CryptoSlate Daily wMarket Update: Top 10 assets see mixed performance in flat market CryptoSlate Daily wMarket Update: Top 10 assets see mixed performance in flat market
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
2 min read
Updated: Jan. 5, 2023 at 1:35 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The cryptocurrency market cap saw net inflows of $610 million over the past 24 hours and currently stands at $819.59 billion โ up 0.09% from $819.04 billion.
Bitcoin’s market cap decreased by 0.09% to $323.94 billion from $324.31 billion, whileย Ethereumโs market cap increased by 0.06% to $153.30 billion from $153.20 billion.
Over the reporting period, the top 10 cryptocurrencies had a mixed price performance. Digital assets like Dogecoin, BNB, Ethereum, and Cardano all posted minor gains, while others saw losses โ XRP posted the highest loss, shedding 2.13%.
Over the reporting period, the market cap of Tether (USDT) remained flat at $66.24 billion, while USD Coin (USDC) and BinanceUSD (BUSD) increased to $44.24 billion and $16.64 billion, respectively.
Bitcoin
Over the last 24 hours, Bitcoin fell 0.11% to trade at $16,832 as of 07:00 ET. Its market dominance remained flat at 39.6%.
BTC mostly traded sideways during the last 24 hours. The flagship digital asset peaked at $16,964 and bottomed at $16,789.
Ethereum
Ethereum rose 0.16% over the last 24 hours to trade at $1,252 as of 07:00 ET. Its market dominance remained flat at 18.7%.
Like BTC, ETH mostly traded sideways and peaked at $1264 during the last 24 hours.
Top 5 Gainers
XYOย
XYO rose 54.23% to
Revain
REV increased 43.42% to $0.00084. Its market cap stood at $71.82 million.
Locus Chain
LOCUS gained 21.67% to trade at $0.033. Its market cap stood at $71.34 million.
Link
LN saw 15.97% gains over the reporting period to $30.79. Its market cap stood at $71.82 million
Nano
XNO gained 12.05% to $0.72913. Its market cap stood at $97.15 million
Top 5 Losers
Huobi Token
HT fell 9.09% to $4.755. Its market cap stood at $768.31 million.
CreditCoin
CTC decreased 7.7% to $0.50 as of press time. Its market cap stood at $103.89 million
Fetch
FET lost 6.96% to $0.10 in the last 24 hours. Its market cap stood at $88.72 million.
Aptos
APT plunged 5.32% over the reporting period to $3.74. Its market cap stood at $486.87 million.
Livepeer
LPT fell 5.02% in the last 24 hours to trade at $4.522. Its market cap stood at $122.19 million.
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Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).