Ethereum News

HEX defies wider market downturn to lead top gainers

Top 10 cryptocurrencies

The cryptocurrency market saw net outflows of $12.3 billion over the last 24 hours and currently stands at $1.12 trillion — down 1.1% from $1.14 trillion.

During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 1.9% and 1% to $520.18 billion and $217.56 billion, respectively.

The top 10 crypto assets recorded losses over the last 24 hours except for XRP, which saw strong momentum this week from positive news related to the SEC lawsuit and the acquisition of Metaco. Today’s biggest loser is Cardano, dropping 2.3%.

Top 10 cryptocurrencies

The market caps of Tether (USDT) and USD Coin (USDC) grew to $82.85 billion and $29.58 billion, respectively — whereas Binance USD (BUSD) stayed flat at $5.54 billion.


In the last 24 hours, Bitcoin fell 1.9% to trade at $26,853 as of 07:00 ET. Its market dominance decreased to 46.3% from 46.5%.

During the reporting period, BTC saw a peak price of $27,480 before trending down, leading to a sharp spill that bottomed at $26,370. A muted recovery topped out at $27,090, followed by a flat-ranging pattern.

Bitcoin chart


In the last 24 hours, Ethereum decreased 1% to trade at $1,809 as of 07:00 ET. Its market dominance rose to 19.4% from 19.3%.

Over the reporting period, ETH saw a sell-off that found support at $1,774 at Thursday lunchtime (ET). A strong bounce followed to top out at $1,822, leading to a minor spill and then a flat print from yesterday evening onwards.

Ethereum chart

Top 5 Gainers


HEX is the day’s biggest gainer, growing 10.1% over the last 24 hours to $0.03227 as of press time. The recent launch of PulseChain saw multiple events and milestones, including billions of tokens burned and daily volume exceeding $100 million. Its market cap stood at $5.6 billion.


INJ rose 5.6% to $6.95521 as of press time. The project is joining the Wormhole cross-chain ecosystem. Its market cap stood at $556.46 million.


POLYX jumped 5.1% to $0.16686 over the last 24…

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