The cryptocurrency market has seen a total inflow of $15.34 billion in the last 24 hours, boosting the market capitalization of crypto assets to $966.56 billion at the time of writing.
In another day of growth, the Bitcoin (BTC) market cap has increased 2.24% from $379.06 billion to $387.57 billion over the past 24 hours. Ethereum (ETH) market cap has reached $166.42 billion at the time of writing, up 1.5% on the previous day, up from $163.96 billion the day before.
The top 10 cryptocurrencies remained green, with Dogecoin posting the highest gains after XRP at 7.75% as Tesla CEO Elon Musk took to Twitter with a new takeover offer. Solana (SOL) and Ripple (XRP) prices, which hit their all-time highs on Oct. 3, are up 3.01% and 8.23%, respectively, over the past 24 hours, continuing their strong run on the second day.
The market cap of USD Coin (USDC) has fallen for the third straight day, falling from $47.17 billion the day before to $46.72 billion over the past 24 hours. Tether (USDT) market cap increased slightly to $68.07 billion from the previous day’s $67.95 billion. BinanceUSD (BUSD) market cap has fallen slightly over the past 24 hours to $21.03 billion.
Bitcoin
Bitcoin’s price has risen for a second day in a row, up 2.78% over the past 24 hours and is trading around $20,218 at the time of writing. The market share of the largest cryptocurrency increased to 40.1% from 39.9% the day before.
Aside from a few dips, BTC’s price traded with an upward bias for most of the day. However, around 23:00 UTC, the Bitcoin price started to drop slightly. Over the past 24 hours, the BTC price has fallen to $19,840 and climbed to $20,363.
The US stock market also registered a second day of gains, adding to bullish sentiment.
ethereum
ETH price gains have slowed compared to the previous day, gaining 1.36% over the past 24 hours and trading around $1,356 at the time of writing. However, the market power of the second-largest cryptocurrency fell slightly to 17.2% over the period despite rising prices.
The ETH price has been more volatile than the BTC price over the last 24 hours, starting at around $1,337 and rising to $1,369 around 20:00 UTC.
top 5 price increases
Bitcoin Standard Halalate Token
BTCST posted its biggest gain in the last 24 hours, gaining 21.76% and trading around $10.52 at the time of writing. The token market cap reached $128.48 million during the period. BTCST has lost over 40% of its value over the past year.
helium
After suffering losses the previous day, HNT has posted a 9.93% gain over the past 24 hours and is trading around $5.34 at the time of writing. The token market cap was $682.11 million. HNT is up 39.72% over the past month.
RenderToken
RNDR is up 9.49% over the last 24 hours and is trading around $0.50 at the time of publication. At around 10:00 UTC, the price of RNDR started rising sharply from $0.47 and reached $0.55 around noon UTC. After that, the price fell with a few spikes in between. RNDR had a market cap of $128.38 million at the time of writing.
Pundi X
PUNDIX has grown 8.5% over the past 24 hours and is trading at around $0.51 at the time of writing. The token market cap was $132.91 million. The token rose slightly throughout most of the day before jumping from $0.48 to $0.51 around 00:00 UTC.
decentralized social
DESO expanded its profit by growing 7.26% in the last 24 hours and is trading around $14.25 at the time of writing. The token’s market cap is hovering at $126.63 million at the time of writing, up from $119.63 the day before. DESO outperformed major cryptocurrencies with a 165.14% growth over the past month.
top 5 losers
fantasy knight metaverse
MV recorded its steepest price drop in the past 24 hours, down 6.96% and trading at around $0.23 at the time of writing. MV’s market capitalization was $409.49 million.
Ergo
The ERG price has fallen 5.94% over the past 24 hours, with the token trading at $2.72 at the time of writing. The token fell most of the time, except for a few price spikes, and its market cap was he $159.57 million.
Terra
The price of the new LUNA token dropped 4.17% over the past 24 hours, reaching $2.57 at the time of its public offering. LUNA, introduced after TerraClassic (LUNC) collapsed in his May, had a market cap of $327.98 million.
chain
XCN’s price has fallen 3.27% over the past 24 hours, trading at around $0.07 at the time of writing. The token market cap was $1.55 billion.
Reservation
The RSR is trading at $0.009 at the time of writing, down 3.23% over the past 24 hours. The market cap of the token was $386.76 million at the time of writing.
