CryptoSlate Daily wMarket Update – Oct. 20: TRON leads top 10 in continued sluggish market

1 year ago

The cryptocurrency marketplace headdress saw nett outflows of $9.1 cardinal since the past wMarket report. As of property time, the full crypto marketplace headdress stood astatine $910.96 billion, down 1% implicit the past 24 hours.

Bitcoin’s marketplace headdress fell 0.1% implicit the reporting play to $365.4 cardinal from $369.10 billion. Meanwhile, Ethereum’s marketplace headdress decreased by 1.6% to $157.58 cardinal from $158.01 billion.

The apical 10 cryptocurrencies each posted losses implicit the past 24 hours. The objection was TRON, which saw a marginal summation of 0.33%. Polkadot was the biggest loser, dropping 4.3% successful its terms implicit the period.

Top 10 cryptocurrenciesSource: CryptoSlate.com

The marketplace caps of Tether (USDT) and BinanceUSD (BUSD) were level implicit the past 24 hours astatine $68.45 cardinal and $21.63 billion, respectively. Meanwhile, USD Coin’s (USDC) marketplace headdress continued to fall, losing $0.53 cardinal to $43.89 billion.

Bitcoin

Over the past 24 hours, the Bitcoin terms fell 0.4% to commercialized astatine $19,058 arsenic of property time. Its marketplace dominance roseate somewhat to 40.1% from 39.9% implicit the reporting period.

During the reporting period, the starring cryptocurrency peaked astatine $19.350, starring to a downtrend. The BTC terms recovered enactment astatine $18,930 astatine 21:30 (UTC), ranging successful a constrictive set betwixt $18,980 and $19,130 since.

Bitcoin chartSource: TradingView.com

Ethereum

Ethereum’s terms fell by 0.2% to commercialized astatine $1,289 arsenic of property time. Its marketplace dominance roseate somewhat from 17.2% to 17.3%.

Over the reporting period, the second-largest cryptocurrency besides topped retired by Thursday aboriginal evening astatine $1,311. Mirroring BTC, ETH’s downtrend bounced astatine 21:30 (UTC), uncovering enactment astatine $1,272. The ensuing terms enactment saw ranging betwixt $1,279 and $1,292.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Phala.Network

PHA is today’s apical gainer, increasing 18.6% implicit the reporting play to commercialized astatine $0.24889 arsenic of property time. The privateness protocol has seen an awesome 172% summation implicit the past month. Its marketplace headdress stood astatine $101.86 million.

Toncoin

TON grew 11.4% implicit the reporting period, trading astatine $1.37808 arsenic of property time. The token saw dense request connected Thursday evening, starring to a spike successful price. Its marketplace headdress stood astatine $1.68 billion.

Polymath Network

POLY gained 5.1% implicit the past 24 hours to commercialized astatine $0.26946 arsenic of property time. Its marketplace headdress stood astatine $249.25 million.

Casper

CSPR roseate 3.8% implicit the past time to commercialized astatine $0.04339 astatine the clip of publishing. The enterprise-focused protocol is up 57% implicit the past 30 days. Its marketplace headdress stood astatine $452.89 million.

Sologenic

SOLO gained 2.2% implicit the reporting period, trading astatine $0.30810 arsenic of property time. The liquidity proviso protocol is up 132% implicit the past 30 days. Its marketplace headdress stood astatine $123.22 million.

Top 5 Losers

Energy Web Token

EWT shed 11.2% implicit the reporting play to commercialized astatine $4.22802 arsenic of property time. Despite today’s sell-off, the vigor sector-focused concatenation has seen 10% terms maturation this past week. Its marketplace headdress stood astatine $127.1 million.

Synapse

SYN recorded a 10.1% nonaccomplishment implicit the past 24 hours to commercialized astatine $0.94909 arsenic of property time. The cross-chain protocol has experienced utmost volatility since the commencement of this week. Its marketplace headdress stood astatine $132.66 million.

Axie Infinity

AXIE shed 9.6% successful the past 24 hours to commercialized astatine $9.06689 arsenic of property time. Since its high-profile hack successful March, the governance token has plummeted successful value, presently down 92% implicit the past year. Its marketplace headdress stood astatine $874.92 million.

SushiSwap

SUSHI fell 8.8% implicit the past 24 hours to commercialized astatine $1.32900 astatine the clip of publishing. The AMM DEX made a section apical of $1.52 connected October 19 and has been trending downwards since. Its marketplace headdress amounted to $169.11 million.

Fruits

FRTS mislaid 8.6% implicit the reporting period, trading astatine $0.00917 arsenic of property time. The foundation protocol continues flipping betwixt the apical gainers and losers but remains down 99% from its all-time high. Its marketplace headdress stood astatine $193.26 million.

The station CryptoSlate Daily wMarket Update – Oct. 20: TRON leads apical 10 successful continued sluggish market appeared archetypal connected CryptoSlate.

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