The momentum in the cryptocurrency market appears to have further lost overnight and a market-wide pullback is looming amid caution trading and broad risk-off sentiment. Crypto tokens have shed roughly 1.69% on average during this period.
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, the largest cryptocurrency by market capitalization, is changing hands at US $44,670 (down 1.6%). Ether is down 1.9% to US $3,270.
Among Top 10 big caps, Polkadot (DOT) is the best performer up 11.1% in 24 hours.
As of press time, Top 10 free-floating cryptocurrencies over the day:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $44,670 | -1.6% | $840B |
| Ethereum (ETH) | $3,270 | -1.9% | $384B |
| Ripple (XRP) | $1.07 | -1.3% | $107B |
| Cardano (ADA) | $2.42 | -5.4% | $78.2B |
| Binance Coin (BNB) | $398 | -2.2% | $67B |
| Solana (SOL) | $182 | -12.2% | $53.4B |
| Polkadot (DOT) | $35.3 | 11.1% | $39.2B |
| Dogecoin (DOGE) | $0.24 | -1.3% | $31.4B |
| ChainLinkToken (LINK) | $27.5 | 0.7% | $27.5B |
| Uniswap (UNI) | $22.4 | -2.8% | $22.4B |
Meanwhile, some currencies have shown much extraordinary performance in terms of their volatility during this period.
At press time, here are 10 crypto coins outperforming the market average:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Polymath (POLY) | $0.7 | 16.1% | $0.7B |
| Cosmos (ATOM) | $31.9 | 14.2% | $8.6B |
| Tezos (XTZ) | $6.9 | 12.4% | $5.8B |
| NOW Token (NOW) | $0.05 | 12% | $0.0044B |
| Polkadot (DOT) | $35.3 | 11.1% | $39.2B |
| PowerLedger (POWR) | $0.39 | 7.7% | $0.39B |
| Celer (CELR) | $0.08 | 7.2% | $0.8B |
| Ontology gas (ONG) | $0.7 | 6.9% | $0.19B |
| Tron (TRX) | $0.11 | 6.7% | $10.7B |
| Algorand (ALGO) | $2.16 | 6.1% | $11.3B |
There are cryptos that have outperformed the market over the 24-hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| AmaCoin (AMA) | $0.06 | -26.7% | $0B |
| SwarmCity (SWT) | $0.029 | -22% | $0.00025B |
| V-ID (VIDT) | $1 | -16.7% | $0.048B |
| Jobchain (JOB) | $0.0009 | -16.2% | $0.09B |
| Solana (SOL) | $182 | -12.2% | $53.4B |
| OmiseGO (OMG) | $8.57 | -9.1% | $1.2B |
| HEX (HEX) | $0.39 | -8.7% | $0.022B |
| FTX Token (FTT) | $68 | -8.4% | $22B |
| Travala.com (AVA) | $3.61 | -7.9% | $0.19B |
| RipioCreditNetwork (RCN) | $0.023 | -7.4% | $0.023B |
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.
