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Market Watch August 16

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Bitcoin and Ethereum

Bitcoin has recorded a bounce back from the support price of $6,000 which it defended brilliantly within the previous trading day. At press time, the cryptocurrency is trading at $6,384 while ETH which tested the waters above $300, slipped back to a price of $291. In general, the crypto markets hold new gains

The total market cap is $207 Billion

Bitcoin’s market cap is $111 Billion

BTC dominance at 53.3%

Major Crypto Headlines

Bank of Montreal, Teachers’ Pension Fund Trial Canadian Dollar Debt Deal via Blockchain

Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits

Reality Shares Will Join Increasingly Crowded Bitcoin Hedge Fund Arena, Says Source

Significant Gainers And Losers

Aston ( 87.87%)

Aston (ATX) recorded an 87.87% increase against the USD in the last trading day. 1 ATX currently sells at  $0.049161 or 0.00000768 BTC and a total volume of $482,103 is being traded on one exchange. The recent high is caused by the reverse HEX ICO based on Aston which is in progress with the presale starting in September.

CFun (56.36%)

CFun (CFUN) traded 56.36% higher against the USD in the last 24h. At the time of writing, the token can be bought for $0.007 with a total market cap of $2,997,327 and a 24h trading volume of $137,400. The reason for the surge could be the volatile nature of the crypto markets. On Aug 6, CFun migrated from Quantum Chain to Ethereum public chain, and it is expected that the project team will release a new version of Dapp today as previously reported.

Divi (47.71%)

Divi (DIVX) ended the previous trading day with a 47.71% gain against the USD, selling at  $0.923. This is just another good day for DIVX investors as the token has been on a good performance in the last few days. At the time of writing, DIVX has a total market cap of $5,698,854 with a 1-month high volume of $250,678 being traded across four different exchanges.

Quantum (-31.28%)

Quantum (QAU) is the most significant loser in the previous day, trading at $0.0876, a 3.28%  decline against the USD. At the time of writing, QAU has a trading volume of $173,266. The token has been performing well over the last 7 days but saw a sharp decline in the last 24 hour. This dip could be from the ongoing token swap which started June 15 and ends on September 15. Investors are advised to convert their QUA to DTR tokens before the deadline.

Cryptocurrency charts by TradingView

The post Market Watch August 16 appeared first on CryptoPotato.