Ethereum

Ethereum Market Report: $ETH Deflates Near Monthly Low

Brief:


Ether is deflating and nears a monthly low. Ethereum is down -0.38% on the day, down -9.23% on the week and down -38.77% on the month on a last price of 0.08680597 or about $180.09. $ETH/BTC is trading between a 24hr high of 0.09146884 and a 24hr low of 0.08648282 on a 24hr volume of 25,935 BTC. The weekly trend is mixed.

Last price

0.08680597 $ETH/BTC

$USD

last price $ 180.09
one week ago $ 198.39
percentage -9.22%

Volume

Volume

The 24 hour volume on Poloniex is 25,935 BTC.

Remarks

Ether has deflated and nears a monthly low. Ethereum is down -0.38% on the day, down -9.23% on the week and down -38.77% on the month. The deflation largely follows market jitters due to the bitcoin hardfork deadline at month end.

CoinMarketCap YTD Chart

One Month Chart

Market Reports
Browse $ETH dynamics with our Ethereum Market Report collection:

Ethereum Market Reports

XBTLivePrice
Bitcoin spot prices from four major exchanges at print time:

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Digital Cashpoint
‏Digital Cashpoint‏ @digitalcashpt wrote four hours ago:

Read the full “Ethereum May Reduce Mining Reward and Inflation by 40%” article by TrustNodes.com here:

http://www.trustnodes.com/2017/07/15/ethereum-may-reduce-mining-reward-inflation-40

Etherscan’s Top Ether Miners in Seven Days
This chart shows the top ether miners in the last week:

The top weekly miner with 26.5% is not identified and is perhaps unknown. This is followed by Ethermine (22.3%), Ethfans (13.5%), Miningpoolhub_1 (9.3%), Dwarfpool1 (6%) and others.

Price change

Price change is the percentage change within the period:

period change
day -0.38%
week -9.23%
month -38.77%

Featured Chart

Tap or click chart to enlarge:

Data source

Poloniex is the data source for this market report – except as noted.

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 $ 16,803,380,111
Circulating supply 93,305,459
Last price $ 180.09
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.09146884
daily low 0.08648282

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.08648282
week 0.07428721

Resistance

Resistance is the highest price within the period:

period resistance
day 0.09146884
week 0.09798000

Margin trading

yes

The data source Poloniex offers margin trading on this digital asset.

Range

Range is the difference in price within the period:

period range
day 0.00498602
week -0.00882270

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Ether is deflating and nears a monthly low. Ethereum is down -0.38% on the day, down -9.23% on the week and down -38.77% on the month. The weekly trend is mixed. $ETH/BTC saw weekly support at 0.07428721 and weekly resistance at 0.09798000. Market sentiment is bearish.

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 Saturday July 15 2017 19:18 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

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Thanks for reading! 🙂

Tags

Ethereum, $ETH/BTC, Poloniex, Brief, Last price, Volume, Remarks, Price change, Chart, Data source, Market capitalization, Indicators, Daily high low, Trend, Support, Margin trading, Resistance, Range, Market sentiment, Summary, Disclaimer, Printed, Coming soon, cryptocurrency, bitcoins, BTC, altcoins, investing, trading, speculation, coins, investment, digital, assets, tags

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