Momentum runs out of puff: Crypto market 9 Oct

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 0.15% 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 is changing hands at US $54,970 after the world's biggest and best-known cryptocurrency went up 1.5% overnight. Ether , the coin linked to the ethereum blockchain network, is trading around US $3,610.

Among Top 10 big caps, Solana (SOL) is the best performer up 1.9% in 24 hours.

As of press time, Top 10 free-floating cryptocurrencies over the day:

CryptoUSD24HCap
Bitcoin (BTC)$54,9701.5%$1035B
Ethereum (ETH)$3,6100.7%$424B
Ripple (XRP)$1.07-0.3%$107B
Cardano (ADA)$2.26-0.9%$73.2B
Binance Coin (BNB)$423-2.7%$71.1B
Solana (SOL)$1551.9%$46.5B
Polkadot (DOT)$33.8-0.2%$37.8B
Dogecoin (DOGE)$0.250.1%$32.4B
ChainLinkToken (LINK)$26.5-1.2%$26.5B
Uniswap (UNI)$25.1-0.4%$25.1B

Not all currencies moved in line with the market trend over the past 24 hours, as shown bellow in the top and bottom performers.

There are cryptos that have outperformed the market over the 24-hour period:

CryptoUSD24HCap
Celer (CELR)$0.1726.9%$1.7B
NOW Token (NOW)$0.0612.6%$0.005B
Ontology (ONT)$1.079.7%$1.1B
COTI (COTI)$0.69.7%$1.2B
Metal (MTL)$3.749.4%$0.25B
Populous (PPT)$0.88.1%$0.044B
Viberate (VIB)$0.057.9%$0.011B
Ark (ARK)$1.647%$0.26B
Ontology gas (ONG)$0.76.9%$0.19B
Jobchain (JOB)$0.00076.8%$0.07B

At press time, here are 10 crypto coins far underperforming the market average:

CryptoUSD24HCap
Humaniq (HMQ)$0.008-10.1%$0.0014B
Lunyr (LUN)$0.13-9.1%$0.00029B
Dentacoin (DCN)$2.6E-5-7.2%$0.014B
Patientory (PTOY)$0.02-5.5%$0.0014B
Aave (LEND)$2.97-4.5%$0.16B
RipioCreditNetwork (RCN)$0.026-4.3%$0.026B
Rune (RUNE)$8.31-4.2%$1.9B
OmiseGO (OMG)$14-3.8%$2B
AmaCoin (AMA)$0.06-3.7%$0B
Tokenpay (TPAY)$0.08-3.2%$0.0017B

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