CryptoSlate Daily wMarket Update: Solana continues green streak amid general market recovery

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CryptoSlate Daily wMarket Update: Solana continues green streak amid general market recovery CryptoSlate Daily wMarket Update: Solana continues green streak amid general market recovery Oluwapelumi Adejumo · 4 hours ago · 2 min read

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

2 min read

Updated: January 4, 2023 at 12:59 pm

CryptoSlate Daily wMarket Update: Solana continues green streak amid general market recovery

Cover art/illustration via CryptoSlate

Haru Invest

The cryptocurrency market cap saw net inflows of $11.34 billion over the past 24 hours and currently stands at $819.04 billion — up 1.37% from $807.70 billion.

Bitcoin and Ethereum’s market caps increased by 0.67% to $324.31 billion and 2.96% to $153.20 billion, respectively.

All the top 10 cryptocurrencies traded green during the last 24 hours except Tron, which lost 0.34% of its value. BNB and Cardano rose the highest, printing a gain of over 3% during the timeframe.

CryptoSlate wMarket update
Source: CryptoSlate.com

Over the reporting period, the market cap of Tether (USDT) remained flat at $66.24 billion, while USD Coin (USDC) decreased to $44.18 billion. BinanceUSD (BUSD) increased to $16.57 billion.

Bitcoin

Over the last 24 hours, Bitcoin rose 0.65% to trade at $16,852 as of 07:00 ET. Its market dominance decreased to 39.6% from 39.9%.

BTC inched closer to the $17,000 mark in the last 24 hours. Its value peaked at $16,886 and bottomed at $16,622.

CryptoSlate wMarket update
BTC Price Performance (Source: Tradingview)

Ethereum

Ethereum increased 2.65% over the last 24 hours to trade at $1,249 as of 07:00 ET. Its market dominance rose to 18.7% from 18.4%.

ETH printed three large candles yesterday evening that pushed its value to a peak of $1253.

CryptoSlate wMarket update
ETH Price Performance (Source: Tradingview)

Top 5 Gainers

Solana

SOL is on the top gainer’s list for the third consecutive day. It rose by 14.74% in the last 24 hours to $13.73. Its market cap stood at $5.05 billion.

FTX Token

FTT’s value increased 13.22% over the reporting period to $0.97 as of press time. The embattled exchange token rose by over 11% in the last seven days.

NEAR Protocol

NEAR saw 12.75% gains in the last 24 hours to trade at $1.51 as of press time. Its market cap stood at $1.28 billion.

Ethereum Classic

ETC gained 12.23% to $18.02 as of press time. Its market cap stood at $2.5 billion.

Lido DAO Token

LDO continues its impressive price performance, growing by 11.09% in the last 24 hours to $1.38. Its market cap stood at $1.14 billion.

Top 5 Losers

OKB

OKB is the day’s biggest loser, falling 7.01% over the reporting period to $28.03. Its market cap stood at $1.68 billion.

JasmyCoin

JASMY plunged 4.03% in the last 24 hours to $0.00369. The Ethereum-based token has increased by over 29% in the last seven days. Its market cap stood at $170.78 million.

GMX

GMX decreased 2.41% to $41.21 as of press time. Its market cap stood at $346.52 million.

Hedera

HBAR fell 2.17% to $0.03837. Its market cap stood at $964.53 million.

Hi

HI lost 1.58% of its value in the last 24 hours and was trading for $0.02768 as of press time. Its market cap stood at $80.24 million

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