Cryptocurrency

TRON ousts Solana from top 10 rankings

Hull Invest

During the reporting period, cryptocurrency market capitalization fell 3.8% from $828.16 to record a net outflow of $31.56 billion to $796.6 billion.

Bitcoin market cap fell 4% from $322 billion to $308.8 billion. Ethereum’s market cap fell 8% from $149.1 billion to $137.1 billion.

All of the top 10 cryptocurrencies were sold during the reporting period, with Dogecoin and XRP posting the biggest losses at 7.7% and 7% respectively. TRON, on the other hand, had the best performance, losing 0.6% in the last 24 hours and pushing Solana out of the top 10.

top 10 cryptocurrencies
Source: CryptoSlate.com

During the reporting period, the market caps of Tether (USDT) and BinanceUSD (BUSD) remained flat at $65.9 billion and $22.9 billion respectively. Meanwhile, the market cap of USD Coin (USDC) increased by 0.9% from $44.09 billion to $44.4 billion.

Bitcoin

Over the past 24 hours, Bitcoin has fallen 2.7%, trading at $16,088 as of ET 07:00. Its market dominance rose slightly from 38.5% to 38.8% during the reporting period.

Major cryptocurrencies were trading flat until Sunday night’s collapse turned into an outflow that bottomed out at $15,900. Market sentiment remains fragile due to fears of contagion affecting digital currency group and its subsidiaries Grayscale and Genesis.

bitcoin chart
Source: TradingView.com

ethereum

ETH is down 4% over the last 24 hours, trading at $1,124 as of 07:00 ET. Its market dominance declined from 17.8% to 17.3% during the reporting period.

Ethereum mirrored bitcoin price action. Found a local bottom at $1,105 just before 06:00 today.

ethereum chart
Source: TradingView.com

top 5 price increases

serum

SRM was the biggest one-day gainer, growing 24.5% to $0.27561Serum received a fork to distance itself from the FTX debacle.Its market capitalization was $72.55 One million.

Bitcoin standard hashrate token

BTCST rose 10.8% to $ during the reporting period7.16520BTC mining liquidity protocol is up 20.4% over the past week.Its market capitalization was $87.43 One million.

Nem

XEM increased by 5.8% to $ in the last 24 hours0.03456 Press time now.Its market capitalization was $311.02 One million.

ciscoin

SYS increased 3.3% to $0.12009 over the reporting period.Its market capitalization was $80.58 One million.

storji

STORJ traded at $, up 3% over the last 24 hours0.33668 Press time now. Storage protocols grew 14% over the last seven days.Its market capitalization was $139.03 One million.

top 5 losers

DFI.Money

YFII is the biggest loser of the day, dropping 49.7% to $ in the last 24 hours.1,861.16 Press time now. No new underlying developments have been revealed, but On-chain analysis It shows selling pressure due to whales letting go of their holdings.Its market capitalization was $71.83 One million.

chili’s

CHZ fell 15.6% to $0.19285 on press. Since the beginning of this month, the token has experienced extreme volatility in both directions. Its market capitalization was $1.18 a billion.

polymer network

POLY recorded a 12.6% loss during the reporting period and traded in $.0.19852 Press time now.Its market capitalization was $183.63 One million.

Algorand

ALGO fell 12.2% to $0.24691 Press time now. The token is down 19.8% over the past month.of Algorand Foundation We recently confirmed that we have zero affiliation with FTX. It is unclear why ALGO continues to sell.Its market capitalization was $1.76 a billion.

iExec RLC

RLC fell 8.8% to $ during the reporting period1.05678 Press time now. Despite today’s drawdown, the token is up 32.8% over the past week.Its market capitalization was $85.6 One million.

Posted In: Bitcoin, Wrapped

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