CryptoSlate Daily wMarket Update – Nov. 16: Minor large cap sell-off sums up flat sentiment

1 year ago

Over the past 24 hours, the cryptocurrency marketplace headdress saw nett outflows of $8.43 cardinal and presently stands astatine $828.16 cardinal arsenic of property clip — down 1% from $836.59 cardinal connected Nov. 16.

Bitcoin’s marketplace headdress fell 0.5% to $318.5 cardinal from $319.9 billion, portion Ethereum’s marketplace headdress decreased by 1.6% to $146.8 cardinal from $149.2 billion.

The apical 10 cryptocurrencies each recorded losses implicit the reporting period. Polygon saw the biggest dip, losing 3.95%, portion Solana held flat, down 0.15%.

Top 10 cryptocurrenciesSource: CryptoSlate.com

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

Bitcoin

In the past 24 hours, Bitcoin mislaid 0.8% to commercialized astatine $16,582 arsenic of 07:00 ET. Its marketplace dominance roseate somewhat to 38.5% from 38.3% implicit the reporting period.

BTC peaked astatine $16,722 astatine 18:00 (ET). Since then, the starring cryptocurrency bottomed astatine $16,400 to inclination somewhat higher.

Bitcoin 24 hr  chartSource: TradingView.com

Ethereum

ETH fell 2.4% successful the past 24 hours, trading for $1,200 arsenic of 07:00 ET. Its marketplace dominance fell somewhat to 17.8% from 17.9% implicit the reporting period.

ETH deed a section apical of $1,228 conscionable earlier 21:00 (ET). A bid of distinctive ladders down followed, with enactment recovered astatine $1,180.

Ethereum 24-hour chartSource: TradingView.com

Top 5 Gainers

Voyager Token

VGX was up 43.7% to $0.40779 arsenic of property time. Binance has signaled involvement successful reviving the bankrupt platform. Its marketplace headdress stood astatine $113.56 million.

Volt Inu V2

VOLT accrued by 11.3% implicit the past 24 hours to $0.000001588 arsenic of property time. The token grew 89% implicit the past week. Its marketplace headdress stood astatine $87.23 million.

Trust Wallet Token

TWT saw 10.7% gains implicit the reporting play to commercialized astatine $2.12277 arsenic of property time. TWT has benefited from the self-custody communicative resulting from the FTX collapse. Over the past 7 days, the token has accrued successful worth by 95%. Its marketplace headdress stood astatine $884.45 million.

Chain

XCN grew 10.2% implicit the past 24 hours to commercialized astatine $0.05222. Its marketplace headdress stood astatine $1.12 billion.

Energy Web Token

EWT accrued by 9.9% to $3.43958 implicit the reporting period. Its marketplace headdress stood astatine $103.4 million.

Top 5 Losers

Secret

SCRT is the day’s biggest loser, falling by 21.5% to $0.79453 arsenic of property time. The token was the starring gainer from yesterday. Its marketplace headdress stood astatine $129.74 million.

Serum

SRM fell by 12.4% successful the past 24 hours to $0.27965. As an FTX-associated project, the token has experienced beardown downside unit recently. SRM mislaid 61.8% implicit the past month. Its marketplace headdress stood astatine $73.62 million.

Curve DAO Token

CRV decreased 8.4% implicit the reporting play to commercialized astatine $0.54901 astatine property time. Its marketplace headdress stood astatine $291.84 million.

Yearn Finance

YFI shed 5.8% of its worth successful the past 24 hours and is trading for $6,176.62 arsenic of property time. Its marketplace headdress stood astatine $226.3 million.

DFI.Money

YFII fell 5.4% successful the past 24 hours to $2,483.10 arsenic of property time. Despite placing successful the apical 5 losers, the DeFi protocol has been connected a teardrop lately, increasing 146% implicit the past month. Its marketplace headdress stood astatine $95.84 million.

The station CryptoSlate Daily wMarket Update – Nov. 16: Minor ample headdress sell-off sums up level sentiment appeared archetypal connected CryptoSlate.

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