Coinmarketcap

It seems that male dominance in the cryptocurrency industry may soon be over. The coronavirus outbreak has triggered a massive influx of female investors.

On June 13, the world's most-referenced price-tracking website, CoinMarketCap, has provided wrong data for most of the cryptocurrencies including their market caps, dominance and others. This wrong data was misleading the community especially those who want to sell, buy or invest in certain cryptocurrencies.

CoinMarketCap has removed a range of South Korean exchanges because they were trading Bitcoin and Ethereum at higher prices. The move has triggered a BTC and ETH price drop. However, now the two flagship cryptos seem to be regaining their value.

It looks like February was a bullish month for most of the top 100 cryptocurrencies in the market. In the past 30 days, out of 100 top coins, there are just 3 cryptocurrencies that are trading in red – meaning the rest are all in green (they did not decline in price). Let’s analyze the 5 biggest losers among the top 100 digital currencies in the industry.

CoinMarketCap (CMC), a global cryptocurrency data provider platform, has introduced new indicators to screen out the amount of false transactions and inflated volumes in the digital currency market.

Binance announced the acquisition of CoinMarketCap which will now officially become its daughter company. Although CoinMarketCap has claimed to remain independent, the community anticipates there might be changes in its operation.

In October 2019, Bitcoin, Ethereum, Ripple, Monero, and many other cryptocurrencies on coinmarketcap show bearish trends. However, cryptocurrency investors have no time to wait till the market rise again.

The cryptocurrency market continues to show bullish price rally as almost all the top 100 digital currencies remain trading in the green, at press time, according to the coinmarketcap (CMC) data. Bitcoin (BTC/USD) is currently trading above $8,700 and shows a possibility of hitting and surpassing the $9000 price level, should we assume that the next bull is on the market’s door knocking.

CoinMarketCap (CMC), the crypto market data service provider, has excluded Bitfinex’s Bitcoin (BTC) price calculation from their weighted average market cap statistical analysis due to the troubles on the exchange. CMC evaluates and examines all activities on its platform by taking a vigilant observation of the chain of prices it collects from various crypto exchanges.