Brought to you by Huobi Research Weekly – published by Huobi Research of Blockchain Application.
Huobi Research of Blockchain Application generates a weekly cryptocurrency market review report called Huobi Research Weekly.
This week, the overall market capitalization for the top 100 cryptocurrencies decreased, with 81 projects decreased in value to varying degrees. According to coinmarketcap, as of December 16th, 2018, the total market cap of the top 100 cryptocurrencies was 103.77 billion U.S. dollars, decreased by 6.55% from last week, among which, FCT had the largest decreased of 43.31% in market cap, bringing its market cap ranking to No.53. In addition, there were 4 projects that entered TOP100, namely, PAY (increased 88.17%, now No.67), DCN (increased 47.64%, now No.80), HC (increased 15.12%, now No.86), and XIN (increased 9.08%, now No.95). As of December 16th, 2018, Bitcoin was traded at 3272.31 USD, 6.27% lower than its price last week. Ethereum was traded at 86.46 USD, 6.31% lower than its price last week.
The overall 24h trading volume decreased this week. Overall, the 24h trading volume decreased by 27.24% compared with the same period of last week. In this week, 19 of the top 100 projects increased by more than 20% in 24h trading volume, led by DEX with a weekly increase of 4271.98%; there were 50 projects that saw over 20% decrease in their 24h trading volume, led by Golem, with a decreased of 96.29%.
The top 10 cryptocurrencies’ market share distribution remained stable. On December 16th, the overall market cap of the top 10 cryptocurrencies was 88.51 billion USD, down by 6.59% from last week, accounting for 85.29% of the total market capitalization of cryptocurrencies, similar to last week. BTC’s dominance was 54.95%, up by 0.17% from last week.
Read Full Report Here: Huobi Research Weekly 12.10 – 12.16