In the past 24 hours, the cryptocurrency marketplace headdress saw outflows of astir $50 cardinal arsenic the manufacture plunged to $828.94 cardinal from $875.52 cardinal arsenic of property clip — down 4.23%.
Bitcoin and Ethereum’s marketplace headdress fell by 7.25% and 1.95% to $317.46 cardinal and $143.79 billion, respectively.
The apical 10 cryptocurrencies recorded losses for the 2nd consecutive time arsenic the crypto marketplace is inactive rocking from FTX’s implosion. Solana printed the highest nonaccomplishment with 25%, portion Polygon was the lone outlier with a 0.2% gain. BTC and ETH fell 7.25% and 1.95%, respectively.
The marketplace caps of Tether (USDT) and BinanceUSD (BUSD) decreased to $69.3 cardinal and $22.98 billion, respectively. USD Coin (USDC) marketplace headdress accrued to $42.9 billion.
Bitcoin
Over the past 24 hours, Bitcoin posted losses of 7.25% to commercialized astatine $16,439 arsenic of 07:00 ET. Its marketplace dominance decreased to 38.1% from 39.1%.
BTC continued its caller mediocre marketplace performance, falling beneath $17,000—the archetypal clip it has dropped that debased since November 2020. The plus bottomed astatine $15,682 and peaked astatine $17,942.
Ethereum
ETH decreased 1.95% to $1,184 arsenic of 07:00 ET. Its marketplace dominance roseate to 17.5% from 17%.
ETH struggled to enactment supra the $1,100 level arsenic the second-largest integer plus was besides affected by the FTX implosion. The plus bottomed astatine $1,083 implicit the reporting period.
Top 5 Gainers
Counos X
CCXX is the day’s biggest gainer for the 2nd consecutive day, rising by 334% to commercialized astatine $146.67 arsenic of property time. Its marketplace headdress besides surged to $2.62 billion.
Phala Network
PHA grew 36.37% implicit the reporting period, trading astatine $0.176 arsenic of property time. Over the past month, the privateness protocol has seen an awesome 119% gain. Its marketplace headdress stood astatine $101.86 million.
dYdX
The autochthonal token of the decentralized speech DYDX saw gains of 20.01% implicit the past 24 hours, trading astatine $1.50 arsenic of property time. Its marketplace headdress stood astatine $98.84 million.
Mask Network
MASK roseate 18.23% and is presently trading for $2.94 arsenic of property time. Its marketplace headdress stood astatine $84.99 million.
Terra Classic
The autochthonal token of the failed Terra ecosystem is besides 1 of the day’s biggest gainers. It is up 12.68% implicit the reporting play to
Top 5 Losers
FTX Token
FTT continues its rut, shedding 40.08% of its worth implicit the past 24 hours to $2.63 arsenic of property time. The speech was rocked by quality of Binance pulling retired of its acquisition deal. Its marketplace headdress stood astatine $350.69 million.
Flux
FLUX is the day’s 2nd biggest loser, falling by 22.54% implicit the reporting play to $0.42. its marketplace headdress stood astatine $117.88 million.
Kava
KAVA plummeted 18% implicit the past 24 hours to commercialized astatine $0.88 arsenic of property time. The token has mislaid implicit 38% of its worth implicit the past 7 days. Its marketplace headdress stood astatine $280.24 cardinal arsenic of property time.
Creditcoin
CTC recorded a 17% nonaccomplishment implicit the past 24 hours to commercialized astatine $0.37 arsenic of property time. The affiliate & contented selling protocol has fallen by 30% connected the 7 days metrics. Its marketplace headdress stood astatine $77.44 million.
Braintrust
BTRST plunged 16.29% implicit the reporting play to $1.12. It was unclear wherefore the token had experienced utmost volatility implicit the past 30 days, losing 45.96% of its value. Its marketplace headdress stood astatine $140.3 million.
The station CryptoSlate Daily wMarket Update – Nov. 9: Bitcoin trades astatine 2-year debased arsenic marketplace rut continues appeared archetypal connected CryptoSlate.