The cryptocurrency market has spent a better part of the last 24 hours consolidating around the current levels in swing trading with potential upward traction slowing down likely due to the usual low buy orders on Sunday. Market has gained about 0.79% on average over this period.
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, the largest cryptocurrency by market capitalization, is changing hands at US $48,770 (down 0.5%). Ether is down 1.3% to US $3,230.
Although upward momentum quickly ran out of stream, uptrend remains intact. Bitcoin is still expected to struggle around US $50,0000 level due to large number of sellers lining up just above this level.
Among Top 10 big caps, Solana (SOL) is the best performer up 22.5% in 24 hours.
Top 10 cryptocurrencies by market capitalisation over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Bitcoin (BTC) | $48,770 | -0.5% | $917B |
| Ethereum (ETH) | $3,230 | -1.3% | $379B |
| Ripple (XRP) | $1.14 | -2.4% | $114B |
| Cardano (ADA) | $2.84 | -1.3% | $91.8B |
| Binance Coin (BNB) | $485 | -1.4% | $81.6B |
| Dogecoin (DOGE) | $0.28 | -2.6% | $37.3B |
| Polkadot (DOT) | $25.8 | -2.4% | $28.5B |
| Uniswap (UNI) | $26.9 | -1.8% | $26.9B |
| ChainLinkToken (LINK) | $25.8 | -0.9% | $25.8B |
| Solana (SOL) | $83.1 | 22.5% | $24.2B |
Meanwhile, some cryptocurrencies below have differed strongly from the market trend on the volatility index.
As of press time, Top 10 cryptocurrencies that have outperformed the overall market trend:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| SwarmCity (SWT) | $0.043 | 37.9% | $0.00037B |
| Salt (SALT) | $0.27 | 25.9% | $0.022B |
| Solana (SOL) | $83.1 | 22.5% | $24.2B |
| Loopring (LRC) | $0.5 | 9.2% | $0.7B |
| Patientory (PTOY) | $0.021 | 9% | $0.0015B |
| Bitcoin Gold (BTG) | $75.3 | 8.7% | $1.4B |
| iExecRLC (RLC) | $5.27 | 8.6% | $0.42B |
| Holo (HOT) | $0.011 | 8.4% | $0.018B |
| Bread (BRD) | $0.21 | 6.9% | $0.019B |
| Ontology gas (ONG) | $0.7 | 6.9% | $0.19B |
10 underperforming cryptocurrencies over the past 24 hour period:
| Crypto | USD | 24H | Cap |
|---|---|---|---|
| Digitex Futures (DGTX) | $0.0034 | -12.9% | $0.005B |
| AmaCoin (AMA) | $0.027 | -12.3% | $0B |
| Dentacoin (DCN) | $2.5E-5 | -8.2% | $0.014B |
| Constellation (DAG) | $0.37 | -8.1% | $0.47B |
| COTI (COTI) | $0.38 | -6.2% | $0.8B |
| Verge (XVG) | $0.027 | -5.5% | $0.45B |
| Reserve Rights (RSR) | $0.05 | -5.5% | $5.1B |
| Credits (CS) | $0.032 | -5.2% | $0.007B |
| Monero (XMR) | $300 | -5.2% | $5.4B |
| Decred (DCR) | $171 | -4.2% | $2.3B |
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.
