Total cryptocurrency market capitalization recorded a net outflow of $34.27 billion in total. At the time of writing, it was down 3.6% from the weekend of Sept. 23 to $916.53 billion.
Bitcoin market cap fell 3.3% during the reporting period from $371.05 billion to $358.94 billion. Meanwhile, Ethereum’s market cap fell 4.4% from $164.54 billion to $157.25 billion.
The top 10 cryptocurrencies traded roughly flat during the period with sell-side bias. The biggest loser was Shiba Inu, down 5.46%. Polkadot, by contrast, performed best, recording only a 1.43% loss during the period.
The market capitalization of the top three stablecoins, Tether (USDT), USD Coin (USDC), and Binance USD (BUSD), remained stable over the period at $67.96 billion, $49.40 billion, and $20.52 billion, respectively.
Bitcoin
Bitcoin has fallen 3% since Friday and is trading at $18,700 at the time of writing. The market dominance rate he rose slightly from 38.97% to 39.20% during the period.
Friday selling bottomed out at $18,500 and climbed to $19,400. Since then, the market leader has been on a downward trend. However, since 08:00 UTC on September 26, BTC has retested the $18,900 resistance on the card, showing strong growth.
No significant progress has been made since September 23rd. However, macro factors continue to put pressure on investors.
ethereum
Ethereum has fallen 5.6% over the past three days, trading at $1,287 at the time of writing. Market dominance rate he dropped slightly from 17.32% to 17.20%.
ETH’s price action followed a similar pattern to BTC, bottoming out at $1,260 on the evening of September 23 (UTC) and peaking at $1,350 on the September 24 lunch break. The moderate decline continued on September 25th, with strong buying as European markets opened.
top 5 price increases
fruit
FRTS leads the top gainers in the last 24 hours, trading around $0.01123 at the time of this writing, up 11.1% over the period. The token is frequently featured by top gainers and losers, suggesting recent extreme volatility. FRTS is down 99.9% from his December 2021 ATH. Its market capitalization he was $236.55 million.
Iota
MIOTA grew 9.5% over the last 24 hours and was trading around $0.30900 at the time of publication. With no new significant developments, it’s unclear why the platform is booming today.
Injection protocol
INJ has registered a 5% gain over the past 24 hours and is trading around $1.74379 at the time of writing. The token is up 21% over the past 7 days with a market cap of $127.31 million.
marine protocol
OCEAN is up 4.9% over the last 24 hours and is trading at $0.16925 at the time of publication. There have been no new significant developments recently. Its market capitalization was $103.77 million.
Quants
QNT is up 4% since the last wMarket update and is trading at $119.349 at the time of writing. The token has shown strong performance with a 26% uptick over the past month. Its market cap was $1.44 billion at the time of writing.
top 5 losers
Terra Classic
LUNC is the biggest loser of the day, down 14.7% over the past 24 hours and trading around $0.00020 at the time of writing. After a staggering 52% rally in the last month, the token price continues to fall due to rumors of a close relationship with the Terra Labs Foundation and ongoing issues with his token burn and his support. I’m here. Its market capitalization was $1.21 billion.
Terra USD
USTC is down 9.9% over the last 24 hours, to $0.02719 at the time of writing. The rebranded UST stablecoin continues to trade below its peg price and suffers from the same concerns as Terra Classic. Its market cap was he $266.94 million.
Terra
LUNA plunged 7.7% during the reporting period, trading at $2.26403. Interpol has issued a “red notice” to founder Do Kwon, bringing his manhunt up to the international level. Its market cap was he $288.61 million.
chili’s
CHZ is down 7.3% over the last 24 hours, at around $0.24934 at the time of writing. The token has been on a moderate uptrend recently, up 9% in the last month. Its market capitalization was $1.5 billion.
Lido DAO
LDO fell 7.1% to trade at $1.59322. Ethereum’s liquidity staking solution has been on a downward trend over the past month, with him down 5% over the period. Market cap at press time was $498.6 million.
