CryptoSlate Daily wMarket Update – Sept. 27: Bear pulls crypto market as XRP leads losses

The full cryptocurrency marketplace headdress saw nett outflows totaling $61.1 billion. As of property time, it stood astatine $912.6 billion, down 6.3% implicit the past 24 hours.

Bitcoin’s marketplace headdress mislaid 7.36% implicit the reporting play to $393 cardinal from $358.54 billion. Meanwhile, Ethereum’s marketplace headdress was down 7.67% to $156.8 cardinal from $169.83 billion.

The apical 10 cryptocurrencies each saw losses implicit the period, with XRP starring the pack, shedding implicit 10.58%. Shiba Inu recorded the slightest nonaccomplishment arsenic it fell 3.9% successful the past 24 hours.

Source: CryptoSlate.com

The marketplace headdress of the apical 3 stablecoins — Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD) — remained comparatively unchanged implicit the period, lasting astatine $67.96 billion, $49.18 billion, and $21.034 billion, respectively.

Bitcoin

Bitcoin mislaid 7.4% of its worth successful the past 24 hours to commercialized astatine $18,767 astatine property time. Market dominance fell from 39.90% to 39.31% implicit the period.

During the past 24 hours, BTC traded for arsenic precocious arsenic $20,533 earlier the bears took control, sending its worth beneath the $19,000 level.

Source: Tradingview.com

Ethereum

Ethereum fell 7.29% implicit the past 24 hours to commercialized astatine $1,284 arsenic of property time. Market dominance decreased from 17.5% to 17.19%.

ETH traded for arsenic precocious arsenic $1396 implicit the past 24 hours earlier its worth rapidly tanked to its existent levels. The asset’s terms show has mostly been mediocre post-merge.

Source: Tradingview.com

Top 5 Gainers

Polymath Network

POLY is the day’s biggest gainer, rising 11.81% to commercialized astatine $0.27693 arsenic of property time. The level has enjoyed a decent tally of greenish candles successful the past 7 days, rising 39.66%. Its marketplace headdress stood astatine $256.16 million.

Quant

QNT  is up 10.16% implicit the past 24 hours to commercialized astatine $138.385 arsenic of property time. The token has posted beardown show implicit the past week, up 38%. Its marketplace headdress stood astatine $1.67 billion.

Reserve Rights

RSR gained 9.24% implicit the past 24 hours to $0.00847 arsenic of property time. The token has posted 41% gains implicit the past week. Its marketplace headdress stood astatine $358.5 million.

Wemix

WEMIX roseate 5.61 successful the past 24 hours to $1.87142 arsenic of property time. The platform’s genitor institution precocious donated 1 cardinal won to Seoul National University Business School. Its marketplace headdress stood astatine $230.62 million.

COTI 

COTI recorded 1.31% gains implicit the past 24 hours to commercialized astatine astir $0.10568 astatine property time. The decentralized outgo web and stablecoin instauration protocol has shed 83% implicit the past year. Its marketplace headdress stood astatine $117.16 million.

Top 5 Losers

XRP

XRP is the day’s biggest loser falling 12.22% implicit the past 24 hours to commercialized astatine astir $0.42538 arsenic of property time. The Ripple-linked token has enjoyed a caller greenish tally successful the past 7 days, rising 7.4%. Its marketplace headdress stood astatine $21.15 billion.

Cosmos

ATOM sunk 12.16% successful the past 24 hours to commercialized astatine $12.76 arsenic of property time. The layer-0 blockchain web precocious released a caller achromatic insubstantial aimed astatine updating the uses of its autochthonal token. Its marketplace headdress stood astatine $3.66 billion.

Neo

NEO shed 12.07% implicit the past 24 hours to commercialized astatine $8.42269 arsenic of property time. The token is up 2.47% implicit the past 7 days. Its marketplace headdress stood astatine $594.13 million.

Harmony

ONE fell 11.52% successful worth implicit the reporting play to commercialized astatine $0.1905. The level precocious published a betterment program to reimburse hack victims. Its marketplace headdress stood astatine $239.27 million.

Terra Classic

LUNC mislaid 10.71% successful the past 24 hours to commercialized astatine $0.00027 astatine property time. Its marketplace headdress stood astatine $1.65 billion.

The station CryptoSlate Daily wMarket Update – Sept. 27: Bear pulls crypto marketplace arsenic XRP leads losses appeared archetypal connected CryptoSlate.