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Today’s edition of OKEx Insights’ Crypto Market Daily covers Bitcoin, Ethereum, altcoins and DeFi.
The price of Bitcoin ( BTC) hasn’t changed much over the past 24 hours and is currently trading around 13,100 USDT on OKEx — a daily increase of 0.7%. The same cannot be said for many altcoins, however, which have dropped significantly. The price of Ether (ETH) is down 3.1% and Chainlink (LINK) is down 4.7%. Polkadot (DOT), though, has outperformed and is up 9.1%.
Despite losses among many altcoins, the total cryptocurrency market capitalization has risen 0.1% over the past 24 hours and now sits at $401,072,856,731, according to data from CoinGecko. BTC dominance, meanwhile, has increased to 60.8%.
Uncertainty surrounding the surging number of COVID-19 cases in Europe and the United States, and the latter’s upcoming presidential election, is shaking traditional markets — which may continue to weigh on the cryptocurrency market, as well.
Top altcoin gainers and losers
- IQ/USDT +36.46%
- KSM/USDT +27.80%
- QUN/USDT +20.00%
- WING/USDT -14.57%
- SFG/USDT -22.43%
- ROAD/USDT -34.33%
ROAD has regained its spot as OKEx’s worst performer, which is becoming something of a meme over the past two weeks. On the other side of the spectrum, Everipedia ( IQ) has surged a whopping 36.46% over the past 24 hours.
Visit https://www.okex.com/ for the full report.
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BTC holds gains while ETH and altcoins sustain losses was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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.