XRP lead gains as crypto market prints green candle
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The total net market for cryptocurrencies was $43.4 billion. At press time, it stood at $950.8 billion, up 4.27% over the past 24 hours.
In the reporting period, Bitcoin’s market capitalization rose 3.35% to $371.05 billion from $359.74 billion. Meanwhile, Ethereum’s market capitalization also increased by 6.24 percent to $164.54 billion from $155.88 billion in the last 24 hours.
The price performance of all the top 10 cryptocurrencies increased, with XRP being the biggest gainer at 27.25% in the last 24 hours.
The three largest stablecoins, Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD), saw their market capitalization decline slightly to $67.95 billion, $49.89 billion, and $20.51 billion, respectively.
In the last 24 hours, Bitcoin gained 3.21% to trade at $19,317 at press time. Its market position fell slightly to 38.97 percent during the period.
Bitcoin’s price peaked at $19,464 during this period as positive sentiment began to permeate the market again.
Ethereum gained 5.96% in the last 24 hours and was at $1,364 at press time. The market position increased from 17 percent to 17.32 percent.
After falling as low as $1258, the bulls took over the market and pushed it back above the $1300 mark. ETH token issuance has decreased by 95% since the merger.
Top 5 winners
RSR is the biggest gainer of the day, up 28.97% and trading at $0.00725 at press time. There has been increased interest in the dual-token Stablecoin platform since it was recently announced that full protocol rollout would begin in October. Its market capitalization was $289.31 million
XRP was up 27.25% in the last 24 hours to $0.55226 at press time. The token is up 54% since last month, with a market capitalization of $27.53 billion. There is strong belief in the community that the brand may get a favorable verdict in its case against the SEC.
CRO recorded a gain of 16.36% and was trading at $0.11871 at press time. The native token of the Cronos chain enables the rapid transfer of smart contracts and dapps between Ethereum (ETH) and EVM-compatible chains. Its market value was 3 billion dollars.
CBG rose 14.57% in trading
CHZ continues its positive trend, rising 14.19% in the last 24 hours and trading at $0.27547. Its market capitalization was $1.65 billion.
Top 5 losers
CCXX is today’s biggest loser, down 13.3% in the last 24 hours and trading at around $15.8935 at press time. The token is down 81 percent year-to-date. Its market capitalization was $284.87 million.
BRISE is down 4.72% in the last 24 hours and is trading at $0.000000564 at press time. The token’s price performance has worsened over the past 30 days, and its value has fallen by more than 37%. Its market value was 215.2 million dollars.
ZEON was down 2.61% in the last 24 hours to $0.00750 at press time. It is unclear what is behind its poor price performance. Its market capitalization was $228.97 million.
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MV fell 2.21% in value during the reporting period to $0.20285. Despite the recent selloff, the token is still up 20.67% in the last 30 days. Its market capitalization was $346.74 million.
HNT was down 1.22% and was trading at $4.72 at press time. The wireless community has voted to move its blockchain to Solana (SOL). Its market value was 604.7 million dollars.