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    CryptoSlate Daily wMarket Update– Nov. 16: Minor big cap sell-off summarize level view

    Justin DoomBy Justin Doom18.11.2022Updated:18.11.2022No Comments3 Mins Read
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    The wMarket Update condenses one of the most crucial cost activities in the crypto markets over the coverage duration, released 07:45 ET on weekdays.

    CryptoSlate Daily wMarket Update – Nov. 16: Minor large cap sell-off sums up flat sentiment

    Over the last 24-hour, the cryptocurrency market cap saw web discharges of $8.43 billion as well as presently stands at $828.16 billion since press time– down 1% from $836.59 billion on Nov. 16.

    Bitcoin’s market cap dropped 0.5% to $318.5 billion from $319.9 billion, while Ethereum’s market cap reduced by 1.6% to $146.8 billion from $149.2 billion.

    The leading 10 cryptocurrencies all documented losses over the coverage duration. Polygon saw the most significant dip, shedding 3.95%, while Solana held level, down 0.15%.

    CryptoSlate Daily wMarket Update – Nov. 16: Minor large cap sell-off sums up flat sentiment

    Resource: CryptoSlate.com

    Over the coverage duration, the marketplace caps of Tether (USDT), USD Coin (USDC), as well as BinanceUSD (BUSD) all reduced to $65.9 billion, $44.3 billion, as well as $23.1 billion, specifically.

    Bitcoin

    In the last 24-hour, Bitcoin shed 0.8% to trade at $16,582 since 07:00 ET. Its market supremacy climbed somewhat to 38.5% from 38.3% over the coverage duration.

    BTC came to a head at $16,722 at 18:00 (ET). Ever since, the leading cryptocurrency bottomed at $16,400 to trend somewhat greater.

    CryptoSlate Daily wMarket Update – Nov. 16: Minor large cap sell-off sums up flat sentiment

    Resource: TradingView.com

    Ethereum

    ETH dropped 2.4% in the last 24-hour, trading for $1,200 since 07:00 ET. Its market supremacy dropped somewhat to 17.8% from 17.9% over the coverage duration.

    ETH struck a regional top of $1,228 right before 21:00 (ET). A collection of distinct ladders down complied with, with assistance located at $1,180.

    CryptoSlate Daily wMarket Update – Nov. 16: Minor large cap sell-off sums up flat sentiment

    Resource: TradingView.com

    Leading 5 Gainers

    Voyager Symbol

    VGX was up 43.7% to $0.40779 since press time. Binance has actually indicated passion in restoring the insolvent system. Its market cap stood at $113.56 million.

    Volt Inu V2

    VOLT raised by 11.3% over the last 24-hour to $0.000001588 since press time. The token expanded 89% over the previous week. Its market cap stood at $87.23 million.

    Count On Purse Symbol

    TWT saw 10.7% gains over the coverage duration to trade at $2.12277 since press time. TWT has actually gained from the self-custody story arising from the FTX collapse. Over the last 7 days, the token has actually raised in worth by 95%. Its market cap stood at $884.45 million.

    Chain

    XCN expanded 10.2% over the last 24-hour to trade at $0.05222. Its market cap stood at $1.12 billion.

    Power Internet Token

    EWT raised by 9.9% to $3.43958 over the coverage duration. Its market cap stood at $103.4 million.

    Leading 5 Losers

    Secret

    SCRT is the day’s most significant loser, dropping by 21.5% to $0.79453 since press time. The token was the leading gainer from the other day. Its market cap stood at $129.74 million.

    Lotion

    SRM dropped by 12.4% in the last 24-hour to $0.27965. As an FTX-associated task, the token has actually experienced solid drawback stress lately. SRM shed 61.8% over the previous month. Its market cap stood at $73.62 million.

    Contour DAO Symbol

    CRV reduced 8.4% over the coverage duration to trade at $0.54901 at press time. Its market cap stood at $291.84 million.

    Yearn Financing

    YFI dropped 5.8% of its worth in the last 24-hour as well as is trading for $6,176.62 since press time. Its market cap stood at $226.3 million.

    DFI.Money

    YFII dropped 5.4% in the last 24-hour to $2,483.10 since press time. In spite of putting in the leading 5 losers, the DeFi procedure has actually gotten on a tear recently, expanding 146% over the previous month. Its market cap stood at $95.84 million.

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    Justin Doom
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    Justin is US News Editor at Cryptomag and manages the site on weekends. He's a former editor at ABC News, former reporter at Bloomberg, and former contributor to The Atlantic, Sports Illustrated, and the Arizona Republic. He taught journalism at Arizona State University and was a Knight-Bagehot Fellow at the Columbia University Graduate School of Journalism.

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