09. February 2019 17:00 GMT

bitcoinfortunebuilder-com-newsletter-header-btc-coin-800x200-768x192

Two System Buyers Active Recently

09. February 2019 17:00 GMT – This past two weeks saw a relative absence of system buyers and sellers until yesterday (08. Feb.), when buyers came in and spent close to USD 5 Billion and then USD 6.2 Billion about an hour later. The result was a price jump from the previous range of $3’450 – $3’550 to about $3’700. This represents a price increase cost of about USD 11.2 Billion for an increase of about $200, or USD 5.6 Billion per $100 increase. Compared to earlier cost of price increase of about USD 3 Billion/$100, this is relatively expensive. For me, it is a good sign that BTC is becoming more valuable.


The top ten crypto-market caps have been mostly up in the past seven days. Take a look at the list below to see what’s where today with a 7-day span price change – please note that this reports only what has happened in the past calendar week, not since our last report. There have been a number of shifts in the top ten, with Bitcoin SV falling out and with some coins making exceptionally large movements.

BTC Bitcoin +4.8%
XRP Ripple + 0.9%
ETH Ethereum +10.0%
LTC Litecoin +31.3%
EOS EOS +16.9%
BCH Bitcoin Cash +5.6%
USDT Tether -0.2%
TRX TRON +1.1%
XLM Stellar Lumens -2.3%
BSV Binance Coin +26.8%

Bitcoin’s market cap increased to 52.9% of the total crypto market cap (see the chart below). The total market is level at $121 Billion and BTC increased to $64 Billion.

bitcoinfortunebuilder-com-btc-cc-market-cap-2019-02-09

Other Financial Movements

The table below shows financial movements in other areas. Compared to our last report, the USD is stronger against the EUR but slightly weaker against the Swiss franc, being at parity with the CHF. Brent is up about $0.60 in the face of increasing incertainties. Gold continues to rise (1.2%) with the increasing financial uncertainties internationally.

Item present since last report date
USD/EUR 1.133 last report 1.142 29.Jan
CHF/USD 1.000 last report 0.993 29.Jan
Brent $62.10/Bbl last report $61.50/Bbl 29.Jan
Gold $1’318 last report $1’302 29.Jan

 

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26. January 2019 22:30 GMT

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System Sellers/Buyers Absent This Week

26. January 2019 22:30 GMT – This week (20-26 Jan 2019) the system buyers and sellers were absent from the BTC market. The result was a relatively stable price level at $3600-$3650, but also with low traffic. There was some excitement in other markets, but BTC was quiet.


The top ten crypto-market caps have been more-or-less stable this week compared to the past month or more. Take a look at the list below to see what’s where today with a 7-day span price change – please note that this reports only what has happened in the past calendar week, not since our last report. There have not been any shifts in the top five, but there are some rearrangements in the lower five. The individual crypto changes are mostly negative with only Litecoin and TRON showing positive results.

BTC Bitcoin -3.7%
XRP Ripple -4.9%
ETH Ethereum -6.7%
BCH Bitcoin Cash -2.7%
EOS EOS -2.0%
USDT Tether -0.7%
LTC Litecoin +1.9%
TRX TRON +17.4%
XLM Stellar Lumens -8.2%
BSV Bitcoin Cash SV -4.4%

Bitcoin’s market cap decreased slightly to 52.4% of the total crypto market cap (see the chart below). The total market is level at $120 Billion and BTC remains at $63 Billion.

bitcoinfortunebuilder-com-btc-cc-mkt-cap-2019-01-26

Other Financial Movements

The table below shows financial movements in other areas. Compared to our last report, the USD is slightly stronger against the EUR but weaker against the Swiss franc. Brent is down $0.80 in the face of increasing inventories. Gold broke through the $1’300 mark this week, probably the result of increasing financial uncertainties internationally.

Item present since last report date
USD/EUR 1.142 last report 1.138 20.Jan
CHF/USD 0.993 last report 0.995 20.Jan
Brent $61.50/Bbl last report $62.30/Bbl 20.Jan
Gold $1’302 last report $1’283 20.Jan

 

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21. January 2019 00:35 GMT

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System Sellers/Buyers Impacting Price Less

21. January 2019 00:35 GMT – Over the past week, BTC market has increased about $150. The efforts of system sellers and buyers have been having smaller impacts on the BTC price than we have seen before. Here are the four large movements this week:

Date: Value (bil USD) Price movement (USD) Effect bil USD /$100 price
14.01.2019 +3.9 +130 +3.0
15.01.2019 -11.1 -70 -15.9
19.01.2019 +4.9 +120 +4,1
20.01.2019 -8.4 -200 -4.2

The effect range has been around 3x up until recently, but the Effect we are seeing in the last two weeks is more in the 4x range. This analysis says that it is taking more money to move the price (up or down), but I am not sure that this has any significance in the marketplace. Ideas, anyone?


The top ten crypto-market caps have been more stable this week compared to the past month or more. Take a look at the list below to see what’s where today with a 7-day span price change – please note that this reports only what has happened in the past calendar week, not since our last report. There have not been any shifts in the top five, but Tether and Stellar swapped places in the bottom five. The changes are mixed with three of the ten being negative, and the rest positive.

BTC Bitcoin +1.2%
XRP Ripple +0.2%
ETH Ethereum +1.8%
BCH Bitcoin Cash -1.0%
EOS EOS +4.3%
USDT Tether -0.4%
XLM Stellar Lumens +0.2%
LTC Litecoin +2.2%
TRX TRON +9.2%
BSV Bitcoin Cash SV -2.3%

Bitcoin’s market cap decreased slightly to 52.5% of the total crypto market cap (see the chart below). The total market is marginally higher at $120 Billion and BTC remains at $63 Billion.

bitcoinfortunebuilder-com-btc-cc-mkt-cap-2019-01-20

Other Financial Movements

The table below shows financial movements in other areas. Compared to our last report, the USD is stronger against the EUR but weaker against the Swiss franc and gold. Brent is up $2 1⁄2 in the face of international market uncertainties. No one seems to believe that oil production will be reduced when higher prices will support more shale oil production in the USA.

Item present since last report date
USD/EUR 1.138 last report 1.146 13.Jan
CHF/USD 0.995 last report 0.983 13.Jan
Brent $62.30/Bbl last report $59.60/Bbl 13.Jan
Gold $1’283 last report $1’295 13.Jan

 

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