Bitcoin News

Cardano, Polygon lead market sell-off

CryptoSlate wMarket update

The total cryptocurrency market cap saw net outflows totaling $12.75 billion. As of press time, the industry’s market cap stood at $911.14 billion, down 1.45% over the last 24 hours.

Bitcoin’s market cap fell 0.5% over the reporting period to $365.65 billion from $367 billion Ethereum’s market cap decreased 1.05% to $157.7 billion from $159.16 billion.

The top 10 cryptocurrencies all saw losses over the last 24 hours. Polygon and Cardano led the losses, losing 4.03% and 5.19%, respectively. BTC shed 0.1% of its value.

CryptoSlate wMarket update
Source: CryptoSlate.com

Tether (USDT) and BinanceUSD (BUSD) market cap remained relatively flat over the last 24 hours at $68.4 billion and $21.6 billion, respectively. USD Coin’s (USDC) market cap slightly dipped to $45.81 billion.

Bitcoin

Bitcoin fell 0.43% over the last 24 hours to trade at $19,066 as of press time. Its market dominance slightly increased to 40.11% over the reporting period.

BTC mostly traded sideways during the last 24 hours. The flagship digital asset peaked at $19,203 and bottomed at $19,029 over the period.

CryptoSlate wMarket update
Source: Tradingview.com

Ethereum

Ethereum’s price lost 1.10% in the last 24 hours to trade at $1,282 as of press time. Its market dominance rose to 17.30% from 17.23%.

ETH’s performance mirrored that of BTC, as it traded mostly sideways between $1,300 and $1,200. The second-largest crypto asset by market cap peaked at $1,303 and bottomed at $1,282.

CryptoSlate wMarket update
Source: Tradingview.com

Top 5 Gainers

SingularityNET

AGIX is the day’s biggest gainer, rising 88.98% in the last 24 hours to trade at $$0.084 as of press time. The decentralized global AI platform has enjoyed increased interest, spiking its value by over 72% in the last 30 days. Its market cap stood at $93.31 million.

RichQUACK

QUACK  is up 54.8% in the last 24 hours to trade at $$0.0000000028 as of press time. The crypto project is up over 210.66% in the last seven days. Its market cap stood at $129.75 million.

Mdex

MDX gained 22.56% over the reporting period to trade at $0.09 as of press time. The asset continues its positive run of green candles over the last seven days, rising over 60%. Its market cap stood at $91.09 million.

Status

SNT rose 19.1% over the last 24 hours to trade at $0.03 as of press time. The open-source mobile client targeting Android & iOS is built on Ethereum technologies. Its token has risen by over 13% in the last seven days. Its market cap stood at $112.74 million.

Huobi Token

HT gained 12.44% over the reporting period to trade at $7.31 as of press…

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