Overview of Cryptocurrency Market

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Overview of Cryptocurrency Market Cryptocurrencies
surely become one of the topics of today. Along
with all the money transfer roll been combined
with technology and the internet,
cryptocurrencies are really making their way
into the common lives and proving themselves to
be the beginning of an era. Some even refer to
it as the next internet'. With that being said,
it would be amazing to know that recently, the
market cap of bitcoin did exceed 70 billion.
With ever gaining popularity, it is generating
great revenues and added advantages too. What is
cryptocurrency anyway? It can be termed as
digital money which is maintained and flows over
the internet without the participation of any
bank or centralised systems. The various
cryptocurrencies available for use today are
bitcoin, Ethereum, litecoin, dash, NEM, NEO,
IOTA, Monero. The prices of these
cryptocurrencies increase or decrease daily or
even hourly. It is known that bitcoin and
Ethereum usually only have small variations and
therefore less loses. On the other hand,
litecoin and dash have been seen experiencing
good noticeable price variations.
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• The market cap of these cryptocurrencies are as
  follows
• Bitcoin
• Bitcoin is leading the cryptocurrencies with a
  market cap of around 69,333,197,783 USD. The
  24-hour moving volume for this is 1,165,480,000
  USD. Bitcoin has been experiencing a circulating
  supply of around 16,604,487 BTC. The price per
  bitcoin is 4,175.57 USD.
• Ethereum
• Ethereum dabs the second place with a market cap
  of around 27,469,678,856 USD. With a 24- hour
  moving volume of 274,784,000 USD. With a
  circulating supply of around 94,958,134 ETH, it
  is priced at 289.28 USD per Ether.
• Ripple
• At number 3, lies the Ripple with a market cap of
  around 8,541,512,562 USD. Taking a 24-hour
  moving volume of 274,386,000 USD. It is
  presently having a circulating supply of around
  38,343,841,838 XRP with pricing starting at
  0.222761 USD per XRP.
• Bitcoin Cash
• The Bitcoin Cash holds a market cap of around
  5,817,295,707 USD, with a 24-hour moving volume
  of about 293,491,000 USD. With a circulating
  supply of 16,662,263 BCH, it is priced at
• 349.13 USD per BCH.
• Litecoin
• Litecoin currently dabs a market cap of around
  2,700,562,523 USD, with a 24 hour moving volume
  of 81,585,600 USD. It presently has a
  circulating supply of 53,236,132 LTC, and a price
  of 50.73 USD per LTC.
• Dash
• Dash is right behind Litecoin with a market cap
  of around 2,271,382,776 USD. It has a 24-hour
  moving volume of 42,673,400 USD and is currently
  circulating a supply of 7,602,242 DASH, and a
  price of 298.78 USD per DASH.
• NEM

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• NEM holds a current market cap of around
  1,923,390,000 USD and a 24 hour moving volume
  of 2,319,530 USD. It currently has a circulating
  supply of 8,999,999,999 XEM and is priced at
• 0.213710 USD per XEM.
• NEO
• NEO holds the market cap of around 1,473,965,000
  USD, along with a 24-hour moving volume of
  62,425,800 USD. It presently has a circulating
  supply of 50,000,000 NEO, and a price of
• 29.48 USD per NEO.
• IOTA
• IOTA again dabs a current market cap of around
  1,456,034,703 USD, along with a 24-hour moving
  volume of 8,346,040 USD. It is currently having
  a circulating supply of 2,779,530,283 MIOTA, and
  a price of 0.523842 USD per MIOTA.
• Monero
• Monero comes at number 10 with a market cap of
  around 1,350,173,947 USD. It has a 24-hour
  moving volume of 27,559,900 USD with the current
  circulating supply of 15,173,477 XMR, and a
  price of 88.98 USD per XMR.
• As is clear from the records above, the
  cryptocurrency market is going towards only one
  direction, and that is upwards. Although all the
  digital currencies run in the competition and are
  being ranked based on their circulation, new
  digital currencies are also being created.
  Without a doubt, Bitcoin and Ethereum continue
  to be at the 1st and 2nd place, respectively.
  With the enormous popularity that the bitcoin
  has gained, there seems to be no chance for any
  of the lower currencies to beat it anytime soon.
  Preference goes the most with it since it has
  been seen fluctuating the least. However,
  competition manages to grow and the
  cryptocurrency market, in general, continues to
  gain fame and recognition.