CryptoSlate Daily wMarket Update – Sept. 22: XRP lead gains as crypto market prints green candle CryptoSlate Daily wMarket Update – Sept. 22: XRP lead gains as crypto market prints green candle
The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays.
3 min read
Updated: Sep. 23, 2022 at 10:26 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The total cryptocurrency market cap saw net inflows totaling $43.4 billion. As of press time, it stood at $950.8 billion, up 4.27% over the last 24 hours.
Bitcoin’s market cap rose 3.35% over the reporting period to $371.05 billion from $359.74 billion. Meanwhile, Ethereum’s market cap also increased 6.24% to $164.54 billion from $155.88 billion over the last 24 hours.
The top 10 cryptocurrencies all saw an uptick in their price performance, with XRP the biggest gainer, rising 27.25% over the last 24 hours.
The top three stablecoins, Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD), saw their market cap slightly decline to $67.95 billion, $49.89 billion, and $20.51 billion, respectively.
Bitcoin
Over the last 24 hours, Bitcoin rose 3.21% to trade at $19,317 as of press time. Its market’s dominance slightly declined to 38.97% over the period.
Bitcoin’s price peaked at $19,464 during this time frame as positive sentiments began to trickle into the market again.
Ethereum
Ethereum rose 5.96% over the last 24 hours to trade at $1,364 at press time. Market dominance increased from 17% to 17.32%.
After tanking to as low as $1258, the bulls took control of the market, pushing its value above the $1300 mark again. ETH’s token issuance has dropped by 95% since the merge.
Top 5 Gainers
Reserve Rights
RSR is the day’s biggest gainer, rising 28.97% to trade at $0.00725 at press time. The dual-token Stablecoin platform has seen increased interest due to a recent announcement that the deployment of the full protocol would begin in October. Its market cap stood at $289.31 million
XRP
XRP grew 27.25% over the past 24 hours to trade at $0.55226 at press time. The token is up 54% over the last month, and its market cap stood at $27.53 billion. There is a strong belief within the community that the token might get a favorable judgment in its case against the SEC.
Cronos
CRO recorded 16.36% gains to trade at $0.11871 at press time. The native token of the Cronos chain allows rapid transfer of smart contracts and Dapps between Ethereum (ETH) and EVM-compactible chains. Its market cap stood at $3 billion.
Chainbing
CBG gained 14.57% to trade at
Chiliz
CHZ continues its positive performance, gaining 14.19% over the last 24 to trade at $0.27547. Its market cap stood at $1.65 billion.
Top 5 Losers
Counos X
CCXX is today’s biggest loser falling 13.3% over the past 24 hours to trade at around $15.8935 as of press time. The token is down 81% over a year. Its market cap stood at $284.87 million.
Bitgert
BRISE is down 4.72% over the past 24 hours and is trading at $0.000000564 at press time. The token’s price performance has been rut over the last 30 days, shedding over 37% of its value. Its market cap stood at $215.2 million.
Zeon
ZEON sunk 2.61% over the past 24 hours to $0.00750 at press time. It’s unclear what is behind its poor price performance. Its market cap stood at $228.97 million.
GensoKishi Metaverse
MV plunged 2.21% in value over the reporting period to trade at $0.20285. Despite the recent sell-off, the token remains up 20.67% over the last 30 days. Its market cap stood at $346.74 million.
Helium
HNT shed 1.22% to trade at $4.72 at press time. The wireless network community has voted to migrate its blockchain to Solana (SOL). Its market cap stood at $604.7 million.
Mentioned in this article
Bitcoin 
Ethereum 
Terra Classic 
Solana 
Helium 
Bitgert 
Cronos 
XRP 
Chainbing 
Chiliz 
USD Coin 
Binance USD 
Tether Posted In: Wrapped
Author 
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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In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,427.99
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Terra Classic
$0.00013
Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems.
Solana
$256.659
Solana is a high-performance blockchain platform that utilizes a unique consensus algorithm called “Proof of History” to achieve fast transaction speeds and low fees.
Helium
$6.38495
Helium (HNT) is a blockchain-based cryptocurrency that powers the Helium Network, a decentralized wireless infrastructure designed to support Internet of Things (IoT) devices.
Bitgert
$0.00000
Bitgert (BRISE) is a crypto engineering project launched in July 2021 that specializes in blockchain products and auditing solutions.
XRP
$1.46321
The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers.
Chainbing
$0.13717
Chainbing is dedicated to storing, indexing, analyzing, and sharing data on the blockchain to provide users with fast and accurate information..
Chiliz
$0.09720
Chiliz (CHZ) is a digital currency for sports and entertainment platforms.
USD Coin
$0.99986
USD Coin (USDC) is a stablecoin fully backed by the US dollar and developed by the CENTRE consortium.
Binance USD
$1.00212
BUSD is a stablecoin issued by Paxos in partnership with Binance..
Tether
$1.00093
Launched in 2014, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.
