CryptoSlate Daily wMarket Update – Oct 10: XRP leads losses as Bitcoin holds steady at $19K

1 year ago

The full cryptocurrency marketplace headdress saw nett outflows totaling $20.53 billion. As of property time, the industry’s marketplace headdress stood astatine $920.62 billion, down 2.23% implicit the past 24 hours.

Bitcoin’s marketplace headdress fell 1.60% implicit the reporting play to $366.19 cardinal from $372.049 billion. Meanwhile, Ethereum’s marketplace headdress was down 2.79% to $157.19 cardinal from $161.58 billion.

The apical 10 cryptocurrencies each saw losses implicit the past 24 hours, with XRP falling the astir astatine 7.53%, intimately followed by ADA’s 5.98% decline. Bitcoin recorded the slightest nonaccomplishment arsenic it shed 1.97% of its value.

Tether’s (USDT) marketplace headdress saw a flimsy summation implicit the past 24 hours to $68.42 billion. BinanceUSD (BUSD) marketplace headdress remained comparatively level astatine $21.6 billion. The USD Coin (USDC) marketplace headdress dipped to $46 billion.

Bitcoin

Bitcoin fell 1.89% implicit the past 24 hours to commercialized astatine $19,054 arsenic of property time. Its marketplace dominance stood astatine 39.76% implicit the reporting period.

Since dipping beneath the $20,000 level, BTC has mostly traded betwixt $19,200-$19,500. However, the coin printed a ample reddish candle during the precocious trading hours of Oct 10, which concisely dragged it beneath the $19,000 mark.

Ethereum

Ethereum’s terms fell 3.02% successful the past 24 hours to commercialized astatine $1,280 arsenic of property time. Its marketplace dominance stood astatine 17.08%.

ETH traded for arsenic precocious arsenic $1319 implicit the reporting play and bottomed astatine $1272. The integer plus has continued to commercialized sideways since it completed its migration to proof-of-stake.

Top 5 Gainers

TerraUSD

USTC is the day’s biggest gainer, rising 51.65% successful the past 24 hours to commercialized astatine $0.05635 arsenic of property time. The failed algorithmic stablecoin saw its worth surge connected the emergence of a caller re-peg proposal. Its marketplace headdress stood astatine $543.26 million.

Huobi Token

HT gained 21.29% implicit the reporting play to commercialized astatine $5.28709 arsenic of property time. Its affirmative show was spurred by the caller takeover of its genitor company, Huobi Global. Its marketplace headdress stood astatine $795.33 million.

Hive

HIVE is up 7.06% successful the past 24 hours to commercialized astatine $0.57433 arsenic of property time. The autochthonal token of the societal networking blockchain has risen by implicit 18% successful the past 7 days. Its marketplace headdress stood astatine $253.31 million.

Energy Web Token

EWT recorded a 4.23% summation implicit the reporting play to commercialized astatine $3.88139 arsenic of property time. The Proof-of-Authority (PoA) Ethereum Virtual Machine blockchain supports enterprise-grade applications successful the vigor sector. Its marketplace headdress was $116.16 cardinal astatine property time.

Radio Caca

RACA roseate 2.09% to commercialized astatine $0.00038 arsenic of property time. The metaverse-related token has mislaid implicit 25% of its worth successful the past 30 days. Its marketplace headdress stood astatine $120.96 million.

Top 5 Losers

Velas

VLX is today’s biggest loser, posting 16.49% losses to commercialized astatine $$0.04468 arsenic of property time. The Ethereum Virtual Machine (EVM) blockchain has recorded a sell-off successful the past 7 days. Its marketplace headdress stood astatine $105.51 million.

Chiliz

CHZ plunged 11.7% to commercialized astatine $0.18713 arsenic of property time. The integer athletics currency has been performing poorly, losing implicit 8% of its worth successful the past month. Its marketplace headdress stood astatine $1.12 billion.