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Market Watch July 22

Mandy Williams Jul 22, 2018 07:42

Bitcoin holders will finally be hoping that the coin is back on its journey to the top mark after a slight backward movement in the past 24 hours. New gains mean the prices are at $7,398 while Ethereum stands tall at $462.

The total market cap is $281 billion

Bitcoin’s market cap is $127 billion

BTC dominance at 45.2%.

Major Crypto Headlines

Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies

Malta Regulator Tells Blockchain Companies to Wait Before Applying for Approvals and Authorization

BBVA Signs $117 million Blockchain-Powered Corporate Loan

Significant Gainers And Losers

AirToken (+60.69%)

Many coins ended the previous trading day on the green walls of the crypto markets, but AirToken (AIR) emerged as the most significant gainer in that period. AIR gained a 60.69 percent increase against the USD, trading at $0.0067. Looking at the historical data of the token, AIR struggled to maintain a market cap of $4 million in the last 7 days. However, the market cap surged to a little below $12 million in the last 24h of trading, which indicates a big pump and dump. Investors are advised to proceed with caution. At the time of writing, AirToken has a trading volume of $4,386,030 and a market cap of $7,016,510.

Bitcoin Diamond  (+57.28%)

Bitcoin Diamond (BCD), one of the hard forks of Bitcoin, emerged as the second most significant gainer in the last 24h in the crypto markets, with a 57.28 percent surge against the dollar. An apparent cause for this rise in the price of BCD is the new listing on HitBTC, one of the most advanced crypto exchanges in the world. Investors are now able to trade their BCD coins on the exchange at $3.49. At the time of compiling this report, BCD boasts of a trading volume of $2,826,760 and a market cap of $537,058,926.

Quantum Resistant Ledger (+46.96%)

Quantum Resistant Ledger (QRL) gained a 46.96 percent against the USD in the last 24h, trading at $0.74. This may be another pump and dump scheme. A quick look at QRL’s historical data in the last 30 days shows that the market cap has been struggling around $20 million to $26 million but jumped to $43 million in the last 24hour, which can be considered as an anomaly. At the time of writing, the token has a volume of $1,558,720 and a market cap of $38,459,824 .

RealChain (-41.87%)

RealChain (RCT) ended the previous day as the most significant loser in the crypto markets, trading at $0.024, a 41.87 percent slump against the dollar with a volume of $3,889,970 and a market cap of $6,829,066. RCT has been on a decline in the last 7 days, and the last 24 hour is just another bad day for investors.

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