The crypto market continues to extend losses across the board as prevailing selloff by investors is showing no signs of abating on the back of a strong risk constellation. Average loss per coin has been near 10.69% over the past 24-hour period.
Investors and traders are growing increasingly nervous amid souring mood and negative outlook over the China real estate sector and overall stall in global economy that may open up a long-lasting downward spiral, adding to the challenges facing digital asset holders in the market.
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 changing hands at US $42,890 after the world's biggest and best-known cryptocurrency went down 8.7% overnight. Ether , the coin linked to the ethereum blockchain network, is trading around US $2,960.
At press time, Top 10 variable-price crypto coins by market cap:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $42,890 | -8.7% | $807B |
| Ethereum (ETH) | $2,960 | -9.7% | $349B |
| Ripple (XRP) | $0.9 | -9.4% | $92B |
| Cardano (ADA) | $2.08 | -8.7% | $67.4B |
| Binance Coin (BNB) | $364 | -10.9% | $61.2B |
| Solana (SOL) | $147 | -7.9% | $43.6B |
| Polkadot (DOT) | $28.1 | -14.6% | $31.3B |
| Dogecoin (DOGE) | $0.21 | -10.6% | $27.3B |
| ChainLinkToken (LINK) | $23.6 | -13.8% | $23.6B |
| Uniswap (UNI) | $20.9 | -12.6% | $20.9B |
Meanwhile, there have been some digital coins greatly diverging from the market average in terms of their volatility.
Top 10 outperforming cryptocurrencies over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| SwarmCity (SWT) | $0.039 | 38.8% | $0.00033B |
| Ontology gas (ONG) | $0.7 | 6.9% | $0.19B |
| OmiseGO (OMG) | $10.3 | 6.6% | $1.4B |
| Lunyr (LUN) | $0.23 | 5.7% | $0.0005B |
| NOW Token (NOW) | $0.05 | 3.1% | $0.0045B |
| Sentinel (SENT) | $0.03 | 2.1% | $0.06B |
| FunFair (FUN) | $0.02 | 1% | $0.22B |
| Reserve (RSV) | $1 | 0.3% | $0B |
| TrueUSD (TUSD) | $1 | 0% | $1.1B |
| DAI (DAI) | $1 | 0% | $6.2B |
There are cryptos that have outperformed the market over the 24-hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Cosmos (ATOM) | $33.9 | -23.4% | $9.1B |
| Tezos (XTZ) | $5.3 | -18.7% | $4.5B |
| Rune (RUNE) | $7.44 | -18.6% | $1.7B |
| ShareToken (SHR) | $0.023 | -17.9% | $0.05B |
| Origin Protocol (OGN) | $0.8 | -17.7% | $0.8B |
| Aragon (ANT) | $4.91 | -17.6% | $0.21B |
| Ark (ARK) | $1.53 | -17.5% | $0.24B |
| Reserve Rights (RSR) | $0.031 | -17.4% | $3.1B |
| Metal (MTL) | $3.01 | -17.2% | $0.2B |
| TenXPay (PAY) | $0.047 | -17.1% | $0.01B |
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.
