CryptoSlate Daily wMarket Update – DEC. 1: Top 10 cryptocurrencies record mixed market performance

The cryptocurrency market cap saw net outflows of $3.99 billion over the last 24 hours and currently stands at $857.03 billion — down 0.41% from $861.02 billion over the reporting period.

Bitcoin’s market cap decreased by 0.64% to $327.06 billion, while Ethereum’s market cap increased by 0.20% to $157.74 billion

The top 10 cryptocurrencies had a mixed performance as some assets registered slight gains while others recorded losses. BTC lost 0.54%, while ETH gained 0.52% over the reporting period.

Over the reporting period, USD Coin’s (USDC)and BinanceUSD’s (BUSD) market cap decreased to $43.13 billion and $22.16 billion, respectively. Meanwhile, Tether’s (USDT) market cap remained flat at $65.36 billion.

Bitcoin

Bitcoin lost 0.54% to trade at $17,007 as of 07:00 ET. Its market dominance remained flat at  38.1%.

During the last 24 hours, Bitcoin mostly traded below the $17,000 level.

Ethereum

ETH posted 0.52% gains over the last 24 hours to trade at $1,289 as of 07:00 ET. As a result, its market dominance increased to 18.4% from 18.3% over the reporting period.

ETH was able to maintain its price above the $1,200 mark during the last 24 hours.

Top 5 Gainers

Acala Token

ACA is the day’s biggest gainer, growing by 23.85% over the last 24 hours to $0.14 as of press time. The token has grown by over 24% in the last seven days. Its market cap stood at $80.39 million.

WEMIX

WEMIX gained 22.71% over the reporting period to trade at $0.54 as of press time. Its market cap stood at $132.9 million.

Trust Wallet Token

TWT is up 17.2% in the last 24 hours to $1.048. The self-custodial token has grown 12% over the last seven days. Its market cap stood at $246.62 million.

dYdX

The DEX token saw 11% gains to trade at $1.88 as of press time. Its market cap stood at $123.68 million.

HEX

HEX grew by 10.7% to 0.031. Its market cap stood at $5.51 billion.

Top 5 Losers

MobileCoin

MOB fell 11.01% over the reporting period to $1.16. Its market cap stood at $86.22 million.

Fruits

FRTS decreased 10.84% over the last 24 hours to $0.006. Its market cap stood at $135.72 million.

Icon

ICX continued its poor price performance, crashing by 6.57% to $0.18 as of press time. Its market cap stood at $170.09 million.

HI

HI is among the day’s biggest losers for the third consecutive day. It lost 4.44% of its value to trade at $0.027 as of press time. Its market cap stood at $80.86 million.

Dogecoin

DOGE fell 4.34% over the reporting period to erase the gains it made earlier in the week. Its market cap stood at $13.28 billion

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