Crypto market builds up upside traction: best and worst performers

Crypto market continues to push higher across the board on the back of bullish senitment and risk-off trading. The overall market-wide upward traction has been remarkable with an average gain of 8.24% in the past 24 hours.

Smaller coins, which typically rise and fall in tandem with bitcoin, are maintaining their corelation to the major currencies. Market direction is mostly infleunced by the large-cap coins, although they are not the main movers themselves.

The most popular cryptocurrency is up 4% to US $48,740. Ether is trading at US $3,760 (up 9.7%)

Among Top 10 big caps, Solana (SOL) is the best performer up 22.5% in 24 hours.

At press time, Top 10 variable-price crypto coins by market cap:

CryptoUSD24HCap
Bitcoin (BTC)$48,7404%$917B
Ethereum (ETH)$3,7609.7%$441B
Ripple (XRP)$1.234.7%$123B
Cardano (ADA)$2.853.6%$92.2B
Binance Coin (BNB)$5008.6%$84B
Dogecoin (DOGE)$0.39.5%$39.6B
Polkadot (DOT)$32.45%$35.9B
Uniswap (UNI)$30.54.4%$30.5B
ChainLinkToken (LINK)$29.210.4%$29.2B
Solana (SOL)$83.122.5%$24.2B

Meanwhile, there have been some digital coins greatly diverging from the market average in terms of their volatility.

Top 10 outperforming cryptocurrencies over the past 24 hour period:

CryptoUSD24HCap
Salt (SALT)$0.3744.9%$0.03B
SwarmCity (SWT)$0.04337.9%$0.00037B
FTX Token (FTT)$64.434.3%$20.9B
Solana (SOL)$83.122.5%$24.2B
Vethor (VTHO)$0.01317.8%$0.5B
ShareToken (SHR)$0.03715.3%$0.09B
Celer (CELR)$0.0615.3%$0.6B
Ren (REN)$0.914.4%$0.9B
CryptoSoul (SOUL)$0.3214.4%$0.032B
Aelf (ELF)$0.4713.9%$0.42B

10 underperforming cryptocurrencies over the past 24 hour period:

CryptoUSD24HCap
Ycash (YEC)$0.27-9.9%$0.0031B
Digitex Futures (DGTX)$0.0034-9%$0.005B
Dentacoin (DCN)$2.5E-5-8.2%$0.014B
Jobchain (JOB)$0.0009-6.8%$0.09B
Loopring (LRC)$0.5-4.8%$0.7B
Constellation (DAG)$0.32-4.3%$0.41B
Lunyr (LUN)$0.21-2.1%$0.00047B
Humaniq (HMQ)$0.006-1.9%$0.0011B
Metal (MTL)$4.35-1.9%$0.29B
Tokenpay (TPAY)$0.07-1.4%$0.0015B

Risk Warning: Cryptocurrency is a unregulated virtual notoriously volatile instrument with a high level of risk. Any news, opinions, research, data, or other information contained within this website is provided for news reporting purposes as general market commentary and does not constitute investment or trading advice.

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