12 December was a day full of events — several major cryptocurrencies broke its own records, the largest stock exchange, operating with a Fiat currency not cope with the load, it is the second day of trading, futures on the CBOE bitcoin, the total market capitalization of the crypt crept close to 500 billion dollars.
Bitcoin (BTC) began the day with a breakdown of the important resistance level of $17000. However, far higher to go failed and all the day the exchange rate fluctuated in the corridor 16000-17500. If you focus on the prices of the futures contracts on the CBOE, we see that for the next few months we expect the growth rate to above $18500. Of course, there’s another launch — trading futures on the CME, which may give another boost. We can already see the results — contrary to some conspiracy theories, the course is not collapsed, but not skyrocketed.
It is also worth noting that a considerable influence on today’s sluggish behavior of bitcoin could have technical difficulties of a number of exchanges — so, Bitfinex announced DDOS and website CBOE periodically refused to work (although, of course, this does not apply to the trading system of the exchange). It is also congested and the network — number of transactions in mempool stably above 100 thousand.
Ethereum, a few weeks spent at $300-400, has demonstrated unprecedented growth — only now it has grown almost 30% and set a new record, reaching $637.62 according to Coinmarketcap. This is all the more significant because for several days live severely congested — the average number of transactions pending verification is more than 20 thousand. While Coinbase, for example, due to congestion of the network temporarily ceased operations with currency.
Of course, the champion of the day — Litecoin. Literally at the weekend, he struck a seemingly serious level of $100 and was fixed at a record $150, but just two days it took him to overcome the level of $300 and securely to settle above today’s all-time-high $341.42 according to Coinmarketcap. The founder of the currency even had to warn investors about caution, Recalling the case where a lump sum LTC has lost almost 90% of the cost. But even Coinbase, stopped trading and Litecoin, are not cooled demand — it is obvious that the reputation of younger brother of bitcoin affects traders.
Another record Tuesday — DASH. The rapid growth of the currency in early December led many to consider that the potential has been exhausted, particularly given the interest in bitcoin, however, today the currency has moved higher and reached a new record level of $948.65 according to Coinmarketcap. Considering that news of last week is already reflected in the course, we have to conclude that indirectly, in the rise of the currency can be “to blame” problems on other networks.
Less spectacular but no less solid looks the success of Monero. All the while keeping approximately the same level with bitcoin, the anonymous cryptocurrency has grown to the level of $300 and the capitalization of $4 695 067 921.
And to complete the review of records want to achieve Ripple — just a month after the currency jumped to a value of $0.356221. This is not an absolute record rate reached a higher level in June of this year, however, agree that the curve drawn by the course, more than impressive. Analysts attribute this increase in the flow of demand from IOTA, the founders of which today denied rumors of a possible partnership with Microsoft. The result is IOTA reversed with Ripple capitalization Ripple took so 5th place in the overall table, according to Coinmarketcap.
The market remains highly uncertain and extremely volatile, so the rest us can only dream of.