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NEWS › BITCOIN ›WrappedCryptoSlate Daily wMarket Update – Oct. 19: Polkadot leads stagnant top 10 with marginal 24 hour gains The wMarket Update condenses the most important price movements in the crypto markets over the last 24 hours, published 08:00 UTC on weekdays. Samuel Wan Oct. 20, 2022 at 9:00 am UTC COVER ART/ILLUSTRATION VIA CRYPTOSLATE The cryptocurrency market cap saw net outflows of $3.64 billion since the last wMarket report. As of press time, the total crypto market cap stood at $920.06 billion, down 0.4% over the last 24 hours. Bitcoin’s market cap fell 0.6% over the reporting period to $369.10 billion from $369.10 billion. Meanwhile, Ethereum’s market cap decreased by 0.7% to $158.01 billion from $159.18 billion. The top 10 cryptocurrencies all posted losses over the last 24 hours. The exception was Polkadot, which saw a marginal gain of 0.35%. Solana was the biggest loser, losing 2.5% of its price over the period. Source: CryptoSlate.comThe market caps of Tether (USDT) and BinanceUSD (BUSD) saw slight increases over the last 24 hours and currently stand at $68.45 billion and $21.63 billion, respectively. Meanwhile, USD Coin’s (USDC) market cap has continued its decline — falling to $44.42 billion. Bitcoin Over the last 24 hours, Bitcoin fell 0.8% to trade at $19,128 as of press time. Its market dominance fell slightly to 39.90% from 39.91% over the reporting period. The leading cryptocurrency topped out at $19,300 by Wednesday evening. Since then, a gradual downtrend turned into a sharp spill that found support at $18,900. The ensuing bounce peaked at $19,200, leading to a gradual downtrend. Source: TradingView.comEthereum Ethereum’s price fell by 0.9% to trade at $1,291 as of press time. Its market dominance remained flat at 17.2%. Over the reporting period, the second-largest cryptocurrency also topped out on Wednesday evening, at $1,308. Over the next ten hours, bears dipped the price to $1,270, leading to a recovery that peaked at $1,296. Source: TradingView.comTop 5 Gainers TerraUSD USTC is today’s top gainer, growing 12.5% over the reporting period to trade at $0.03955 as of press time. The Terra stablecoin continues to flip between the top gainers and losers but is still down over 90% from its dollar peg price. Its market cap stood at $387.94 million. Chain XCN grew 11% over the reporting period, trading at $0.06900 as of press time. The cloud blockchain protocol saw a near-vertical price rise in the early hours of Oct. 19. Its market cap stood at $33.98 million. Mdex MDX gained 9.5% over the last 24 hours to trade at $0.17544 as of press time. The AMM DEX has been on a tear this past month, growing 173% in price. Its market cap stood at $162.11 million. Balancer BAL rose 8.6% over the past day to trade at $5.99779 at the time of publishing. The token is up 25% over the last seven days. Its market cap stood at $262.84 million. APENFT NFT gained 7.9% over the reporting period, trading at $0.000000613438 as of press time. The NFT incubator platform has seen steady price growth this month. Its market cap stood at $170.32 million. Top 5 Losers Fruits FRTS is today’s biggest loser, shedding 8.1% over the reporting period to trade at $0.01002 as of press time. The charity protocol continues flipping between the top gainers and losers but remains down 99% from its all-time high. Its market cap stood at $211.19 million. Decentralized Social DESO recorded an 8% loss over the last 24 hours to trade at $15.4421 as of press time. The social network has recently experienced a resurgence, growing 171% over the past month. Its market cap stood at $137.2 million. Frax Share FXS lost 7.95% over the past 24 hours to trade at $6.12899 at the time of publishing. Despite today’s loss, the governance token of the Frax ecosystem remains up 33% over the past month. Its market cap amounted to $99.35 million. Axie Infinity AXIE shed 5.8% in the last 24 hours to trade at $10.0046 as of press time. Since its high-profile hack in March, the governance token has plummeted in value, currently down 92% over the last year. Its market cap stood at $830.94 million. OKB OKB posted 5.7% losses over the past 24 hours to trade at $15.5966 as of press time. The token is down 37% over the past year. Its market cap stood at $935.8 million. Samuel Wan Analyst at CryptoSlate Samuel is a strong believer in individual autonomy and personal freedom. He is a relative newcomer to the world of cryptocurrency, having first bought Bitcoin in early 2017, but keen to make up for the lost time. POSTED IN: BITCOIN, WRAPPED Connect your wallet, trade with Orion Swap Widget. Directly from this Widget: the top CEXs + DEXs aggregated through Orion. No account, global access. Recent wMarket Update Stories CryptoSlate Daily wMarket Update – Oct. 26: Dogecoin leads gain as BTC maintains $20k 2 days ago · 3 min read CryptoSlate Daily wMarket Update – Oct. 25: Ethereum leads gains as Bitcoin crosses $20k 3 days ago · 3 min read CryptoSlate Daily wMarket Update – Oct. 24: Polkadot sees slight gain as market rut continues 4 days ago · 3 min read DISCLAIMER: OUR WRITERS' OPINIONS ARE SOLELY THEIR OWN AND DO NOT REFLECT THE OPINION OF CRYPTOSLATE. NONE OF THE INFORMATION YOU READ ON CRYPTOSLATE SHOULD BE TAKEN AS INVESTMENT ADVICE, NOR DOES CRYPTOSLATE ENDORSE ANY PROJECT THAT MAY BE MENTIONED OR LINKED TO IN THIS ARTICLE. BUYING AND TRADING CRYPTOCURRENCIES SHOULD BE CONSIDERED A HIGH-RISK ACTIVITY. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE TAKING ANY ACTION RELATED TO CONTENT WITHIN THIS ARTICLE. FINALLY, CRYPTOSLATE TAKES NO RESPONSIBILITY SHOULD YOU LOSE MONEY TRADING CRYPTOCURRENCIES. In this article Bitcoin BTC (24h) $20,917.20 +1.74% VOL: $40.46BMCAP: $401.46B Bitcoin is a consensus network that enables a new payment system and completely digital money. LEARN MOREEthereum ETH (24h) $1,639.08 +6.2%Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications. LEARN MORE TerraUSD USTC (24h) $0.03953 -7.9%TerraUSD is a native Terra stablecoin pegged to the US Dollar.. LEARN MORE Balancer BAL (24h) $7.04930 +5.81%Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor.. LEARN MORE APENFT NFT (24h) $0.00000 +1.26%APENFT was officially registered in Singapore on March 29, 2021 to meet opportunities and address pain points in the industry. LEARN MORE Mdex MDX (24h) $0.12607 -11.53%Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. LEARN MORE Fruits FRTS (24h) $0.01202 +0.52%Fruits Eco-Blockchain Project provides an eco-friendly blockchain that aims to revitalize global charity together with athletes. LEARN MORE Frax Share FXS (24h) $7.02565 +17.1%The Frax Protocol is the first fractional-algorithmic stablecoin system. LEARN MORE Axie Infinity AXS (24h) $9.35137 +3.71%Axie Infinity is a game about collecting and raising fantasy creatures called Axie, on Ethereum platform. LEARN MORE OKB OKB (24h) $16.3807 +1.92%OKB is a global utility token issued by OK Blockchain Foundation. LEARN MORE Decentralized Social DESO (24h) $15.3562 +1.29%DeSo is a new type of blockchain designed to power Web 3 decentralized social networks. LEARN MORE Top News 24H7D30DTerra collapse sparked explosive growth in long-term Bitcoin supply 23 hours ago · 3 min read CryptoSlate Wrapped Daily: Binance to set up blockchain team for Twitter after $500M investment; Terra collapse sparked BTC supply growth 18 hours ago · 3 min read Wisdom Tree takes 36% loss in crypto assets in Q3 21 hours ago · 2 min read NFT marketplace Souffl3 closes $2 million in seed round 23 hours ago · 1 min read Crypto Market StatsMarket Cap$1.03T24H Vol.$83BBTC Price$20,917ETH Price$1,639BTC Dom.38.9%ETH Dom.19.4%Top Sector (24H)Meme (43%) Crypto + NFT EventsWeb3PH Summit Oct 28, 2022 • Makati, Philippines BNB Chain Innovation Pitch Day Oct 30, 2022 • San Fransisco, CA United States San Francisco Blockchain Week Oct 31, 2022 • San Fransisco, CA United States World of Web3 (WOW) Summit Nov 1, 2022 • Lisbon, PortugalLatest Video Tyranno Studios unlocks the new era in Web3 gaming with interoperability and convenience Zeynep Geylan · 3 days ago · 25 min watchPress ReleasesXT.COM lists Plugin (PLI) in the main & web3 zone News Desk · 22 hours ago Twitter Brings Tweet Tiles Pilot to NFT Marketplaces Chainwire · 2 days ago Topl’s $1 Million Grant Program Enters Second Phase for Impact-Driven Blockchain Initiatives; Ramps Up With Sweetgum Labs Chainwire · 2 days ago Istanbul Blockchain Week Announces IstanDAO, a dedicated day to discuss, debate and learn about the growing world of Decentralized Autonomous Organizations News Desk · 2 days ago View All PRsSubmit PR
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