Welcome to our first issue of This Week in Crypto!
This week the total market cap hit an all-time high of $835 billion (at close 7th Jan), climbing an incredible $200 billion from the 1st Jan. Almost all coins did well in the first week of the year – whether this is more people getting into cryptocurrency or perhaps just mirroring of the traditional stocks and shares rally that usually starts a new year is yet to be seen.
Bitcoin: The biggest and original coin, led the rally with an increase from $14,100 to a close of $16,275
Ripple: New in at number #2, crypto’s biggest centralised coin went from $1.94 to $2.63
Ethereum: Long-term contract coin, Ether finally managed to break the four-figure mark and closed at $1,002, up from $760 days earlier
Bitcoin Cash: “BCASH” also managed a modest increase from $2358 up to close at $2580
Cardano: Newcomer to the cryptocurrency world and offering everything, up from $0.72 to $1.01
- Total cryptocurrencies: 1,384
- Market cap: $817,000,419,552
- BTC dominance: 33.1%
Top 15 cryptocurrencies as by market cap:
Market cap increase by coin for the last week:
On CoinGuide we had our first week! We launched our Crypto Project 2018, which you can see how our investment of $2,500 over 25 coins is doing.
Additionally, we launched our social media channels. Make sure you follow us:
We’ll be back next week with another update on Sunday, 14th January!