Daily Crypto Market Update – Cardano Grows 4.1% to Lead Top Ten After Weekend Crash - Herald Sheets

The crypto market capitalization declined by $49.24 billion over the weekend to $1.07 trillion as of this writing. In the last 24 hours, Bitcoin’s market cap grew by 0.74% to $503.61 billion, while Ethereum’s fell 0.36% to $210.07 billion.

Meanwhile, Cardano is up 4.10% today, becoming the top gainer among the leading ten crypto assets. The token trades at $0.277. Polygon comes in second with gains of 3.26%. It is trading at $0.63. BNB leads the losers after dropping by 2.24% to trade at $231.16.

Stablecoin Market

USDT’s market cap is down to $83.36 billion following 24-hour net outflows of $4.46 million. It is the same story for its close rivals, BUSD and USDC, which shed $1.97 million and $5.22 million, dropping to $4.77 billion and $28.35 billion, respectively.

Bitcoin

BTC is valued at $25,867 after posting minimal gains of 0.73%. The coin briefly crossed above $26,000 on Monday morning and later reached the $25,295 support level. Bitcoin currently dominates 47.73% of the market.

Ethereum

ETH has lost 0.37% of its value to trade at $1,733 as of this writing. In addition, its market share has depreciated to 19.93%. The crypto asset first retested resistance at $1,768 and then fell sharply to find support at $1,723.

Top Five Gainers

FLEX: With a market valuation of $274.43 million, FLEX trades at $2.781 after surging 19.64%. It is important to mention that the crypto asset has risen 101.78% over the last seven days.

TomoChain: TOMO has seen a 16.62% growth today. The rally comes after the project disclosed partnering with DeFi product builder Coin98. Tomo is changing hands for $1.478 with a market valuation of $149.67 million.

SUI: The token is priced at $0.663 after adding 8.89% to its value. But the rally is insufficient to offset the 27% loss recorded over the last seven days. SUI’s market cap stands at $400.53 million.

Aptos: APT is up 7.93% to $6.368 at press time. Its market capitalization stands at $1.26 billion. The project recently revealed its plans to minimize consensus latency.

Voyager VGX: With a market cap of $30.2 million, VGX is priced at $0.104 following a 7.32% increase.

Top Five Losers

Rocket Pool: RPL becomes the top loser after shedding 7.16% of its value. It trades at $41.113 with a market capitalization of $800.65 million.

Bitgert: BRISE is down 43% over the previous thirty days. Today, it trades at $0.000000218 following a 6.33% 24-hour decline. BRISE’s market valuation stands at $84.92 million.

THORChain: With a market cap of $292.11 million, RUNE is changing hands for $0.879 after plummeting 6.08%.

Baby Doge Coin: BabyDoge has dropped by 5.49% to trade at $0.00000000136 as of this writing. The meme coin rallied slightly last week after the Cryptology exchange listed it. Its market valuation stands at $208.21 million.

PENDLE: As of Monday evening, PENDLE is priced at $0.495 after losing 5.46% of its value in the last 24 hours. Its market cap stands at $97.56 million.

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