CryptoSlate Daily wMarket Update – Nov. 22: Litecoin storms into top 10 displacing TRON

1 year ago

The cryptocurrency marketplace headdress saw nett inflows of $47.8 cardinal implicit the past 24 hours and presently stands astatine $829.3 billion, up 6.1% implicit the reporting period.

Bitcoin’s marketplace headdress grew 5.4% to $318.7 cardinal from $302.5 billion, and Ethereum’s accrued 8.2% to $143.4 cardinal from $132.6 billion.

All of the apical 10 cryptocurrencies posted gains implicit the reporting period. Litecoin re-entered the illustration with a 27% summation successful value, passing Shiba Inu and ousting TRON from the list. Meanwhile, XRP brings up the rear with 4.4% gains.

Top 10 cryptocurrenciesSource: CryptoSlate.com

Over the reporting period, the marketplace caps of Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD) remained level astatine $65.4 billion, $44 billion, and $22.8 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin grew 5.5% to commercialized astatine $16,593 arsenic of 07:00 ET. Its marketplace dominance fell somewhat to 38.4% from 38.7% implicit the reporting period.

The starring cryptocurrency edged upward implicit the past day. A decisive determination higher astatine 21:00 (ET) connected Tuesday saw a continuation of buying unit that peaked astatine $16,670 astir 06:00 today. The bullish terms enactment brings invited alleviation to the events of caller weeks, but immoderate analysts ringing caution to this being a dormant feline bounce.

Bitcoin chartSource: TradingView.com

Ethereum

ETH accrued by 8.2% implicit the past 24 hours to commercialized astatine $1,174 arsenic of 07:00 ET. Its marketplace dominance grew to 17.3% from 17.0% implicit the reporting period.

Price enactment for Ethereum mirrored Bitcoin down to the terms spike astatine 21:00 (ET) connected Tuesday. Bulls topped retired astatine $1,184 conscionable earlier 06:00 (ET) today.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Chrono.tech

TIME is the day’s biggest gainer, increasing 77.8% arsenic of property clip to commercialized astatine $136.605. It is unclear wherefore the employment protocol spiked. However, caller terms show has been strong, with the token gaining 155% implicit the past week. Its marketplace headdress stood astatine $97.01 million.

Curve DAO Token

CRV is up 44.9% implicit the reporting play to $0.62563. Its marketplace headdress stood astatine $332.58 million.

Telcoin

TEL accrued by 42.8% implicit the past 24 hours to $0.00239 arsenic of property time. The token is up 95.3% implicit the past 30 days. Its marketplace headdress stood astatine $153.35 million.

Litecoin

LTC accrued by 27.4% to $78.9072 implicit the reporting period. This is owed to the marketplace seeking stableness amid contagion fears. Its marketplace headdress stood astatine $5.65 billion.

Convex Finance

CVX gained 21.6% successful the past 24 hours to commercialized astatine $4.30641 arsenic of property time. Its marketplace headdress stood astatine $304.09 million.

Top 5 Losers

HI

HI is the day’s biggest loser sinking 4.4% implicit the past 24 hours to $0.03838 arsenic of property time. The token is down 19.5% implicit the past 30 days. Its marketplace headdress stood astatine $111.26 million.

Braintrust

BTRST decreased by 2.4% implicit the past 24 hours to $0.78870 arsenic of property time. The decentralized endowment protocol continues selling off, down 54.9% implicit the past month. Its marketplace headdress stood astatine $100.55 million.

BinaryX

BNX recorded a 1.1% nonaccomplishment implicit the reporting play to commercialized astatine $158.881 arsenic of property time. Its marketplace headdress stood astatine $443.09 million.

PAX Gold

PAXG fell by 0.4% to $1,735.15 implicit the reporting period. The token is pegged to the terms of gold. Its marketplace headdress stood astatine $564.29 million.

Paxos Standard

USDP is down 0.2% to $1.00113 astatine the clip of press. The dollar-pegged stablecoin has experienced terms instability since Nov. 10. Its marketplace headdress stood astatine $946.71 million.

The station CryptoSlate Daily wMarket Update – Nov. 22: Litecoin storms into apical 10 displacing TRON appeared archetypal connected CryptoSlate.

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