CryptoSlate Daily wMarket Update – Oct. 25: Ethereum leads gains as Bitcoin crosses $20k

The cryptocurrency marketplace headdress saw nett inflows of $65.75 cardinal implicit the past 24 hours, pushing the full to $995.22 cardinal from $929.47 cardinal arsenic of property time. The marketplace headdress accrued by 7.10% implicit the past 24 hours.

Bitcoin’s marketplace headdress roseate 6.98% implicit the reporting play to $395.99 billion, portion Ethereum’s marketplace headdress accrued by 14.2% to $187.92 billion.

The apical 10 cryptocurrencies each recorded gains implicit the reporting period, with Bitcoin rising supra the $20,000 people for the archetypal clip since the commencement of October. Ethereum posted the highest gain, rising 14.01% to $1531.

Top 10 Cryptocurrencies (Source: CryptoSlate)

The marketplace headdress of Tether (USDT) somewhat accrued to $68.52 cardinal from $68.47 billion. BinanceUSD (BUSD) besides roseate to $21.63 cardinal from $21.62 billion. Meanwhile, USD Coin’s (USDC) marketplace headdress remained level astatine $43.80 billion.

Bitcoin

Over the past 24 hours, Bitcoin terms roseate by 6.92% to commercialized astatine $20,604 arsenic of 06:30 ET. Its marketplace dominance stood astatine 39.82% implicit the reporting period.

The flagship integer plus peaked astatine $20,682 during the past 24 hours. The flagship integer plus crossed the $20,000 people astir 13:00 UTC, liquidating implicit $350 cardinal successful abbreviated positions.

BTC 24-Hour Price Performance (Source: Tradingview)

Ethereum

Ethereum’s terms recorded the highest summation among the apical 10 cryptocurrencies. It roseate 14.01% to commercialized astatine $1,531as of 06:30 ET. Its marketplace dominance stood astatine 18.9% implicit the past 24 hours.

The second-largest cryptocurrency mirrored BTC’s terms show implicit the reporting period. ETH crossed the $1500 people astir 13:30 UTC.

ETH 24-Hour Price Performance (Source: Tradingview)

Top 5 Gainers

Lukso

LYXe is the day’s biggest gainer, rising 29.54% implicit the reporting play to commercialized astatine $9.53 arsenic of property time. The crypto token has been connected a teardrop successful the past 7 days arsenic its worth has accrued by 64.93%. Its marketplace headdress stood astatine $145.88 million.

SSV.Network

SSV grew 22.42% implicit the past 24 hours to $11.33. The task has seen its request emergence aft experiencing precocious volatility earlier successful the month. Its marketplace headdress stood astatine $113.32 cardinal arsenic of property time.

Optimism

OP, the autochthonal token of the layer2 network, is besides among the day’s apical gainers. It roseate by 20.23% to commercialized astatine $1 arsenic of property time. Its marketplace headdress stood astatine $235.72 million.

Toncoin

TON continues its awesome show this week, gaining 17.84% implicit the past 24 hours. It has risen by implicit 45% this week. Its marketplace headdress stood astatine $2.2 billion.

Rocket Pool

RPL recorded 15.83% gains implicit the past 24 hours to commercialized astatine astir $24.93 astatine property time. The staking protocol’s token saw its terms emergence pursuing staked Ethereum crossing 14 million successful the 3rd quarter. Its marketplace headdress stood astatine $256.37 million.

Top 5 Losers

APENFT

NFT is the day’s biggest loser, shedding 2.46% of its worth to commercialized astatine $0.000000638484 arsenic of property time. The NFT-related token had grown by implicit 22% successful the past 30 days. Its marketplace headdress stood astatine $176.55 million.

Mdex

MDX plunged 2.37% implicit the past 24 hours to $0.17. The decentralized speech token has been 1 of the best-performing integer assets implicit the past 30 days, rising 171%. Its marketplace headdress stood astatine $157.96 million.

Sologenic

SOLO is down 1.54% implicit the reporting period, trading astatine $0.36 arsenic of property time. The liquidity proviso protocol has accrued by 161% implicit the past 30 days. Its marketplace headdress stood astatine $146.18 million.

Quant

After an awesome tally that pushed its worth implicit $200, QNT is trading for $176 aft losing 1.17% of its worth successful the past 24 hours. Its marketplace headdress stood astatine $2.12 billion.

Ribbon Finance

RBN mislaid 1.1% to commercialized astatine $0.366 arsenic of property time. The token has risen by 28.3% implicit the past 30 days. Its marketplace headdress stood astatine $207.06 million.

The station CryptoSlate Daily wMarket Update – Oct. 25: Ethereum leads gains arsenic Bitcoin crosses $20k appeared archetypal connected CryptoSlate.