping 23 percent; this altcoin is so predictable that everyone should be trading it.Total market capitalization 24 hours. Coinmarketcap.comTotal crypto market capitalization is up a tiny fraction from yesterday at $256 billion. The mini $6 billion dump was quickly recovered meaning that markets are still at the same level and still consolidating. Nothing is likely to happen until Bitcoin makes a bigger move, its dominance has been steadily eroding this month and it is now down to 55.4%.Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Just when traders and analysts were expecting the drop to accelerate following the formation of a head and shoulders pattern, and Bitcoin’s biggest weekly red candle since November, it did the opposite. The volatile and often fickle nature of crypto markets is still very hard to predict which has left many scratching their heads as to where Bitcoin will go next.Bitcoin bounced back in one swift move during late trading yesterday. From an intraday low of $7,650 BTC spiked to just above $8,000 in less than an hour. The 4.5 percent pump has kept Bitcoin within its weekly consolidation channel and the bigger correction has yet to materialize.The move puts Bitcoin back to exactly the same place it was this time last Tuesday. However, unless it can top $8,200 and retest previous highs the likelihood of another drop remains high. As usual the traders and analysts on crypto twitter have been looking at the next move for Bitcoin.Where Next For Bitcoin?One has depicted two possible scenarios, which is pretty obvious since consolidation cannot go on forever. On the upside Bitcoin could retest $8,700 before a sharp pullback and on the low side is a drop back to $7,400 again where it went several times last week.The big 30 – 40 percent correction support still lies around, or just below, the $6k zone.$btc 2 key scenarios imo
‘bullish’->retest of 8.7k before drop
bearish->7.4k range lows breakdown; downtrend accelerationtwo zones for correction to end imo:
‘bullish’->5.7-5.9k (~35% retracement)
‘bearish’->5-5.4k (~40% retracement)History says: 30-40% pic.twitter.com/FOWLCj6xwd— Crypto₿irb (@crypto_birb) June 10, 2019Head and Shoulders Or Not?Chart guru Peter Brandt also referred to the formation of the head and shoulders but maintained that it was incomplete after depicting it in an earlier tweet;“I do NOT believe this is a H&S top in $BTC. When will the rookie chartists who know nothing about charting learn that a H&S formation is NEVER a H&S until it is completed and confirmed.”This may be true and the formation has yet to complete with a breakout, but the two bearish candles on the weekly chart as reported by NewsBTC yesterday do indicated that a reversal could be imminent. Until that happens though, we are left with speculation as to the next move for Bitcoin. Chart analysis is simply that; an attempt to predict the next move by looking at previous ones.Others disagreed with Brandt and join the calls for that big correction before any larger upwards movement; “Why did you suddenly change your mind, Peter. I believe it is – And its very obvious IT IS a Head on the 3D chart.”Why did you suddenly change your mind, Peter. I believe it is – And its very obvious IT IS a Head on the 3D chart. pic.twitter.com/gvDBH15aio— D4rkEnergY 🔥🔥 (@D4rkEnergYYY) June 10, 2019The path to the downside appears to have less resistance at the moment and a correction is definitely due. Looking at historical market cycles gives a strong signal that the 30 percent plus move could be imminent, though with the fickle nature of crypto charts it may well surprise us all and do the complete opposite. That is Bitcoin!Image from Shutterstock
Crypto markets back in the green today; Litecoin still climbing, ETH doing well, XRP, XLM and NEO flat. Market WrapA lot of traders expected Monday’s red start to the week to continue and accelerate losses into Tuesday. As a testament to how fickle and volatile crypto markets can be the opposite has occurred pumping $8 billion back into the space. Total market cap is back above $250 billion again and green is the dominant colour on the crypto charts.Bitcoin made another one of its ‘Bart Simpson’ chart patterns late yesterday as it spiked around $400 in less than two hours. The move sent BTC surging from $7,650 to just above $8,000 which keeps it range bound on the week for now. Since the spike BTC has retreated back below $8k but has held gains giving it a 3.3 percent rise on the day.Ethereum mirrored the move jumping 4 percent back to $245. ETH remains coupled to its bigger brother so the next direction is likely to be dictated from above.The top ten is all in the green during today’s Asian trading session. One clear winner has emerged though as yet again Litecoin surges double digits. The halving fomo is keeping LTC strong as it pumps another 10 percent to reach $128. The rest are making 2-3 percent aside from XRP and XLM which are still static.Top twenty movements are similar with privacy coins Monero and Dash doing the best gaining over 3 percent. The rest are up marginally on the day as Bitcoin leads them forwards again.FOMO: Aurora Pumping AgainAs we have seen countless times before AOA is pumping again. This time with a whopping 80 percent as it surges into the crypto top forty. As usual nothing is driving it fundamentally so expect a dump of similar proportion tomorrow. Fantom has also entered the top one hundred with a 70 percent spike as it gets listed on Binance;Trading on @binance has commenced for $FTM. #FantomiansUnitehttps://t.co/BGySqpsBbN— Fantom Foundation (@FantomFDN) June 11, 2019Getting beat up today is GXChain, yesterday’s fomo coin, which is the only double digit loser at 11 percent.Total market cap 24 hours. Coinmarketcap.comTotal crypto market capitalization is up $8 billion today as Bitcoin drives it to $254 billion. The move has maintained the consolidation as all eyes are on BTC and its next larger shift. Whichever direction this turns out to be, will be the same one for the altcoins.Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The week has started in the red for the majority of crypto assets. Bitcoin closed the week with its largest red candle since December 2018 and analysts are predicting further losses ahead as the correction continues.From an intraday high of $7,950, Bitcoin has tumbled back below $7,600 as the Asian trading session gets under way this Monday morning. A slight recovery has taken BTC back to $7,680 but it is still down 3 percent on the day.Bitcoin Drops 10 Percent on The WeekThe weekly view has also shown a steady decline from $8,600 this time last Monday to current levels. This is a ten percent drop in the week and the largest red candle closed since the big dump in December last year.Trader ‘CryptoFibonacci’ has noticed the candle predicting further declines for BTC;“Hate to keep harping on it, but this is important. That candle pattern is a reversal pattern and must be respected,” before adding in a later tweet after it closed … “$BTC Weekly chart update. Do NOT like this candle pattern at ALL!! But, it is necessary after such a huge runup. Retraces coming. Stay safe!!”$BTC Weekly chart update.Do NOT like this candle pattern at ALL!!But, it is necessary after such a huge runup. Retraces coming. Stay safe!!#BTC pic.twitter.com/6aOUE0JPJo— CryptoFibonacci (@CryptoFib) June 10, 2019Many have eyed the $6,800 level for the next move as this is where the Fibonacci levels line up and moving average sits. For the daily picture the $7,400 appears to be the next support zone in what appears to be the ‘right shoulder’ of the chart pattern;“Heading, no pun intended, into the right shoulder of the Head and Shoulders pattern should happen soon. After that, all bets are off. Could still take a week or so to develop. Expecting choppy higher prices this week. Proceed with caution.”$BTC Daily Chart.Heading, no pun intended, into the right shoulder of the Head and Shoulders pattern should happen soon. After that, all bets are off. Could still take a week or so to develop. Expecting choppy higher prices this week. Proceed with caution.#BTC pic.twitter.com/9Z7lZoRhtP— CryptoFibonacci (@CryptoFib) June 10, 2019Parabolic Trend Line BrokenOther traders such as ‘Crypto₿irb’ have echoed the sentiment with their analysis showing that Bitcoin has now broken below the medium term parabolic trend line. The daily chart is looking increasingly weaker as Bitcoin failed to retest $8,000. This has been a key level for the bulls and failure to close above it has inevitably led to further downsides.the only short invalidation is HH above 9.2k or bullish weekly momentum cross; anything below is bearish for $btc MTF (5.2-5.6k)
scaled out earlier, booked decent profits from scalping sessions in Nest
too many redflags to keep good money on table
will scale in if signaled pic.twitter.com/vWPE0po24A— Crypto₿irb (@crypto_birb) June 8, 2019For the best part of last week Bitcoin remained consolidating around $7,800 with several dips down to support at $7,450. It is now going through another one of those dips trading at the lower end of that range.As a result, total crypto market capitalization has also declined by $10 billion or so over the past 24 hours. As usual, Bitcoin’s retreat will cause major pain for the majority of the altcoins which are currently going deeper into the red.Image from Shutterstock
Crypto markets falling back on Monday; BSV, XRP, and Tron dropping back, Litecoin and NEO stay afloat. Market WrapCrypto markets are seeing red as we begin another trading week. Most of the majors are in decline following Bitcoin’s failure to hold gains and break $8,000. Total market capitalization has dropped below $250 billion and is poised to fall further as the selloff accelerates.Bitcoin has dumped 2.5 percent on the day falling from just under $8k down to support at $7,500. BTC recovered a little during early Asian trading but is still down on the day trading at around $7,700. A big bearish signal was given by the weekly candle which was biggest drop since December at almost 11 percent.As expected Ethereum is faring no better with a slide of over 3 percent down to $235. There is strong support around the $210 area and it could soon be there if analysts are correct.The rest of the top ten is in the red as crypto declines increase. Bitcoin SV has dropped the most at over 6 percent falling back to $183. XRP is not far behind with over 4 percent lost as the Ripple token falls below $0.40 again. Bitcoin Cash, Binance Coin and Stellar are not doing much better. Litecoin has remained steady as halving fomo continues to drive LTC higher.Top twenty losses are marginally greater with Tron dumping the most at over 5 percent. IOTA, Cosmos and Ethereum Classic are all losing around 3 percent and NEO is the only altcoin in the green adding 2 percent to remain over $12.FOMO: Nebulas SkyrocketsA massive dose of fomo has hit NAS today as it shoots up 45 percent. The autonomous smart asset platform does not appear to have anything fundamentally driving it aside from yesterday’s Nebulas Council Election Assistance Campaign launch;Want to be part of the Nebulas Council but need more community assistance? Then this program is for you with 15 million $NAT up for grabs!
Take a look & let us know what you think,Good luck candidates!https://t.co/CnbCDEmB6o— Nebulas.io (@nebulasio) June 8, 2019Also getting a pump today is GXChain which has surged 36 percent and NULS up almost 20 percent. At the messy end of the crypto top one hundred is HyperCash dumping 13 percent while Ravencoin gets hit 9 percent on the day.Total market cap 24 hours. Coinmarketcap.comTotal crypto market capitalization has declined $5 billion since this time yesterday. It is now at $247 billion with a daily volume of $62 billion. Over the week markets are down 8.5 percent as over $20 billion has left the space. With Bitcoin poised to fall further the pain is likely to continue this week.Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
Crypto markets have continued with their consolidation, waiting for Bitcoin to make a move. There are very few crypto assets doing anything today, but Litecoin is one of them, lifted further as the halving approaches.60 Days To Litecoin HalvingIn the past few hours Litecoin has started to move upwards again. From $102 a few hours ago LTC surged to an intraday high of $113 marking a jump of almost 11 percent. Daily volume has climbed over $5 billion pushing market cap up to $7 billion.Litecoin has recovered almost all of its losses over the past week whereas big brother Bitcoin is down almost 7 percent over the same period. Crypto trader going by the handle ‘CryptoFibonacci’ has been eyeing the LTC charts for some time predicting that it will continue to rise;“Said last night that I liked the price action. I still like it. Expecting another retest of 122-124 area fairly soon, IMO.”$LTC Daily Chart.Said last night that I liked the price action. I still like it. Expecting another retest of 122-124 area fairly soon, IMO.#LTC pic.twitter.com/NAG8eXRNgr— CryptoFibonacci (@CryptoFib) June 7, 2019The support zones can be clearly seen at the moving averages and the next resistance level is just over $120 as mentioned. With the current bullish momentum, further upsides for LTC are likely regardless of what Bitcoin does next.There is little doubt that the Litecoin halving, which is only 60 days away now, is driving momentum. After this date the block reward halves from 25 to 12.5. This has the perceived effect of decreasing the supply while increasing the difficulty to mine new coins. Halving has been written into the code to control inflation and prolong network longevity. Current LTC inflation is 8.83% whereas after the halving it will drop to 4.26%. Halving events always have a bullish run up and the same is expected to occur for the Bitcoin halving in May 2020.Additionally LTC hash rate is at an all-time high of 374T as is difficulty. This is a measure of computational horsepower on the network and number of miners supporting it, which also extremely bullish for demand and price.$200 By August?So far this year Litecoin has outperformed the majority of its brethren, surging 275 percent from $30 on January first. LTC has recovered all losses from the bear market and is back at the same price it was this time last year. The only difference now is that the trend is up so further gains are virtually guaranteed.There is a strong possibility that Litecoin could reach $200 by halving date on August 6th. Considering it went parabolic in December 2017 pumping from $100 to over $360 in less than two weeks on pure fomo, a move from here to $200 does not appear that farfetched. At the time of writing Litecoin was trading at $113, boosted 10 percent during the Asian trading session. The next 60 days are going to see a lot of action on the Litecoin charts.Image from Shutterstock
Crypto markets inch up slowly; Litecoin and Tezos on a charge, BSV falling further back. Market WrapAs we end another week in crypto land markets are starting to pick up a little. There has been no major breakout for Bitcoin yet but some of the altcoins are doing well and green is back in the tables. As a result total market capitalization is back over $250 billion again.Yet again Bitcoin pushed just above $7,900 for an intraday high before pulling back. It subsequently dropped below $7,500 again hitting support for a double bottom. At the time of writing BTC is back to $7,900 trading flat on the day.Ethereum has done virtually nothing over the past 24 hours and is still lulling just below $250. ETH is very unlikely to move until its big brother does, and it will definitely be in the same direction.There is a little more activity in the top ten during today’s Asian trading action. Green dominates over red and Litecoin is the clear leader with a push of 10 percent to $113. Less than 60 days to the halving is driving momentum for LTC which is likely to climb higher in the coming weeks. Market cap has now surpassed $7 billion and it is very close to flipping BCH for fourth. XRP is the other mover today as it gains 5 percent as rumors of a MoneyGram buyout circulate. BSV continues to get dumped.The top twenty cryptos have seen a lot of movement from Tezos which has surged 14 percent to $1.36. There does not appear to be a lot fundamentally feeding the fomo aside from rumors that Coinbase Custody is loading up on XTZ. The rest in this section are a percent or two in either direction today.FOMO: Metaverse ETP PumpsETP is getting another spike today as it rises 16 percent following a recent Finwise event in Hong Kong. Aside from Tezos, HyperCash is also doing well gaining 13 percent on the day and Decentraland is up 11 percent.Getting dumped at the messy end of the crypto top one hundred is Maximine Coin sliding 18 percent. Yesterday’s pump, SOLVE, is today’s dump as it drops 14 percent and the crypto stalwart MaidSafeCoin is losing out on the day sliding 11 percent.Total market cap 24 hours. Coinmarketcap.comTotal crypto market capitalization has picked up marginally, adding $3 billion to reach $253 billion. Volume is at $70 billion and the minor move not been enough to signal a wider break out yet. All eyes are still on Bitcoin which has dropped back in dominance slightly at the expense of Litecoin.Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.