Cryptocurrency

CryptoSlate Daily wMarket Update – Sept. 12

Zegex

Total cryptocurrency market capitalization recorded a total net inflow of $9.4 billion from the previous day. At the time of writing, he has increased by 0.88% to reach $1.67 trillion in the last 24 hours.

Bitcoin market cap increased 3% from $415.8 billion to $428.73 billion during the reporting period. Meanwhile, Ethereum’s market capitalization fell by 0.4%, from $211.12 billion to $210.18 billion over the same period.

Over the past 24 hours, most of the top 10 cryptocurrencies have traded flat with a slight upward trend. Bitcoin rose 3.24% in the last 24 hours. However, Solana leads the large caps with his 11.5% rise.

top 10
Source: CryptoSlate.com

The market caps of the top three stablecoins, Tether (USDT), USD Coin (USDC), and Binance USD (BUSD), have remained relatively flat over the past 24 hours at $67.74 billion, $51.50 billion, and $20.13 billion, respectively. did.

Bitcoin

Since the last wMarket update, the Bitcoin price has risen 3.24% to $22,400 at the time of writing. Following the weekend gains, market dominance fell to 40.2% from 40.9% the day before.

BTC has risen above the $21,800 resistance level over the last 24 hours. The next resistance is $25,200. Clearing this could pave the way for a $30,000 price in the near future. However, macro factors continue to weigh heavily on digital asset markets.

bitcoin chart
Source: BTCUSDT on CryptoSlate.com

ethereum

Ethereum prices are flat, down 0.9% and trading at $1,721 at the time of writing. His market dominance also fell slightly from 20.75% to 19.7%.

The merger is expected to take place around September 15th, with investor interest dwindling as the date approaches. It is unclear if this is due to the broader cryptocurrency market trading flat.

ethereum chart
Source: ETHUSDT on CryptoSlate.com

top 5 price increases

Pundi X

PUNDIX made the biggest profit during the reporting period, trading around $0.92415 at the time of writing, up 70% over the past 24 hours. However, tokens are down 45% year-on-year. Current market capitalization is $238.89 million.

Feature X

The FX registered a 21% gain over the last 24 hours and was trading around $0.30542 at the time of writing. The token market cap was $124.77 million.

raven coin

RNV grew 11% in the last 24 hours and was trading around $0.06150 at the time of publication. The token continues to phenomenologically grow by 70% in the last 30 days. This factor could be his ETH PoW outflow to the chain. At the time of writing, the token market cap was $644.09 million.

fruit

FRTS is up 14% since the last wMarket update and is trading at $0.01379 at the time of writing. Despite today’s surge, the token is still down 98% from a year ago. Its market capitalization was $290.46 million at the time of writing.

Star

ASTR is up 12% over the last 24 hours to $0.04288 at publication time. The token market cap was $159.16 million.

top 5 losers

metacraft

MCT has plummeted 24% in the last 24 hours, hovering around $2.00449 at the time of writing. Its market capitalization was $105.59 million.

room network

LOOM has fallen 23% over the past 24 hours, trading around $0.09115. Token was the top five performer in the previous report, following an explosive 146% gain over the weekend. However, the bulls are starting to wear out, abandoning a good chunk of the weekend’s gains.

Terra Classic

LUNC is down 18% over the last 24 hours, trading at $0.00034. However, the token is up 234% over the last 30 days. The new v22 upgrade, which allows token staking, has given the community a boost, pushing up the price of the token over the past few weeks.

Terra

LUNA is down 17% in the last 24 hours to around $4.36. LUNA is a reboot of his May-destroyed TerraClassic (LUNC). Despite a one-day drop, the token is up 104% over the last 30 days.

TerraUSD

The USTC price has dropped 15% over the past 24 hours, to around $0.04414 at the time of writing. The token market cap was $433.23. Algorithmic stablecoin USTC slashed its peg price in May, sparking a collapse of the Terra ecosystem and the larger cryptocurrency market. Several attempts to re-establish the $1 price have all failed.

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