Crypto market October 16: 4.3% rally with upside potential

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The crypto market continues to advance across the board thanks to bullish sentiment and risk-free trading. The overall market-wide uptrend has been remarkable with an average gain of 4.26% over the past 24 hours.

The whole market has almost evolved at the same rate as bitcoin, which was used as a guide by traders in making their bets. Crypto markets operate 24/7, setting the stage for price fluctuations at unpredictable times.

Bitcoin is trading at US $ 61,550. The second largest digital token aether is up 4.2% to US $ 3,940.

Among the 10 large caps in the Top 10, Polkadot (DOT) is the best performing, up 8.1% in 24 hours.

At the time of publication, Top 10 floating cryptocurrencies during the day:

Crypto USD 24H Cap
Bitcoin (BTC) $ 61,550 3.8% $ 1159 billion
Ethereum (ETH) $ 3,940 4.2% $ 463 billion
Ripple (XRP) $ 1.16 4.1% 116 billion dollars
Binance Coin (BNB) $ 480 4.4% $ 80.7 billion
Cardano (ADA) $ 2.23 3.4% $ 72.2 billion
Polkadot (POINT) $ 43.2 8.1% $ 48.5 billion
Solana (SOL) $ 148 -0.3% $ 44.5 billion
Dogecoin (DOGE) $ 0.24 6% $ 31.7 billion
ChainLinkToken (LINK) 28 $ 5.9% $ 28 billion
Uniswap (UNI) $ 26.5 3% $ 26.5 billion

Meanwhile, some currencies have shown very extraordinary performance in terms of volatility during this period.

The list of the Top 10 cryptos that are doing much better than the market today:

Crypto USD 24H Cap
district0x (DNT) $ 0.18 20.9% $ 0.11 billion
Eternity (AE) $ 0.13 19% $ 0.049 billion
Rune (RUNE) $ 8.46 10.9% $ 1.9 billion
STORJ (STORJ) $ 1.4 10.6% $ 0.6 billion
Komodo (KMD) $ 1.11 9.8% $ 0.14 billion
Stellar (XLM) $ 0.39 9.6% $ 19.5 billion
Original Protocol (OGN) $ 0.9 9.6% $ 0.9 billion
Band Protocol (BAND) $ 8.67 8.8% $ 0.9 billion
Reserve rights (RSR) $ 0.036 8.6% $ 3.6 billion
Polkadot (POINT) $ 43.2 8.1% $ 48.5 billion

10 underperforming cryptocurrencies in the last 24 hours:

Crypto USD 24H Cap
SwarmCity (SWT) $ 0.035 -25% $ 0.0003 billion
Parent (KIN) $ 4.3E-5 -19.1% E $ 4.3 billion
Token NOW (NOW) $ 0.07 -12.7% $ 0.005 billion
Salt (SALT) $ 0.24 -11.6% $ 0.02 billion
Job chain (JOB) $ 0.0006 -ten% $ 0.06 billion
Aave (LEND) $ 3.13 -6.3% $ 0.17 billion
Loop (LRC) $ 0.43 -5.9% $ 0.6 billion
HEX (HEX) $ 0.34 -5.7% $ 0.02 billion
Dentacoin (DCN) $ 2.5E-5 -4.9% $ 0.014 billion
Hydro (HYDRO) $ 0.019 -4.8% 0.0014 billion dollars

/ Public distribution. This material is from the original organization / authors and may be ad hoc in nature, edited for clarity, style and length. The views and opinions expressed are those of the authors. See it in full here.


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