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The cryptocurrency market cap saw net inflows of $2.8 billion and currently stands at $842.27 billion — up 0.3% from $839.47 billion over the last 24 hours.
Over the reporting period, Bitcoin’s market cap grew 0.3% to $324.04 billion from $323.06 billion. Meanwhile, Ethereum’s market cap increased by 1.1% to $151.90 billion from $150.21 billion.
Over the last 24 hours, the top 10 cryptocurrencies posted mixed performances. The biggest gainer was XRP, recording 1.5% gains. In contrast, Litecoin experienced the most significant losses, down 1.4%.
Source: CryptoSlate.com
Since the last report, the market cap of BinanceUSD (BUSD) saw a marginal increase to $22.10 billion, while USD Coin (USDC) experienced a slight decrease to $42.82 billion. Meanwhile, Tether (USDT) remained flat at $65.69 billion.
Bitcoin
Bitcoin gained 0.04% to trade at $16,819 as of 07:00 ET. Its market dominance remained flat at 38.5%.
The leading cryptocurrency traded in a flat range, between $16,732 and $16,898, over the last day.
Source: TradingView.com
Ethereum
ETH posted 0.8% gains over the last 24 hours to trade at $1,238 as of 07:00 ET. Its market dominance grew slightly to 18% from 17.9% over the reporting period.
Ethereum’s price performance also traded flat, ranging between $1,220 and $1,240. But a break above the range occurred just after 06:00 (ET), spiking as high as $1,245 before closing the 30-minute candle lower.
Source: TradingView.com
Top 5 Gainers
TerraUSD
USTC is the day’s biggest gainer, growing by 15.8% over the last 24 hours to $0.02424 as of press time. Terra’s native stablecoin continues to trade below its peg price. Its market cap stood at $237.69 million.
Creditcoin
CTC gained 12.2% over the reporting period to trade at $0.41001 as of press time. Its market cap stood at $84.98 million.
dKargo
DKA is up 5.4% in the last 24 hours to trade at $0.03183. Its market cap stood at $76.46 million.
Acala Token
ACA increased by 5% to $0.13358 over the last 24 hours. Its market cap stood at $76.3 million.
IQ
IQ is up 4.8% in the last 24 hours to trade at $0.00604. The governance token of the IQ.wiki ecosystem recently held voting to incentivize FRAX/IQ liquidity on Fraxswap. Its market cap stood at $75.65 million.
Top 5 Losers
WAVES
WAVES is today’s biggest loser falling 14.3% to $1.99921 over the reporting period. Korean exchange Upbit had flagged the project with an “investment warning,” with a potential delisting pending further investigation. Its market cap stood at $220.03 million.
Ribbon Finance
RBN decreased 7.4% over the last 24 hours to $0.23090. Its market cap stood at $121.51 million.
Axie Infinity
AXS fell 7.5% to $8.02920 as of press time. The token had experienced a resurgence recently following plans to empower community members. Its market cap stood at $807.45 million.
BinaryX
BNX lost 5.9% to trade at $53.8984 as of press time. Its market cap stood at $150.13 million.
Braintrust
BTRST declined 5.1% to trade at $0.91686. The token has lost 29.8% over the past month. Its market cap stood at $116.89 million.
The post CryptoSlate Daily wMarket Update – Dec. 7: Flat trading day sees XRP leading top 10 appeared first on CryptoSlate.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.