The cryptocurrency market has slightly recovered but losses are still too deep to be covered by the recent rebound as the recent swing movement has so far failed to turn into upward traction in order to reverse the prevailing overall downtrend that may form a medium to long-term direction.
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 changing hands at US $47,100 after the world's biggest and best-known cryptocurrency went up 4.3% overnight. Ether , the coin linked to the ethereum blockchain network, is trading around US $3,400.
Among Top 10 big caps, ChainLinkToken (LINK) is the best performer up 10.5% in 24 hours.
Top 10 cryptocurrencies by market capitalisation over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $47,100 | 4.3% | $886B |
| Ethereum (ETH) | $3,400 | 2.9% | $400B |
| Ripple (XRP) | $1.09 | 1.3% | $109B |
| Cardano (ADA) | $2.39 | -0.8% | $77.2B |
| Binance Coin (BNB) | $412 | 3% | $69.3B |
| Solana (SOL) | $182 | -12.2% | $53.4B |
| Polkadot (DOT) | $36.7 | 6.2% | $40.7B |
| Dogecoin (DOGE) | $0.24 | 1.4% | $31.4B |
| ChainLinkToken (LINK) | $30 | 10.5% | $30B |
| Uniswap (UNI) | $25.1 | 9.8% | $25.1B |
Meanwhile, some currencies have shown much extraordinary performance in terms of their volatility during this period.
Out of the relatively known digital coins, here are Top 10 cryptos that are doing better than the market over the day:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Celer (CELR) | $0.11 | 40.5% | $1.1B |
| HBAR (HBAR) | $0.5 | 30.8% | $5.1B |
| Ren (REN) | $0.8 | 23.9% | $0.8B |
| AmaCoin (AMA) | $0.045 | 21.8% | $0B |
| Melon (MLN) | $126 | 21.5% | $0.23B |
| Aave (AAVE) | $382 | 14.5% | $6.1B |
| Compound (COMP) | $437 | 13.6% | $4.4B |
| Constellation (DAG) | $0.3 | 12.7% | $0.38B |
| NOW Token (NOW) | $0.05 | 12% | $0.0044B |
| ChainLinkToken (LINK) | $30 | 10.5% | $30B |
10 underperforming cryptocurrencies over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| SwarmCity (SWT) | $0.029 | -22% | $0.00025B |
| Solana (SOL) | $182 | -12.2% | $53.4B |
| Credits (CS) | $0.027 | -6.7% | $0.006B |
| Kin (KIN) | $0.00013 | -6.4% | $0.00013B |
| RipioCreditNetwork (RCN) | $0.022 | -5.6% | $0.022B |
| Algorand (ALGO) | $2.03 | -5.5% | $10.6B |
| Polymath (POLY) | $0.7 | -5.2% | $0.7B |
| Cosmos (ATOM) | $33.4 | -4.8% | $9B |
| Tokenpay (TPAY) | $0.1 | -4.3% | $0.0023B |
| Ycash (YEC) | $0.34 | -4.3% | $0.0039B |
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.
