The cryptocurrency market capitalization is now up 1.35% to $806.96 billion after registering net inflows of around $10 billion in the last 24 hours.
The market caps of Bitcoin and Ethereum increased by 1.09% to $322.14 billion and 1.74% to $148.95 billion respectively.
All top 10 cryptocurrencies have recorded profits in the last 24 hours. Solana leads the market with over 11% profit. Other top gainers among the top 10 assets included Litecoin, which rose more than 7%, and Polkadot, which rose about 4%.
During the reporting period, the market caps of Tether (USDT) and USD Coin (USDC) remained flat at $66.24 billion and $44.62 billion respectively. BinanceUSD (BUSD) fell to $16.52 billion.
Over the past 24 hours, Bitcoin is up 1.11%, trading at $16,737 as of ET 07:00. Its market share remained flat at 39.9%.
BTC traded above $16,500 throughout the festivities, peaking at $16,759 over the past 24 hours.
Ethereum has surged 1.71% over the past 24 hours, trading at $1,217 as of 07:00 ET. Its market dominance he increased to 18.5%.
During the holiday season, ETH mostly traded between $1100 and $1200. Over the last 24 hours, the asset has peaked at $1219.
top 5 price increases
CTC was the biggest gainer of the day, gaining about 22% to $0.54 over the past 24 hours. It was unclear why the token was going up. Its market cap was he $113.73 million.
Lido DAO Token
LDO rose 12.69% during the reporting period to $1.14 at the time of writing. The staking service provider has become his DeFi protocol dominant by TVL. Its market capitalization was $944.62 million.
After a terrible price performance in 2022, SOL is one of the few digital assets to start the new year strong.CryptoSlate data shows it has increased 11.7% to $11.00 at the time of writing. Its market capitalization was $4.05 billion.
The OKX-backed token is trading at $30.12, up 10.95% over the past 24 hours. Its market capitalization was $1.81 billion.
LN gained 10.89% during the reporting period to $25.71 at the time of writing. Its market cap was he $161.04 million.
top 5 losers
ANT was the biggest loser of the day, down 4.44% to $2.12 over the past 24 hours. Its market capitalization was $89.37 million.
RLC decreased by 3.01% to $ during the reporting period1.17 at press time.Its market capitalization was $95.23 million.
NEXO has fallen 2.82% to $0.68 over the past 24 hours. The cryptocurrency lender was one of the few businesses to exit 2022 unscathed despite the market contagion that robbed rivals, with a market cap of $381.88 million.
baby doge coin
At the time of writing, BabyDoge is losing 2.65% at $0.000000000957. Its market cap was he $110.13 million.
ABBC plunged $2.37% during the reporting period0.084. Its market capitalization was $88.06 million.