Crypto market has seen a return of some confidence on China news to push higher across the board on the back of bullish sentiment and risk-off trading. The overall market-wide upward traction has been remarkable with an average gain of 4% in the past 24 hours.
Smaller coins, which typically rise and fall in tandem with bitcoin, are maintaining their correlation to the major currencies. Market direction is mostly influenced by the large-cap coins, although they are not the main movers themselves.
Bitcoin is trading at US $44,110. Second largest digital token ether is up 5.5% to US $3,110.
Among Top 10 big caps, Polkadot (DOT) is the best performer up 8.2% while Solana (SOL) was the worst in the past 24 hours.
As of press time, Top 10 free-floating cryptocurrencies over the day:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $44,110 | 4.1% | $830B |
| Ethereum (ETH) | $3,110 | 5.5% | $366B |
| Ripple (XRP) | $1 | 6.5% | $99.1B |
| Cardano (ADA) | $2.22 | 4.9% | $72B |
| Binance Coin (BNB) | $375 | 3.3% | $63B |
| Solana (SOL) | $147 | -7.9% | $43.6B |
| Polkadot (DOT) | $31.5 | 8.2% | $35.1B |
| Dogecoin (DOGE) | $0.22 | 4.8% | $29B |
| ChainLinkToken (LINK) | $23.9 | 3.2% | $23.9B |
| Uniswap (UNI) | $21.3 | 4.7% | $21.3B |
Meanwhile, some currencies have shown much extraordinary performance in terms of their volatility during this period.
At press time, here are 10 crypto coins outperforming the market average:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Celer (CELR) | $0.13 | 54.2% | $1.3B |
| SwarmCity (SWT) | $0.039 | 38.8% | $0.00033B |
| COTI (COTI) | $0.44 | 23.9% | $0.9B |
| Cosmos (ATOM) | $40.5 | 23.5% | $11.3B |
| ShareToken (SHR) | $0.028 | 22.8% | $0.06B |
| Tezos (XTZ) | $6.01 | 20.3% | $5.3B |
| V-ID (VIDT) | $0.8 | 13.4% | $0.041B |
| HBAR (HBAR) | $0.37 | 12.1% | $3.8B |
| Rune (RUNE) | $7.69 | 10% | $1.7B |
| Algorand (ALGO) | $1.93 | 9.8% | $11.9B |
As of press time, these are 10 cryptocurrencies that have underperformed the overall market trend:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Populous (PPT) | $1.03 | -28.4% | $0.05B |
| Melon (MLN) | $145 | -21.1% | $0.27B |
| Jobchain (JOB) | $0.0006 | -10.9% | $0.06B |
| Humaniq (HMQ) | $0.006 | -8.6% | $0.0011B |
| iExecRLC (RLC) | $3.58 | -8.3% | $0.29B |
| Solana (SOL) | $147 | -7.9% | $43.6B |
| Hydro (HYDRO) | $0.021 | -4.9% | $0.0016B |
| Aelf (ELF) | $0.8 | -4% | $0.7B |
| Dentacoin (DCN) | $2.5E-5 | -3.8% | $0.014B |
| CryptoSoul (SOUL) | $0.49 | -3.4% | $0.05B |
