Cryptos 7 Sept: Bitcoin cementing its above $50,000 level

The cryptocurrency market has struggled over the past 24 hour period to find direction with small breakout attempts in both directions. Overall, the market has ended up mostly flat with 1.79% bottomline.

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 trading at US $52,490. Second largest digital token ether is down 0.8% to US $3,900.

Among Top 10 big caps, Solana (SOL) is the best performer up 22.9% in 24 hours.

Top 10 cryptocurrencies by market capitalisation over the past 24 hour period:

CryptoUSD24HCap
Bitcoin (BTC)$52,4901.4%$987B
Ethereum (ETH)$3,900-0.8%$458B
Ripple (XRP)$1.372.7%$137B
Cardano (ADA)$2.82-3.1%$91.3B
Binance Coin (BNB)$495-1.5%$83.3B
Solana (SOL)$14322.9%$41.5B
Dogecoin (DOGE)$0.31-2.2%$40.1B
Polkadot (DOT)$33.9-1.1%$37.5B
ChainLinkToken (LINK)$34.21.9%$34.2B
Uniswap (UNI)$28.9-2.3%$28.9B

Meanwhile, some cryptocurrencies below have differed strongly from the market trend on the volatility index.

The list of Top 10 cryptos that are doing much better than the market over the day:

CryptoUSD24HCap
V-ID (VIDT)$0.828.2%$0.04B
Aelf (ELF)$0.823.5%$0.7B
Travala.com (AVA)$4.523.1%$0.23B
Solana (SOL)$14322.9%$41.5B
AmaCoin (AMA)$0.0520.5%$0B
FTX Token (FTT)$74.618.4%$24.2B
Rune (RUNE)$11.813.7%$2.7B
HEX (HEX)$0.412%$0.023B
STORJ (STORJ)$1.8911%$0.8B
Algorand (ALGO)$1.449.7%$8.3B

10 underperforming cryptocurrencies over the past 24 hour period:

CryptoUSD24HCap
Digitex Futures (DGTX)$0.003-11.1%$0.0048B
Ark (ARK)$1.83-8.1%$0.29B
Cosmos (ATOM)$24.9-7.5%$6.7B
Celer (CELR)$0.06-5.9%$0.6B
Litecoin (LTC)$216-5.5%$14.8B
Cartesi (CTSI)$0.9-5.3%$0.35B
Reserve Rights (RSR)$0.049-5.3%$4.9B
Ren (REN)$0.8-5.2%$0.8B
Holo (HOT)$0.012-5.1%$0.019B
Ravencoin (RVN)$0.14-5.1%$1.4B

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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