Regarding crypto majors, in aggregate, they are up 0.5% on a market cap weighted basis since yesterday. All the individual crypto majors were up, with the biggest outperformer being Stellar, which was up 4.32%, while Bitcoin brought up the rear but was still up 0.14% day over day. Relatively speaking, looks like Stellar is looking pretty….stellar! 😀 Momentum is a bit mixed across the majors, with 6 cryptocurrencies below their 20 day moving average and 1 above. Litecoin has the most bullish momentum, as it is currently 2.95% above its 20 day moving average, while Stellar is at the opposite end; it’s 15.06% below its 20 day SMA. For momentum and technical traders, we should note that Bitcoin Cash and Bitcoin and EOS and Litecoin are very close to their 20 SMA. Below are charts of Bitcoin and Stellar, the best and worst performers since yesterday.
Yesterday’s top Ethereum tokens: cruisebit, cdc-foundation, guaranteed-ethurance-token-extra, shelterdao. Their returns, going from the best of the bunch, cruisebit to the fourth in the group, shelterdao, are 11592.85%, 1051.43%, 667.66%, 643.19% Out of Ethereum tokens with a market cap of $1MM or more, the top performer was guaranteed-ethurance-token-extra coming in at 667.66 %. Here’s a chart of the top four performers since yesterday, and their performance over time.
In terms of the advance/decline ratio, our index of 1085 Ethereum tokens had 477 in the green for the day and 599 down for the day. Here’s a chart showing the advance/decline ratio of our Ethereum token index over time.