Upside bias prevailing in cryptocurrency market: 30 Aug

The cryptocurrency market looks somewhat calm with upward bias amid thin volume trading during the weekend as bargain hunters and technical traders have been in play to provide a risk-off tone to reverse the tipping point. Each cypto coin has gained about 1.89% on average over this period.

Smaller coins, which typically rise and fall in tandem with bitcoin, are maintaining their corelation to the major currencies. Market direction is mostly infleunced 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 $48,940 (down 0%). Ether is down 0.6% to US $3,230.

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:

CryptoUSD24HCap
Bitcoin (BTC)$48,9400%$920B
Ethereum (ETH)$3,230-0.6%$379B
Ripple (XRP)$1.150.1%$115B
Cardano (ADA)$2.850.2%$92.3B
Binance Coin (BNB)$481-1.1%$80.8B
Dogecoin (DOGE)$0.28-1.5%$36.9B
Polkadot (DOT)$25.8-0.8%$28.5B
Uniswap (UNI)$26.80%$26.8B
ChainLinkToken (LINK)$25.80.1%$25.8B
Solana (SOL)$83.122.5%$24.2B

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

Top 10 outperforming cryptocurrencies over the past 24 hour period:

CryptoUSD24HCap
SwarmCity (SWT)$0.04337.9%$0.00037B
Solana (SOL)$83.122.5%$24.2B
Salt (SALT)$0.313.3%$0.024B
Travala.com (AVA)$3.5413.1%$0.18B
Decentraland (MANA)$1.0413%$2.3B
Ren (REN)$0.710.2%$0.7B
Patientory (PTOY)$0.0219%$0.0015B
iExecRLC (RLC)$5.278.6%$0.42B
Ontology gas (ONG)$0.76.9%$0.19B
EnjinCoin (ENJ)$2.196.4%$2.2B

The list of 10 worst performing cryptos that you wouldn't want to hold given their performance over the day:

CryptoUSD24HCap
Ycash (YEC)$0.29-18.3%$0.0033B
Jobchain (JOB)$0.0009-17%$0.09B
Dentacoin (DCN)$2.5E-5-8.2%$0.014B
Digitex Futures (DGTX)$0.0038-7.7%$0.006B
HEX (HEX)$0.22-7.7%$0.013B
Melon (MLN)$117-7.4%$0.21B
FTX Token (FTT)$48-6.3%$15.6B
Bread (BRD)$0.2-5%$0.018B
COTI (COTI)$0.37-4.7%$0.7B
RipioCreditNetwork (RCN)$0.025-4.6%$0.025B

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