Minor massive cap sell-off sums up flat sentiment

by Jeremy

During the last 24 hours, the cryptocurrency market cap noticed web outflows of $8.43 billion and at present stands at $828.16 billion as of press time — down 1% from $836.59 billion on Nov. 16.

Bitcoin’s market cap fell 0.5% to $318.5 billion from $319.9 billion, whereas Ethereum’s market cap decreased by 1.6% to $146.8 billion from $149.2 billion.

The highest 10 cryptocurrencies all recorded losses over the reporting interval. Polygon noticed the most important dip, shedding 3.95%, whereas Solana held flat, down 0.15%.

Top 10 cryptocurrencies
Supply: CryptoSlate.com

Over the reporting interval, the market caps of Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD) all decreased to $65.9 billion, $44.3 billion, and $23.1 billion, respectively.

Bitcoin

Within the final 24 hours, Bitcoin misplaced 0.8% to commerce at $16,582 as of 07:00 ET. Its market dominance rose barely to 38.5% from 38.3% over the reporting interval.

BTC peaked at $16,722 at 18:00 (ET). Since then, the main cryptocurrency bottomed at $16,400 to development barely increased.

Bitcoin 24 hour chart
Supply: TradingView.com

Ethereum

ETH fell 2.4% within the final 24 hours, buying and selling for $1,200 as of 07:00 ET. Its market dominance fell barely to 17.8% from 17.9% over the reporting interval.

ETH hit an area high of $1,228 simply earlier than 21:00 (ET). A collection of distinctive ladders down adopted, with assist discovered at $1,180.

Ethereum 24-hour chart
Supply: TradingView.com

High 5 Gainers

Voyager Token

VGX was up 43.7% to $0.40779 as of press time. Binance has signaled curiosity in reviving the bankrupt platform. Its market cap stood at $113.56 million.

Volt Inu V2

VOLT elevated by 11.3% during the last 24 hours to $0.000001588 as of press time. The token grew 89% over the previous week. Its market cap stood at $87.23 million.

Belief Pockets Token

TWT noticed 10.7% features over the reporting interval to commerce at $2.12277 as of press time. TWT has benefited from the self-custody narrative ensuing from the FTX collapse. During the last 7 days, the token has elevated in worth by 95%. Its market cap stood at $884.45 million.

Chain

XCN grew 10.2% during the last 24 hours to commerce at $0.05222. Its market cap stood at $1.12 billion.

Vitality Net Token

EWT elevated by 9.9% to $3.43958 over the reporting interval. Its market cap stood at $103.4 million.

High 5 Losers

Secret

SCRT is the day’s largest loser, falling by 21.5% to $0.79453 as of press time. The token was the main gainer from yesterday. Its market cap stood at $129.74 million.

Serum

SRM fell by 12.4% within the final 24 hours to $0.27965. As an FTX-associated mission, the token has skilled sturdy draw back stress lately. SRM misplaced 61.8% over the previous month. Its market cap stood at $73.62 million.

Curve DAO Token

CRV decreased 8.4% over the reporting interval to commerce at $0.54901 at press time. Its market cap stood at $291.84 million.

Yearn Finance

YFI shed 5.8% of its worth within the final 24 hours and is buying and selling for $6,176.62 as of press time. Its market cap stood at $226.3 million.

DFI.Cash

YFII fell 5.4% within the final 24 hours to $2,483.10 as of press time. Regardless of inserting within the high 5 losers, the DeFi protocol has been on a tear these days, rising 146% over the previous month. Its market cap stood at $95.84 million.

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