The crypto market continues to extend losses across the board as prevailing selloff by investors is showing no signs of abating on the back of a strong pickup in risk aversion. Average loss per coin has been near 3.2% over the past 24-hour period.
Investors and traders are growing increasingly nervous amid souring mood and negative outlook that may open up a long-lasting downward spiral, adding to the challenges facing digital asset holders in the market.
The entire market has almost been closely moving in lockstep with bitcoin which has been used as a guide by traders to make their bets. Crypto markets operate 24/7, setting the stage for price swings at unpredictable hours.
Bitcoin is trading at US $56,390. Second largest digital token ether is down 5.4% to US $4,510.
Among Top 10 big caps, Solana (SOL) is the best performer up 7% in 24 hours.
As of press time, Top 10 free-floating cryptocurrencies over the day:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $56,390 | -1.8% | $1064B |
| Ethereum (ETH) | $4,510 | -5.4% | $533B |
| Binance Coin (BNB) | $615 | -2.8% | $103B |
| Ripple (XRP) | $1 | -4.3% | $96.9B |
| Solana (SOL) | $196 | 7% | $59B |
| Cardano (ADA) | $1.54 | -3% | $50.5B |
| Polkadot (DOT) | $35.4 | -7.6% | $40.4B |
| Dogecoin (DOGE) | $0.2 | -5.5% | $27B |
| ChainLinkToken (LINK) | $24.7 | -5.4% | $24.7B |
| Uniswap (UNI) | $21.5 | -3.2% | $21.5B |
Meanwhile, some currencies have shown much extraordinary performance in terms of their volatility during this period.
The list of Top 10 cryptos that are doing much better than the market over the day:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| PowerLedger (POWR) | $0.7 | 14.4% | $0.7B |
| NOW Token (NOW) | $0.07 | 12.8% | $0.006B |
| Digitex Futures (DGTX) | $0.005 | 10.7% | $0.008B |
| Matic Network (MATIC) | $2.09 | 10.4% | $20.9B |
| Cartesi (CTSI) | $0.9 | 10.4% | $0.41B |
| Ycash (YEC) | $0.5 | 10.3% | $0.006B |
| Lisk (LSK) | $3.79 | 9.9% | $0.5B |
| Humaniq (HMQ) | $0.009 | 9.5% | $0.0017B |
| district0x (DNT) | $0.18 | 8.1% | $0.11B |
| Salt (SALT) | $0.24 | 7.7% | $0.019B |
There are cryptos that have outperformed the market over the 24-hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Golem (GNT) | $3.0E-8 | -40% | $3.9E-7B |
| Jobchain (JOB) | $0.0005 | -24% | $0.05B |
| Qtum (QTUM) | $14.6 | -11.4% | $1.5B |
| Aeternity (AE) | $0.19 | -11% | $0.07B |
| Rune (RUNE) | $14.7 | -9.5% | $3.8B |
| Aragon (ANT) | $5.24 | -9.4% | $0.23B |
| Basic Attention Token (BAT) | $1.42 | -9.1% | $2.1B |
| Gnosis (GNO) | $433 | -8.2% | $4.3B |
| STORJ (STORJ) | $2.38 | -8.1% | $1B |
| Patientory (PTOY) | $0.022 | -8% | $0.0015B |
