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Market Watch August 19

Mandy Williams Aug 19, 2018 09:09

Bitcoin and Ethereum

Bitcoin continues to hold a position within the range of $6,000 – $6,500. At the time of writing, the world’s largest cryptocurrency trades at $6,361, losing 1.90% in the last 24 hours trading period, a little drop caused by the volatile crypto markets. Ethereum, on the other hand, still battles at $296, losing 4.17% in the last 24 hours.

The total market cap is $212 billion

Bitcoin’s market cap is $110 billion

BTC dominance at 51.9%.

Major Crypto Headlines

Uber’s Largest Shareholder SoftBank Denies Deal With Bitmain, Other Investments Uncertain

Pornhub Subsidiary to Reward Viewers With Crypto Tokens

United Kingdom’s FCA releases a report about the rise in cryptocurrency scams

Significant Gainers And Losers

Parkgene (+29.52%)

Parkgene (GENE) was the most significant gainer in the crypto markets over the last 24 hours of trading. Many investors had wondered the reason behind the recent surge in the price GENE because the value of the token has been mostly down in the last 30 days after a 90% dip from of its ICO. The recent high could be that the project is receiving a lot of attention. At press time, GENE is up by 29.52% against the USD, selling at  $0.005 with a 24h trading volume of $154,828 across exchanges.

CEEK VR (+25.28%)

CEEK VR (CEEK) saw 25.28% gains against the US dollar with a market price of $0.014494 and a 24hrs volume of $148,032. A market cap of $5,038,149 shows a significant increase compared to the 3.3b market cap in the last few days when ETH was down to $260. While the recent high is as a result of market volatility, rumors say there is an upcoming announcement this Monday as well as a new exchange listing.

Plancoin (+25.72%)

Plancoin (PLAN) is also in green by running 25.72% up against the USD in the last 24h and currently trading at $0.004749. It was just another good day for investors in the crypto market. PLAN has been on a high performance last 7 days, and the previous trading period was another profitable day. At press time, PLAN has a total market cap of $174,528 and a trading volume of $133,752.

Namecoin (-24.25%)

Namecoin (NMC) is in red with a decline of 24.25% against the USD at the end of the last 24 hours of trading. At the time of writing, NMC trades at  $1.11 with a 24-hour volume of $123,926 and a market cap of $16,399,331. The steady fall in the market price of NMC over the last 24 shows that selling activity is very low. Namecoin project team needs to put more efforts into market publicity.

Cryptocurrency charts by TradingView

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Mandy Williams

Mandy Williams is a full-time reporter at CryptoPotato. She joined the cryptocurrency space in early 2017 during her search for financial freedom and has remained devoted to the industry. Contact Mandy: Twitter