$5 billion in cryptocurrency market inflows during the past 24 hours show a slowing in market cap increase compared to the previous several days.
The market capitalization of the entire cryptocurrency industry was $971.57 billion as of the time of publication.
From $387.57 billion the day before, the market capitalization of Bitcoin (BTC) decreased to $387.11 billion today.
The market capitalization of Ethereum (ETH) was $167.34 billion as of the time of publication.
In Terms Of Daily Gains Among The Top 10 Cryptocurrencies
Ripple (XRP) had gains of 1.32%. Dogecoin (DOGE) price, which jumped over 7% upon Elon Musk’s fresh Twitter acquisition bid, paused in growth, gaining only 1.1% over the past 24 hours,
Crypto Market Capitalization
The market capitalization of USD Coin (USDC) decreased to $46.43 billion at the time of publication, continuing its slow but steady downward trend.
At the time of writing, the market capitalization of Tether (USDT) was $68.22 billion, up marginally from $68.07 billion the day before.
The market cap of BinanceUSD (BUSD) increased slightly to $21.04 billion.
At the time of writing, Bitcoin was trading at about $20,250, up 0.35% from the previous day.
Throughout the time, the biggest cryptocurrency's market share was constant at 40.1%.
The price of BTC then skyrocketed, peaking at $20,270 at around 18:00 UTC before falling back below $20,000 once more.
After the decline, there was a brief rally that reached its peak at $20,370 at around 1:00 UTC on October 6 before it started to fall once more.
The U.S. stock markets are down today, in contrast to Bitcoin, which managed to stay positive throughout the day despite significant price swings.
Ethereum
At the time of writing, the price of Ethereum was $1,373, up 1.59% from the previous day. During the time period, the token's market share climbed marginally to 17.3%.
Over the previous day, the price of ETH followed the trend of BTC. ETH began to decline about 6:00 UTC and dropped till it reached about $1,323 at 14:00 UTC.
By 18:00 UTC, the token's price rose to $1,356 before falling once more. Following the growth spike, on October 6 at roughly 01:00 UTC, the price of ETH increased to $1,379.
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Leading 5 Gainerns
SushiSwap SUSHI was up 12.25% over the previous day and was trading at about $1.27.
The market value of the token was $161.83 million. The token's price increased from $1.11 to $1.29 between 13:00 and 21:00 UTC before beginning to decline.
MetisDAO METIS had increased 11.97% in the previous 24 hours to trade at about $28.27. The market capitalization of the coin was $124.2 million.
Moonbeam GLMR was $0.51, up 10.47% from the previous day. Market capitalization for the coin was $205.79 million.
Numeraire NMR was trading at $16.50, up 12.82% from the previous day. The token price began to rise sharply from 11:00 UTC and reached its peak at about $18.32 at 13:00 UTC.
Throughout the rest of the day, there was a negative tilt in the token price. The market capitalization of the coin was $97.22 million at the time of publication.
Ethereum Name Service ENS had increased by 10.28% over the previous day to trade at $17.53. The market capitalization of the coin was $354.98 million. Over the previous month, the token price increased by 28.8%.
Top 5 Negatives
BTCST, the Bitcoin Standard Hashrate Token, lost 10.31% over the previous day and was trading at $9.34 at the time of publication.
The token lost most of its gains from the day before, and as of this writing, its market cap was $114.03, down from $128.48 million the day before.
The price of GMX GMX fell 9.11% over the previous day to trade at about $45.95 at the time of writing. The market value of the token was $383.22 million.
The token saw downward trading negative all day, wiping out the majority of its gains from the previous day.
In the previous day, Voyager Token VGX lost 5.23% of its value, trading at $0.53 at the time of publication. Market capitalization for the coin was $149.28 million.
Voyager users are still unsure of how much they can collect, even though FTX submitted the winning bid at the auction of Voyager's assets with a $1.4 billion offer, subject to court clearance.
Celsius
At the time of publication, CEL's share price was down 4.64%, trading at about $1.29. The market capitalization of the coin was $310.01 million.
This month will end with an auction of Celsius's assets. Sam Bankman-Fried, the creator of FTX, has stated that FTX will compensate Celsius for its purchases at "fair market value."
However, the company's corporate Prioritizing stockholders before customers when it comes to asset recovery in bankruptcy is a system put in place earlier in 2022.
As of the time of publication, **Pundi X PUNDIX** was down 4.44% over the previous 24 hours, trading at $0.49. At the time of writing, the token's market cap was $128.89 million.
The top CEXs and DEXs as compiled by Orion, directly from this Widget. Global access without a login.
This Same post is also available on my blurt blog with the same username @olusolaemmanuel

