Bears pull crypto market down as XRP leads losses
Total cryptocurrency market capitalization recorded a net outflow of $61.1 billion in total. At the time of writing, he was down 6.3% to $912.6 billion in the last 24 hours.
Bitcoin market cap fell 7.36% during the reporting period from $358.54 billion to $393 billion. Meanwhile, Ethereum’s market cap fell by 7.67% from $169.83 billion to $156.8 billion.
All of the top 10 cryptocurrencies suffered losses during the period, with XRP leading the charge, down more than 10.58%. Shiba Inu recorded the smallest loss in the last 24 hours as he fell 3.9%.
The market capitalization of the top three stablecoins, Tether (USDT), USD Coin (USDC), and Binance USD (BUSD), remained relatively unchanged over the period at $67.96 billion, $49.18 billion, and $21.034 billion, respectively. .
Bitcoin
Bitcoin has lost 7.4% of its value in the last 24 hours, trading at $18,767 at the time of writing. Market dominance decreased from 39.90% to 39.31% over the period.
In the last 24 hours before the bears ruled, BTC was trading as high as $20,533 and its value below $19,000.
ethereum
Ethereum has fallen 7.29% over the past 24 hours, trading at $1,284 at the time of writing. Market dominance he fell from 17.5% to 17.19%.
ETH has traded as high as $1396 over the past 24 hours, and its value has quickly fallen to its current level. Asset price performance has been weak post-merger in most cases.
top 5 price increases
polymer network
POLY is up 11.81% and is trading at $0.27693 at the time of writing. The platform has maintained a decent green candle over the last 7 days, up 39.66%. Its market capitalization was $256.16 million.
Quants
QNT is up 10.16% over the last 24 hours and is trading at $138.385 at the time of writing. The token has shown a strong performance over the past week, rising 38%. Its market capitalization was $1.67 billion.
Reservation
The RSR has increased by 9.24% over the last 24 hours to $0.00847 at the time of writing. The token registered a 41% gain last week. Its market cap was he $358.5 million.
we mix
WEMIX is up 5.61 in the last 24 hours, to $1.87142 at the time of writing.The platform’s parent company recently donated 1 billion won to Seoul National university business school. Its market cap was he $230.62 million.
Coty
COTI has registered a 1.31% gain over the last 24 hours and is trading around $0.10568 at the time of writing. Decentralized payment networks and stablecoin creation protocols have declined by 83% over the past year. Its market capitalization was $117.16 million.
top 5 losers
XRP
XRP is the biggest loser of the day, down 12.22% over the last 24 hours and trading around $0.42538 at the time of this writing. The Ripple-linked token has enjoyed a recent green run, rising 7.4% over the past seven days. Its market cap was he $21.15 billion.
universe
ATOM is down 12.16% over the last 24 hours, trading at $12.76 at the time of writing. The Layer 0 blockchain network recently released a new white paper aimed at updating the use of native tokens. Its market capitalization was $3.66 billion.
Neo
NEO is down 12.07% over the last 24 hours, trading at $8.42269 at the time of writing. The token is up 2.47% over the last 7 days. Its market cap was he $594.13 million.
harmony
ONE fell 11.52% during the reporting period, trading at $0.1905. The platform recently announced a recovery plan to compensate hack victims. Its market cap was he $239.27 million.
Terra Classic
LUNC is down 10.71% over the last 24 hours, trading at $0.00027 at the time of writing. Its market capitalization was $1.65 billion.