Total cryptocurrency market capitalization recorded a net outflow of $20.53 billion in total. At the time of writing, the industry’s market capitalization is at $920.62 billion, down 2.23% in the last 24 hours.
Bitcoin market cap fell 1.60% from $372.049 billion to $366.19 billion during the reporting period. Meanwhile, Ethereum’s market cap fell 2.79% from $161.58 billion to $157.19 billion.
All of the top 10 cryptocurrencies have suffered losses in the last 24 hours. XRP fell the most at 7.53%, while ADA fell 5.98%. Bitcoin recorded the smallest loss, losing his 1.97% of its value.
The market cap of Tether (USDT) rose slightly to $68.42 billion over the past 24 hours. BinanceUSD (BUSD) market cap remained relatively flat at $21.6 billion. The market cap of USD Coin (USDC) plummeted to $46 billion.
Bitcoin
Bitcoin has fallen 1.89% over the past 24 hours, trading at $19,054 at the time of writing. Its market dominance was 39.76% during the reporting period.
Since breaking below $20,000, BTC has mostly traded between $19,200 and $19,500. However, the coin printed a big red candle late in trading hours on Oct. 10, briefly dipping below $19,000.
ethereum
Ethereum’s price has fallen 3.02% over the past 24 hours, trading at $1,280 at the time of writing. Its market dominance was 17.08%.
During the reporting period, ETH traded to $1319 and bottomed out at $1272. Digital assets have continued to trade flat since the transition to proof-of-stake was completed.
top 5 price increases
Terra USD
USTC was the biggest gainer of the day, gaining 51.65% over the past 24 hours and trading at $0.05635 at the time of writing. Failed algorithmic stablecoins skyrocketed in value with the advent of new re-pegging proposals. Its market cap was he $543.26 million.
Huobi Token
HT gained 21.29% during the reporting period and is trading at $5.28709 at the time of writing. Its strong performance was spurred by the recent acquisition of its parent company, Huobi Global. Its market cap was he $795.33 million.
hive
HIVE is up 7.06% over the last 24 hours and is trading at $0.57433 at the time of writing. The social networking blockchain’s native token is up more than 18% over the past seven days. Its market cap was he $253.31 million.
Energy Web Token
EWT registered a 4.23% gain during the reporting period and is trading at $3.88139 at the time of writing. The Proof-of-Authority (PoA) Ethereum virtual machine blockchain supports enterprise-level applications in the energy sector. Market cap at press time was $116.16 million.
radio kaka
RACA is up 2.09% and is trading at $0.00038 at the time of writing. Metaverse-related tokens have lost more than 25% of their value over the past 30 days. Its market capitalization was $120.96 million.
top 5 losers
Bellas
VLX is the biggest loser today, posting a 16.49% loss at $0.04468 at the time of writing. The Ethereum Virtual Machine (EVM) blockchain has recorded a sell-off in the last seven days. Its market capitalization was $105.51 million.
chili’s
CHZ plunged 11.7% and is trading at $0.18713 at the time of writing. The digital sports currency has performed poorly, losing more than 8% of its value in the last month, with a market capitalization of he $1.12 billion.
Reservation
The RSR is down 7.51% over the last 24 hours and is trading at $0.00693 at the time of writing. In the past week his RSR has decreased by more than 25%. Its market capitalization was $289.6 million.
Vulcan Forged PYR
PYR is down 6.52% over the last 24 hours and is trading at $3.81957 at the time of writing. The market cap of Metaverse-based tokens was $91.13 million.
sorogenic
SOLO has lost 4.63% of its value over the past 24 hours, trading at $0.24728 at time of writing. The token has risen 68.74% over the last 30 days. Its market capitalization he was $99.02 million.
