Ethereum leads positive factors as Bitcoin crosses $20k

by Jeremy

The cryptocurrency market cap noticed internet inflows of $65.75 billion over the previous 24 hours, pushing the full to $995.22 billion from $929.47 billion as of press time. The market cap elevated by 7.10% over the past 24 hours.

Bitcoin’s market cap rose 6.98% over the reporting interval to $395.99 billion, whereas Ethereum’s market cap elevated by 14.2% to $187.92 billion.

The highest 10 cryptocurrencies all recorded positive factors over the reporting interval, with Bitcoin rising above the $20,000 mark for the primary time because the begin of October. Ethereum posted the very best achieve, rising 14.01% to $1531.

CryptoSlate wMarket update
Prime 10 Cryptocurrencies (Supply: CryptoSlate)

The market cap of Tether (USDT) barely elevated to $68.52 billion from $68.47 billion. BinanceUSD (BUSD) additionally rose to $21.63 billion from $21.62 billion. In the meantime, USD Coin’s (USDC) market cap remained flat at $43.80 billion.

Bitcoin

During the last 24 hours, Bitcoin value rose by 6.92% to commerce at $20,604 as of 06:30 ET. Its market dominance stood at 39.82% over the reporting interval.

The flagship digital asset peaked at $20,682 over the last 24 hours. The flagship digital asset crossed the $20,000 mark round 13:00 UTC, liquidating over $350 million in brief positions.

CryptoSlate wMarket update
BTC 24-Hour Worth Efficiency (Supply: Tradingview)

Ethereum

Ethereum’s value recorded the very best achieve among the many high 10 cryptocurrencies. It rose 14.01% to commerce at $1,531as of 06:30 ET. Its market dominance stood at 18.9% over the past 24 hours.

The second-largest cryptocurrency mirrored BTC’s value efficiency over the reporting interval. ETH crossed the $1500 mark round 13:30 UTC.

CryptoSlate wMarket update
ETH 24-Hour Worth Efficiency (Supply: Tradingview)

Prime 5 Gainers

Lukso

LYXe is the day’s greatest gainer, rising 29.54% over the reporting interval to commerce at $9.53 as of press time. The crypto token has been on a tear up to now seven days as its worth has elevated by 64.93%. Its market cap stood at $145.88 million.

SSV.Community

SSV grew 22.42% over the previous 24 hours to $11.33. The challenge has seen its demand rise after experiencing excessive volatility earlier within the month. Its market cap stood at $113.32 million as of press time.

Optimism

OP, the native token of the layer2 community, can be among the many day’s high gainers. It rose by 20.23% to commerce at $1 as of press time. Its market cap stood at $235.72 million.

Toncoin

TON continues its spectacular efficiency this week, gaining 17.84% over the past 24 hours. It has risen by over 45% this week. Its market cap stood at $2.2 billion.

Rocket Pool

RPL recorded 15.83% positive factors over the previous 24 hours to commerce at round $24.93 at press time. The staking protocol’s token noticed its value rise following staked Ethereum crossing 14 million within the third quarter. Its market cap stood at $256.37 million.

Prime 5 Losers

APENFT

NFT is the day’s greatest loser, shedding 2.46% of its worth to commerce at $0.000000638484 as of press time. The NFT-related token had grown by over 22% within the final 30 days. Its market cap stood at $176.55 million.

Mdex

MDX plunged 2.37% over the past 24 hours to $0.17. The decentralized change token has been one of many best-performing digital property over the previous 30 days, rising 171%. Its market cap stood at $157.96 million.

Sologenic

SOLO is down 1.54% over the reporting interval, buying and selling at $0.36 as of press time. The liquidity provision protocol has elevated by 161% over the past 30 days. Its market cap stood at $146.18 million.

Quant

After a formidable run that pushed its worth over $200, QNT is buying and selling for $176 after dropping 1.17% of its worth within the final 24 hours. Its market cap stood at $2.12 billion.

Ribbon Finance

RBN misplaced 1.1% to commerce at $0.366 as of press time. The token has risen by 28.3% over the past 30 days. Its market cap stood at $207.06 million.

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