{"id":372350,"date":"2019-02-22T07:00:11","date_gmt":"2019-02-22T07:00:11","guid":{"rendered":"https:\/\/wncen.com\/?p=372350"},"modified":"2019-02-22T06:27:14","modified_gmt":"2019-02-22T06:27:14","slug":"crypto-market-wrap-what-caused-vechain-to-make-a-comeback-as-markets-cool","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-wrap-what-caused-vechain-to-make-a-comeback-as-markets-cool\/","title":{"rendered":"Crypto Market Wrap: What Caused VeChain to Make a Comeback as Markets Cool?"},"content":{"rendered":"<h5>Crypto markets slowly starting to correct; VeChain and BNB going strong, Stellar, ADA and NEO dropping fastest.<\/h5>\n<h2><a href=\"https:\/\/wncen.com\/category\/fomo-moments\/\" data-wpel-link=\"internal\">Market Wrap<\/a><\/h2>\n<p>Yesterday\u2019s minor movement did not last and crypto markets have fallen back a little as we end the week. The week-long rally looks like it is about to run out of steam as resistance is hit for the big cap cryptos. Total market capitalization has held though and is still above $134 billion for the time being.<\/p>\n<figure id=\"attachment_372352\" aria-describedby=\"caption-attachment-372352\" style=\"width: 1139px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/totalcap2202.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-372352\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/totalcap2202.jpg?resize=1139%2C403\" alt=\"\" width=\"1139\" height=\"403\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/totalcap2202.jpg?w=1139 1139w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/totalcap2202.jpg?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/totalcap2202.jpg?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/totalcap2202.jpg?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/02\/totalcap2202.jpg?w=750 750w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/a><figcaption id=\"caption-attachment-372352\" class=\"wp-caption-text\">Total market cap, 24 hours.<\/figcaption><\/figure>\n<p>Yet again Bitcoin hit resistance at $4,000 and failed to break through. The longer this happens the less likely there will be a break to the upside. BTC is trading down marginally on yesterday\u2019s levels but it still holding around $3,970 at the moment, volume is slowly shrinking however.<\/p>\n<p>Ethereum is holding $147 for now but it too has failed to break resistance at $150 so further losses could be on the cards. XRP is falling back and has lost 2% on the day dropping it to $0.322. This has widened the gap between it and ETH to $2.1 billion.<\/p>\n<p>The top ten is all red during Friday\u2019s Asian trading session aside from Binance Coin which is back up again while others are falling. BNB has made over 3% on the day taking it to $10.90. The biggest drop in the top ten is Stellar losing 3% but remaining above Tron for now.<\/p>\n<p>The top twenty is awash with red at the time of writing. Cardano and NEO are dropping the most with 4% losses each. The rest are dumping between 1 and 3 percent as markets correct from three days of buying pressure.<\/p>\n<p>QASH has surged back into the top one hundred with a fomo pump of 33% but today\u2019s surprise mover is VeChain which has made 12% over the past 24 hours. Daily volume has almost quadrupled from $5.7 million to almost $20 million, over half of it traded on Binance. The recent blockchain integration with Amazon Web Services appears to be driving momentum;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">AWS services enable one-click VeChainThor Blockchain deployment for enterprises.<\/p>\n<p>Original: <a href=\"https:\/\/t.co\/qIWZVS9mbR\" rel=\"nofollow\">https:\/\/t.co\/qIWZVS9mbR<\/a><\/p>\n<p>English: <a href=\"https:\/\/t.co\/lBtB6T5vCZ\" rel=\"nofollow\">https:\/\/t.co\/lBtB6T5vCZ<\/a><\/p>\n<p>&mdash; vechain (@vechainofficial) <a href=\"https:\/\/twitter.com\/vechainofficial\/status\/27304960?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 18, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Total market capitalization has cooled off and settled at $134 billion, down 1.5% from <a href=\"https:\/\/wncen.com\/2019\/02\/21\/crypto-market-cap-hits-six-week-high-as-rally-resumes\/\">yesterday\u2019s levels<\/a>. Daily volume continues to dwindle and is now $10 billion less that it was a couple of days ago at $25 billion. It has been a strong week for crypto markets which are still up 10% on the same time last week.<\/p>\n<p><em>Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto markets slowly starting to correct; VeChain and BNB going strong, Stellar, ADA and NEO dropping fastest. Market Wrap Yesterday\u2019s minor movement did not last and crypto markets have fallen back a little as we end the week. The week-long rally looks like it is about to run out of steam as resistance is hit for the big cap cryptos. Total market capitalization has held though and is still above $134 billion for the time being. Yet again Bitcoin hit resistance at $4,000 and failed to break through. The longer this happens the less likely there will be a break to the upside. BTC is trading down marginally on yesterday\u2019s levels but it still holding around $3,970 at the moment, volume is slowly shrinking however. Ethereum is holding $147 for now but it too has failed to break resistance at $150 so further losses could be on the cards. XRP is falling back and has lost 2% on the day dropping it to $0.322. This has widened the gap between it and ETH to $2.1 billion. The top ten is all red during Friday\u2019s Asian trading session aside from Binance Coin which is back up again while others are falling. BNB has made over 3% on the day taking it to $10.90. The biggest drop in the top ten is Stellar losing 3% but remaining above Tron for now. The top twenty is awash with red at the time of writing. Cardano and NEO are dropping the most with 4% losses each. The rest are dumping between 1 and 3 percent as markets correct from three days of buying pressure. QASH has surged back into the top one hundred with a fomo pump of 33% but today\u2019s surprise mover is VeChain which has made 12% over the past 24 hours. Daily volume has almost quadrupled from $5.7 million to almost $20 million, over half of it traded on Binance. The recent blockchain integration with Amazon Web Services appears to be driving momentum; AWS services enable one-click VeChainThor Blockchain deployment for enterprises. Original: https:\/\/t.co\/qIWZVS9mbR English: https:\/\/t.co\/lBtB6T5vCZ &mdash; vechain (@vechainofficial) February 18, 2019 Total market capitalization has cooled off and settled at $134 billion, down 1.5% from yesterday\u2019s levels. Daily volume continues to dwindle and is now $10 billion less that it was a couple of days ago at $25 billion. It has been a strong week for crypto markets which are still up 10% on the same time last week. Market Wrap is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.<\/p>\n","protected":false},"author":386,"featured_media":343971,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,12383],"tags":[12476,11427,1501,17181,3970,12882],"class_list":["post-372350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-market-wrap","tag-asian-trading-session","tag-bnb","tag-correction","tag-market-wrap","tag-stellar","tag-vechain"],"acf":[],"yoast_head":"\n<title>Crypto Market Wrap: What Caused VeChain to Make a Comeback as Markets Cool?<\/title>\n<meta name=\"description\" content=\"Crypto markets slowly starting to correct; VeChain and BNB going strong, Stellar, ADA and NEO dropping fastest. Market Wrap Yesterday\u2019s minor movement did Crypto markets slowly starting to correct; VeChain and BNB going strong, Stellar, ADA and NEO dropping fastest.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/crypto-market-wrap-what-caused-vechain-to-make-a-comeback-as-markets-cool\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Market Wrap: What Caused VeChain to Make a Comeback as Markets Cool?\" \/>\n<meta property=\"og:description\" content=\"Crypto markets slowly starting to correct; VeChain and BNB going strong, Stellar, ADA and NEO dropping fastest. 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