Cryptocurrency

CryptoSlate Daily wMarket Update – Sept. 19

Zegex

The total cryptocurrency market capitalization recorded a total net inflow of $32.1 billion. At $935.61 billion at the time of writing, he’s up 3.5% over the weekend.

Bitcoin market cap increased 3.6% during the reporting period from $357.68 billion to $370.69 billion. Meanwhile, Ethereum’s market cap has risen 4.2% from $159.7 billion to $166.48 billion over the past 24 hours.

After a period of massive sell-off, all of the top 10 cryptocurrencies have risen in the last 24 hours, with XRP leading the pack at 7.2%. Meanwhile, Polkadot pulled up the rear with his 1.8% gain.

top 10 cryptocurrencies
Source: CryptoSlate.com

The market caps of the top three stablecoins, Tether (USDT), USD Coin (USDC), and Binance USD (BUSD), have remained flat over the past 24 hours at $67.93 billion, $50.12 billion, and $20.51 billion, respectively.

Bitcoin

Over the past 24 hours, Bitcoin is up 5% and is trading at $19,400 at the time of writing. Market dominance increased slightly from 39.5% to 39.6% over the period.

Weekend selling spilled over on Monday, sending BTC down to $18,200. This is because the market has priced in the Fed’s rate hike of 75-100 basis points this week. The market leader rallied at lunchtime (UTC) to recoup Monday’s losses.

bitcoin chart
Source: TradingView.com

ethereum

Ethereum has grown 5% in the last 24 hours and is trading at $1,357 at the time of writing. Market control he rose slightly from 17.5% to 17.8%.

The ETH bull market has provided some respite from the continued decline seen after the merger. Price action largely mirrored that of Bitcoin, with $1,290 offering multiple sustained supports on the hourly chart before the recovery began on the morning of Sept. 19.

ethereum chart
Source: TradingView.com

top 5 price increases

Pundi X

PUNDIX leads the top gainers in the last 24 hours, trading around $0.59042 at the time of this writing, up 28% over the period. The token he surged to $1.06 on Sept. 13, followed by an extreme sell-off. Its market cap was he $152.62 million.

voyager token

VGX has registered a 21.94% gain over the last 24 hours and is trading around $0.73217 at the time of writing. The token has surged over 160% over the past 30 days amid rumors of a buyer taking over the bankrupt platform. Its market capitalization was $203.9 million.

Terra USD

USTC has grown 16.51% over the past 24 hours and was trading around $0.03444 at the time of publication. The rebranded UST stablecoin at the heart of Terra implosion has yet to recalibrate despite today’s gains, its market cap was he at $338.08 million.

Constitution DAO

PEOPLE is up 14% over the last 24 hours and is trading at $0.02218 at publication time. The project was meant to buy the original US Constitution at Sotheby’s, but was defeated by his CEO at Citadel, Ken Griffin. It’s unclear why PEOPLE surged today. Its market cap was he $112.23 million.

Injection protocol

INJ is up 12% since the last wMarket update and is trading at $1.62234 at the time of writing. Claimed Layer 2 DEX is down 81% in a year. Its market cap was $118.44 million at the time of writing.

top 5 losers

fruit

FRTS is today’s biggest loser, down 9.75% over the past 24 hours and trading around $0.01205 at the time of writing. Global philanthropic initiatives are down 98% from a year ago. Its market capitalization was $253.89 million.

leaf

REFF has fallen 7.4% over the last 24 hours to $0.00471 at the time of writing. The project was hit by a controversy involving Alameda Research in March 2021, but its price has yet to regain its former glory before the controversy. Its market capitalization was $94.54 million.

ton coin

TON plunged 5.58% during the reporting period, trading at $1.47837. After being sued by the SEC, the Telegram project was handed over to the community. Token he is down 78% in a year. Its market capitalization was $1.81 billion.

chain

XCN is up 2.68% over the last 24 hours, at around $0.06198 at the time of writing. Cloud-based financial protocols continue to drop 29% over the past 30 days. Its market capitalization was $10.74 million.

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