Huobi Pro Weekly Cryptocurrencies Market Review (Vol.1)

Huobi Academy Blockchain Application delivers a weekly cryptocurrency market review report called Huobi Research Weekly which informs of technical market indicators such as market value of Top 100 cryptocurrencies – down 21%, recent price movements, trading volumes (fell 13.5%), hash rates, mining difficulty (slight increase), rewards and pool distribution. The weekly report covers event-driven news like Blockchain technology developments, ICO activity – 23 new digital asset projects and global policy developments too. Find out more today. Huobi Research Weekly (Vol. 1) is available below in the attachment.

Market capitalization of Top 100 Blockchain assets down 21%

Total market capitalization of the Top 100 Blockchain assets dropped 21% in the past week, with 78 projects rising more than 20%. Projects Nexu and Storj entered the Top 100 this week. Their entry was not due to market value gains, but not losing as much as the other coins. Nexu and Storj lost 3.77% and 3.51% respectively.

24-hour trading volume of Top 100 Blockchain Assets down 13.5%

Trading volume tumbled across the board with only 22 of 100 cryptocurrencies being traded more week on week. Byteball Bytes trading volume increased 194%, while Iconomi trading volume tanked 94%. The general downtrend of 24-hour trading volume suggests that traders are wary of the price trends and reserve trading for now.

Huobi Academy Blockchain Application delivers a weekly cryptocurrency market review report called Huobi Research Weekly which informs of technical market indicators such as market value of Top 100 cryptocurrencies – down 21%, recent price movements, trading volumes (fell 13.5%), hash rates, mining difficulty (slight increase), rewards and pool distribution. The weekly report covers event-driven news like Blockchain technology developments, ICO activity – 23 new digital asset projects and global policy developments too. Find out more today. Huobi Research Weekly (Vol. 1) is available below in the attachment.

For more in-depth analyses on price movements, technical data and events-driven news, read Huobi Research Weekly Vol. 1 below in the attachment. The report is currently free to download. The data in this article is produced in collaboration with Huobi Academy Blockchain Application.

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Download the Full report in the following languages below:

EnglishHuobi Research Weekly Vol.1

Chinese – 火币区块链行业周报 Vol.1

Posted by Huobi Blog