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Home Industry Press Release

Top 10 tumble after Fed rate hike, XRP bucks trend

September 22, 2022
in Press Release
Reading Time: 5 mins read
Zegex

Total cryptocurrency market capitalization recorded a net outflow of $10.1 billion in total. At the time of writing, it was down 0.93% in the last 24 hours to $907.37 billion.

Bitcoin market cap fell 0.71% from $365.1 billion to $359.74 billion during the reporting period. Meanwhile, Ethereum’s market cap also fell 4.56% from $164.03 billion to $155.88 billion over the past 24 hours.

The top 10 cryptocurrencies traded roughly flat, with the exception of XRP, which registered a 3.13% gain over the past 24 hours. Ethereum was the biggest loser, with its price falling 5% below him.

CryptoSLate wMarket Update
Source: CryptoSlate.com

Among the top three stablecoins, USD Coin (USDC)’s market cap has fallen to $49.95 billion. In contrast, Tether (USDT) and BinanceUSD (BUSD) rose slightly to $67.97 billion and he to $20.53 billion respectively.

Bitcoin

Over the past 24 hours, Bitcoin has fallen 1.65% and is trading at $18,779 at the time of writing. Its market dominance rose slightly over the period to his 39.42%.

Bitcoin price peaked at $19,674 during this period. Since then, the flagship cryptocurrency has been on a downward trend.

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The asset’s performance was heavily impacted by the Fed’s 75bps rate hike.

Crypto Slate wMarket Update
Source: Tradingview.com

ethereum

Ethereum has fallen 5.71% over the past 24 hours, trading at $1,269 at the time of writing. Market dominance he dropped from 17.7% to 17%.

The asset briefly dipped above $1,300 before plummeting.

CryptoSlate wMarket Update
Tradingview.com

top 5 price increases

ellipsis

EPS is leading the top gainers in the last 24 hours, trading at around $0.18331 at the time of writing, up 20.59%. Built on the Binance Smart Chain, the DEX Green Candle Surge was boosted by its transition. BNBx Ellipsis LP From stable pool to crypto pool.

Celsius

CEL is up 11.18% over the last 24 hours and is trading around $1.57 at the time of writing. The token has risen in price against the backdrop of rumors that it has a new recovery plan to get its customers back on track.

Seek VR

CEEK is up 10.95% over the last 24 hours and is trading at $0.15 at the time of writing. Virtual reality-linked tokens are down 28% over the last 30 days. It was unclear why the token was going up. Its market capitalization was $121.94 million.

Algorand

ALGO has grown 9.81% in the last 24 hours and is trading at $0.35 at the time of writing. Layer 1 blockchains are enjoying renewed optimism after several improvements designed to boost mainnet performance by a factor of 5. Its market capitalization was $2.44 billion.

Star

ASTR is up 8.78% over the last 24 hours and is trading at $0.038 at the time of writing. The token was recently listed on Binance.US.Apart from that, it is one of top 3 traded The trading volume of the token on Polkadot in the last 24 hours is $4.3 million.

top 5 losers

MXCMore

MXC is the biggest loser of the day, down 13.71% over the past 24 hours and trading around $0.057 at the time of writing. Utility tokens are down 20% over the past seven days. Its market capitalization was $151.41 million.

wink

WIN is the second biggest loser in the last 24 hours, trading around $0.00010 at the time of this writing, up 13.34% over the period. Tron-based betting dApps saw their biggest gains on September 20th. Its market capitalization was $96.49 million.

Ios

EOS plunged 7.04% during the reporting period, trading at $1.20680. The token has seen a massive selloff over the last 7 days, down 16.95%. Its market capitalization was $1.24 billion.

SSV.Network

SSV is down 7% to $11.52 over the last 24 hours. The project recently got him a partnership with ANKR to improve ETH liquidity staking. However, it has not had a positive impact on the price. Its market capitalization was $115.23 million at the time of writing.

voyager token

VGX has lost 6.13% of its value, trading at $0.62 at the time of writing. Its parent company went bankrupt and its assets are now for sale. Its market capitalization he was $175.09 million.

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