The cryptocurrency market cap saw net outflows of $3.64 billion since the last wMarket report. As of press time, the total crypto market cap stood at $920.06 billion, down 0.4% over the last 24 hours.
Bitcoin’s market cap fell 0.6% over the reporting period to $369.10 billion from $369.10 billion. Meanwhile, Ethereum’s market cap decreased by 0.7% to $158.01 billion from $159.18 billion.
The top 10 cryptocurrencies all posted losses over the last 24 hours. The exception was Polkadot, which saw a marginal gain of 0.35%. Solana was the biggest loser, losing 2.5% of its price over the period.
The market caps of Tether (USDT) and BinanceUSD (BUSD) saw slight increases over the last 24 hours and currently stand at $68.45 billion and $21.63 billion, respectively. Meanwhile, USD Coin’s (USDC) market cap has continued its decline — falling to $44.42 billion.
Bitcoin
Over the last 24 hours, Bitcoin fell 0.8% to trade at $19,128 as of press time. Its market dominance fell slightly to 39.90% from 39.91% over the reporting period.
The leading cryptocurrency topped out at $19,300 by Wednesday evening. Since then, a gradual downtrend turned into a sharp spill that found support at $18,900. The ensuing bounce peaked at $19,200, leading to a gradual downtrend.
Ethereum
Ethereum’s price fell by 0.9% to trade at $1,291 as of press time. Its market dominance remained flat at 17.2%.
Over the reporting period, the second-largest cryptocurrency also topped out on Wednesday evening, at $1,308. Over the next ten hours, bears dipped the price to $1,270, leading to a recovery that peaked at $1,296.
Top 5 Gainers
TerraUSD
USTC is today’s top gainer, growing 12.5% over the reporting period to trade at $0.03955 as of press time. The Terra stablecoin continues to flip between the top gainers and losers but is still down over 90% from its dollar peg price. Its market cap stood at $387.94 million.
Chain
XCN grew 11% over the reporting period, trading at $0.06900 as of press time. The cloud blockchain protocol saw a near-vertical price rise in the early hours of Oct. 19. Its market cap stood at $33.98 million.
Mdex
MDX gained 9.5% over the last 24 hours to trade at $0.17544 as of press time. The AMM DEX has been on a tear this past month, growing 173% in price. Its market cap stood at $162.11 million.
Balancer
BAL rose 8.6% over the past day to trade at $5.99779 at the time of publishing. The token is up 25% over the…
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