XRP, MATIC buck top 10 sell off

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The cryp­tocur­ren­cy mar­ket cap saw net out­flows of $15.1 bil­lion over the last 24 hours and cur­rent­ly stands at $781.5 bil­lion, down 1.9% over the report­ing period.

Bitcoin’s mar­ket cap fell 2% to $302.5 bil­lion from $308.8 bil­lion, Ethereum’s fell 3.3% to $132.6 bil­lion from $137.1 billion.

The major­i­ty of the top 10 cryp­tocur­ren­cies sold off over the report­ing peri­od, with Shi­ba Inu post­ing the biggest loss­es at 3.6%. How­ev­er, XRP and MATIC bucked the trend post­ing 3.2% and 3% gains.

Top 10 cryptocurrencies
Source: CryptoSlate.com

Over the report­ing peri­od, the mar­ket caps of Teth­er (USDT), USD Coin (USDC), and BinanceUSD (BUSD) all saw minor decreas­es to $65.4 bil­lion, $44 bil­lion and $22.8 bil­lion, respectively.

Bitcoin

In the last 24 hours, Bit­coin is down 2.1% to trade at $15,733 as of 07:00 ET. Its mar­ket dom­i­nance fell slight­ly to 38.7% from 38.8% over the report­ing period.

The lead­ing cryp­tocur­ren­cy has been trend­ing down since Mon­day. The $16,000 price lev­el was breached briefly on Nov. 21 but failed to sus­tain. The down­trend found sup­port at $15,470 at 17:00 (ET).

Bitcoin chart
Source: TradingView.com

Ethereum

ETH decreased by 3.5% over the last 24 hours to trade at $1,085 as of 07:00 ET. Its mar­ket dom­i­nance fell to 17.0% from 17.3% over the report­ing period.

Price action for Ethereum large­ly mir­rored Bit­coin. A local bot­tom of $1,075 was found at around 03:00 (ET) today.

Ethereum chart
Source: TradingView.com

Top 5 Gainers

NEST Protocol

NEST is the day’s biggest gain­er, grow­ing by 33.1% as of press time to $0.02641. It is unclear why the token spiked. The token is up 50.5% over the past month. Its mar­ket cap stood at $76.9 million.

Mdex

MDX is up 18.5% over the report­ing peri­od to $0.08799. The AMM DEX plat­form has been on a los­ing streak of late, down 52.2% over the past month. Its mar­ket cap stood at $82.2 million.

Voyager Token

VGX increased by 16.5% over the last 24 hours to $0.36907 as of press time. Binance has expressed inter­est in acquir­ing the bank­rupt plat­form. Its mar­ket cap stood at $102.78 million.

Huobi Token

HT increased by 7% to $4.73202 over the report­ing peri­od. Justin Sun announced a rebrand­ing strat­e­gy. Its mar­ket cap stood at $725.69 million.

Astar

ASTR gained 6.3% in the last 24 hours to trade at $0.03792 as of press time. Its mar­ket cap stood at $143.8 million.

Top 5 Losers

Curve DAO Token

CRV is the day’s biggest los­er sink­ing 16.8% over the last 24 hours to $0.41839 as of press time. The rea­son is unclear at this time, how­ev­er, social media chat­ter points to heavy shorts placed against CRV. Its mar­ket cap stood at $222.41 million.

NEM

XEM decreased by 10.9% over the last 24 hours to $0.03096 as of press time. The token was a top 5 gain­er yes­ter­day. Its mar­ket cap stood at $278.67 million.

Ribbon Finance

RBN record­ed an 8.4% loss over the report­ing peri­od to trade at $0.16789 as of press time. Its mar­ket cap stood at $96.75 million.

Syscoin

SYS fell by 8.1% to $0.10957 over the report­ing peri­od. The token was also a top 5 gain­er yes­ter­day. Its mar­ket cap stood at $73.52 million.

Secret

SCRT is down 8% to $0.59487 at the time of press. Its mar­ket cap stood at $97.14 million.

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