The cryptocurrency market cap saw net inflows of $2.8 billion over the past 24 hours, pushing the total to $998.02 billion from $995.22 billion as of press time. The market cap increased by 0.39% over the last 24 hours.
Bitcoin’s market cap fell 0.1% over the reporting period to $395.35 billion. Meanwhile, Ethereum’s market cap increased by 1.11% to $189.34 billion.
Some crypto assets in the top 10 cryptocurrencies recorded gains over the reporting period, with Dogecoin gaining over 10%. Bitcoin and Ethereum also recorded slight gains in the last 24 hours, continuing their green rally.
The market cap of Tether (USDT), BinanceUSD (BUSD), and USD Coin (USDC) remained flat at $68.52 billion, $43.80 billion, and $21.62 billion, respectively.
Bitcoin
Over the last 24 hours, Bitcoin price rose by 0.05% to trade at $20,606 as of 06:30 ET. Its market dominance stood at 39.6% over the reporting period.
The flagship digital asset peaked at $20,938 during the early hours of Oct. 26 and traded sideways for the rest of the day. BTC was able to maintain its price above the $20,000 mark.
Ethereum
Ethereum continued its positive performance, rising 1.1% in the last 24 hours to $1,547 as of 06:30 ET. Its market dominance stood at 19% as of press time.
The second-largest cryptocurrency mirrored BTC’s price performance over the reporting period, maintaining its value over the $1,500 mark. The asset peaked at $1,584.
Top 5 Gainers
QuarkChain
QKC is the day’s biggest gainer, rising 30.13% over the reporting period to trade at $0.015 as of press time. The crypto token has been on a tear in the past seven days as its value has increased by 36.15%. Its market cap stood at $94.95 million.
Klaytn
KLAY rose 23.4% over the past 24 hours to $0.24. The Korea-based network’s foundation recently initiated a buyback to stabilize its ecosystem. Its market cap stood at $751.95 million as of press time.
Dogecoin
DOGE recorded 17.06% gains over the past 24 hours to trade at around $0.077 at press time. The meme coin is rising following Elon Musk’s purchase of Twitter. Its market cap stood at $10.24 billion.
Krypton DAO
KRD grew 16.07% over the reporting period to $1.15 as of press time. The decentralized community token has increased by 137% in the last seven days. Its market cap stood at $117.36 million.
Optimism
OP continues its impressive…
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