Ethereum Market Report: $ETH Sinks to Quarterly Low

Source: Digital Money Times, originally published on .

http://digitalmoneytimes.com/ethereum-market-report-eth-sinks-to-quarterly-low/.

Brief:


Ethereum sinks to the low for this quarter ($ 450.10). Bitcoin continues its bearish trend dragging $ ETH along with it. Bitcoin is down -2.87% on a last $ BTC price of $ 6,393.10. Ethereum is down -3.84% in 24 hours, down -21.26% on the week and down -30.10% on the month on a last price of $ 477.70. The Ethereum marketcap is $ 47,798,409,297 with a circulating supply of 100,059,471 $ ETH. $ ETH/USD is trading between a 24hr high of $ 500.51 and a 24hr low of $ 450.10 on a 24hr Bitfinex volume of $ 164,306,000. This trading volume is heavy. The weekly price trend is down.

Last price

477.70 $ ETH/USD

$ USD

last price $ 477.70
one week ago $ 606.66

Price change

Price change is the $ ETH percentage change within the period:

period change
day -3.84%
week -21.26%
month -30.10%

Volume

Volume

$ ETH 24 hour volume
USD $ 164,306,000
all $ ETH currencies $ 2,067,070,000

The 24 hour volume for $ ETH/USD on Bitfinex is $ 164,306,000. This volume weight is heavy when compared with Bitfinex daily trading levels for $ ETH over the last month.

The total 24 hour volume for all reporting $ ETH markets is $ 2,067,070,000.

Market Share

The Bitfinex currency pair $ ETH/USD is 7.95% of all $ ETH traded in twenty-four hours. Bitfinex tops the market with its $ ETH/USD pair.

Top $ ETH Pairs
Tap/click for detail:

Remarks

Ethereum sinks to the low for this quarter. Bitcoin continues its bearish trend dragging $ ETH along with it. Bitcoin is down -2.87% on a last $ BTC price of $ 6,393.10. Ethereum is down -3.84% in 24 hours, down -21.26% on the week and down -30.10% on the month on a last price of $ 477.70. The Ethereum marketcap is $ 47,798,409,297 with a circulating supply of 100,059,471 $ ETH. $ ETH/USD is trading between a 24hr high of $ 500.51 and a 24hr low of $ 450.10 on a 24hr Bitfinex volume of $ 164,306,000. This trading volume is heavy. The weekly price trend is down.

Two billion dollars of ether ($ ETH) changed hands in the world market in the last twenty-four hours.

Today’s low is the lowest of the month. The weekly high was the first entry in the weekly period. This forebodes more of the same direction for the immediate future, notwithstanding any micro changes.

It’s been many months since ether last saw a prolonged uptrend. The last time traders had anything to cheer about was in April 2018. That uptrend ran through to early May. The rally started at $ 370.67 and topped out at $ 814.27.

Today’s last price by comparison falls short of that $ 370.67 low while suggesting there could be another hundred dollars of freefall before ether finds its next sustainable support level.

One Year $ ETH Chart

$ ETH One Day Candles

Browse Ethereum Collection

Learn about the unique characteristics of $ ETH. Browse our collection of Ethereum Market Reports.

Thursday June 14 2018 Bitcoin Background

Altcoins such as Ethereum ($ ETH) may show a relationship with Bitcoin ($ BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
-0.78% price $ 6,526.61
vol $ 5,354,360,000
mktcap $ 111,552,002,294
17.09M #XBT 04:00

http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

Ethereum sinks to the low for this quarter. Bitcoin continues its bearish trend dragging $ ETH along with it. Bitcoin is down -2.87% on a last price of $ 6,393.10. Ethereum is down -3.84% in 24 hours, down -21.26% on the week and down -30.10% on the month on a last price of $ 477.70.
Ethereum sinks to the low for this quarter. Bitcoin continues its bearish trend dragging $ ETH along with it. Bitcoin is down -2.87% on a last price of $ 6,393.10. Ethereum is down -3.84% in 24 hours, down -21.26% on the week and down -30.10% on the month on a last price of $ 477.70.

Data sources

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Main Data Source

Bitfinex is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Bitfinex.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com

Other sources are credited where used.

Market capitalization

Market capitalization is the total $ US dollar value of the Ethereum market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 47,798,409,297
Circulating supply 100,059,471
Last price $ 477.70

Daily High Low

daily high 500.51 USD
daily low 450.10 USD

Trend

The weekly trend is down.

trend is DOWN

Trend is “down” when the weekly price movement is predominantly downwards.

Resistance

Resistance is the highest price within the period:

period resistance
day 500.51 USD
week 606.66 USD

Support

Support is the lowest price within the period:

period support
day 450.10 USD
week 450.10 USD

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Top % Cryptocurrency Losers
% Change 24h
$ LOOM -17.08%
$ WAVES -13.41%
$ QASH -9.37%
$ CTXC -9.35%
$ DCN -8.98%
$ BIX -8.86%
$ RDD -8.47%
$ FSN -8.44%
$ POLY -8.38%
$ THETA -7.49%

2018-06-14 03:43 UK

http://kittybitcoin.com/cryptocurrency/

Summary

Ethereum sinks to the low for this quarter. Bitcoin continues its bearish trend dragging $ ETH along with it. Bitcoin is down -2.87% on a last price of $ 6,393.10. Ethereum is down -3.84% in 24 hours, down -21.26% on the week and down -30.10% on the month on a last price of $ 477.70. The Ethereum marketcap is $ 47,798,409,297 with a circulating supply of 100,059,471 $ ETH. $ ETH/USD saw weekly resistance at $ 606.66 USD and weekly support at $ 450.10 USD. Market sentiment is bearish. The weekly price trend is down in daily heavy volume trading.

Cryptocurrency Storage Safety

Don’t RISK your crypto on an exchange. Use a COLD STORAGE bitcoin safe from Trezor.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Thursday June 14 2018 02:31 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

Ethereum, $ ETH, USD, Bitfinex, Market, Report, $ ETH/USD, altcoins

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The post Ethereum Market Report: $ETH Sinks to Quarterly Low appeared first on Digital Money Times.

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