CryptoSlate Daily wMarket Update – Oct. 24: Polkadot sees slight gain as market rut continues

The cryptocurrency marketplace headdress saw nett outflows of $1.11 cardinal implicit the past 24 hours, pushing the full to $929.47 cardinal arsenic of property time.

Bitcoin’s marketplace headdress fell 0.17% implicit the reporting play to $369.77 billion. Meanwhile, Ethereum’s marketplace headdress accrued by 0.65% to $164.58 billion.

The apical 10 cryptocurrencies posted losses but for Polkadot, which saw a flimsy summation of 0.94%. Bitcoin shed 0.81% of its worth implicit the reporting period, portion Solana (SOL) was the biggest loser, dropping 2.9%.

Top 10 Cryptocurrencies (Source: CryptoSlate)

The marketplace caps of Tether (USDT) and BinanceUSD (BUSD) somewhat accrued to $68.47 cardinal and $21.62 billion, respectively. USD Coin’s (USDC) marketplace headdress remained level astatine $43.80 billion.

Bitcoin

Over the past 24 hours, the Bitcoin terms fell 0.81% to commercialized astatine $19,277 arsenic of 06:30 ET. Its marketplace dominance stood astatine 39.82% implicit the reporting period.

The flagship integer plus peaked astatine $19,435 during the aboriginal trading hours of Oct. 24. The plus mostly traded sideways for the remainder of the day, bottoming astatine $19,206.

BTC 24-Hour Price Performance (Source: Tradingview)

Ethereum

Ethereum’s terms shed 0.45% to commercialized astatine $1,344 arsenic of 06:30 ET. Its marketplace dominance stood astatine 17.7% implicit the past 24 hours.

Over the reporting period, the second-largest cryptocurrency printed a elephantine reddish candle astir 09:00 UTC, dropping its worth to astir $1325. However, it mostly traded sideways for the remainder of the day, peaking astatine $1355.

ETH 24-Hour Price Performance (Source: Tradingview)

Top 5 Gainers

ABBC Coin

ABBC is the day’s biggest gainer, rising 17.72% implicit the reporting play to commercialized astatine $0.17 arsenic of property time. It was unclear wherefore the token cryptocurrency payment-based eCommerce level roseate astatine property time. Its marketplace headdress stood astatine $171.14 million.

Klaytn

KLAY grew 10.15% to commercialized astatine $0.20 arsenic of property time. The Korean-based blockchain web Foundation initiated a buyback to stabilize its ecosystem. The web besides passed a caller connection to trim its artifact rewards. Its marketplace headdress stood astatine $625.02 million.

HEX

HEX roseate 9.64% implicit the past 24 hours and is presently trading for $0.038. The world’s archetypal certificate of deposit web provides premium involvement rates for users who fastener their tokens. Its marketplace headdress stood astatine $6.76 billion.

Toncoin

TON grew 8.58% 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.

Ribbon Finance

RBN gained 6.31% to commercialized astatine $0.366 arsenic of property time. The token has risen by 35% implicit the past 30 days. Its marketplace headdress stood astatine $209.47 million.

Top 5 Losers

Uquid Coin

UQC is the day’s biggest loser. It shed 11.67% of its worth successful the past 24 hours to commercialized astatine $9.507 arsenic of property time. The integer token terms show has decreased, losing implicit 13% of its worth successful the past 7 days. Its marketplace headdress stood astatine $95.08 million.

Aave

AAVE recorded a 5.48% nonaccomplishment implicit the past 24 hours to commercialized astatine $82.93 arsenic of property time. The DeFi protocol has enjoyed a affirmative show implicit the past week. Its marketplace headdress stood astatine $1.17 billion.

Immutable X

IMX shed 5.15% of its worth successful the past 24 hours to commercialized astatine $0.53 arsenic of property time. The NFT-related token has been connected a downward inclination since the opening of the month, losing 26.64% of its value. Its marketplace headdress stood astatine $125.28 million.

Lukso

LYXe fell 4.99% implicit the past 24 hours to commercialized astatine $7.47 arsenic of property time. The crypto token has a marketplace headdress that stood astatine $112.77 million.

Symbol

XYM is down 4.67 % and trading astatine $0.03 arsenic of property time. The token’s worth had risen by implicit 8.75% successful the past 7 days. Its marketplace headdress stood astatine $217.91 million.

The station CryptoSlate Daily wMarket Update – Oct. 24: Polkadot sees flimsy summation arsenic marketplace rut continues appeared archetypal connected CryptoSlate.