The crypto market continues trending upwards with major coins making reasonable gains over the past 24 hours. The market has moved up 2.44% on average during this time period.
It is hard to say whether the 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. This has been very much the pattern of the market in the past day.
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, the largest cryptocurrency by market capitalization, is changing hands at US $49,190 (up 2.4%), just under the US $50,000 it failed to hold this week. Ether is up 1.3% to US $3,240.
Among Top 10 big caps, Binance Coin (BNB) is the best performer up 7.8% in 24 hours.
Top 10 cryptocurrencies by market capitalisation over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $49,190 | 2.4% | $925B |
| Ethereum (ETH) | $3,240 | 1.3% | $380B |
| Ripple (XRP) | $1.18 | 2.1% | $118B |
| Cardano (ADA) | $2.74 | -0.7% | $88.6B |
| Binance Coin (BNB) | $517 | 7.8% | $86.9B |
| Dogecoin (DOGE) | $0.29 | 0% | $38.4B |
| Polkadot (DOT) | $26.3 | 2.8% | $29.1B |
| Uniswap (UNI) | $27.4 | 1.9% | $27.4B |
| ChainLinkToken (LINK) | $26.8 | 2.3% | $26.8B |
| Solana (SOL) | $71.7 | 4.5% | $20.6B |
Top 10 outperforming cryptocurrencies over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| COTI (COTI) | $0.44 | 50.4% | $0.9B |
| Tezos (XTZ) | $5.05 | 25.1% | $4.3B |
| Contentos (COS) | $0.029 | 24.1% | $0.1B |
| Gnosis (GNO) | $339 | 20.5% | $3.4B |
| STORJ (STORJ) | $1.57 | 18.7% | $0.7B |
| Constellation (DAG) | $0.44 | 17.1% | $0.6B |
| Decentraland (MANA) | $1 | 12.5% | $2.2B |
| Humaniq (HMQ) | $0.008 | 11.3% | $0.0015B |
| Groestlcoin (GRS) | $1 | 10.1% | $0.08B |
| iExecRLC (RLC) | $5.27 | 8.6% | $0.42B |
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.
