The crypto market rebound appears to have run out of stream with some coins small losses over the past 24 hours. The market has moved up 0.72% on average during this time period due to notable upside traction in many altcoins and bitcoins holding and solidifying its ground.
It is hard to say whether the overall rebound is sustainable given the lack of direction and momentum as the buy volumes are still trailing, and any peaks are sharply sold off by bears who have lined up along the resistance levels.
It is not unusual to see some pullback over the weekend.
Bitcoin is changing hands at US $48,930 after the world's biggest and best-known cryptocurrency went up 0.6% overnight. Ether , the coin linked to the ethereum blockchain network, is trading around US $3,240.
Among Top 10 big caps, Solana (SOL) is the best performer up 4.5% in 24 hours.
Top 10 cryptocurrencies by market capitalisation over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $48,930 | 0.6% | $920B |
| Ethereum (ETH) | $3,240 | -1% | $380B |
| Ripple (XRP) | $1.24 | -1.9% | $123B |
| Cardano (ADA) | $2.5 | -0.3% | $80.8B |
| Binance Coin (BNB) | $451 | -0.5% | $75.8B |
| Dogecoin (DOGE) | $0.32 | -2.1% | $41.3B |
| Polkadot (DOT) | $27.8 | -3.1% | $30.7B |
| Uniswap (UNI) | $28.7 | -0.3% | $28.7B |
| ChainLinkToken (LINK) | $28 | -3.1% | $28B |
| Solana (SOL) | $71.7 | 4.5% | $20.6B |
Meanwhile, here is the list of Top 10 cryptos that are doing much better than the market over the day (COS has demonstrated impressive performance):
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Contentos (COS) | $0.031 | 70.7% | $0.11B |
| Pundi X (NPXS) | $0.0018 | 20.4% | $0.47B |
| Cosmos (ATOM) | $22.9 | 19.8% | $6.1B |
| Rune (RUNE) | $10.8 | 17.1% | $2.4B |
| FunFair (FUN) | $0.035 | 16.6% | $0.38B |
| EnjinCoin (ENJ) | $1.87 | 11.4% | $1.9B |
| Humaniq (HMQ) | $0.008 | 11.3% | $0.0015B |
| iExecRLC (RLC) | $4.4 | 10.3% | $0.35B |
| Algorand (ALGO) | $1.22 | 10.1% | $6.9B |
| Waves (WAVES) | $26.5 | 8.5% | $2.8B |
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.
