Cryptocurrencies rose more than 1 percent in the past 24 hours rebounding from the levels a day earlier, amidst uncertainty surrounding the debt ceiling crisis in the U.S. The Dollar’s weakness also supported the rally.<\/p>\n
The Dollar Index which measures the Dollar’s strength against a basket of 6 currencies dropped 0.21 percent overnight to 102.46. The day’s trading range was between 102.38 and 102.75.<\/p>\n
Overall crypto market capitalization has increased to $1.14 trillion, from $1.13 trillion a day earlier.<\/p>\n
Bitcoin is trading at $27,277.08, having gained 1.5 percent in the past 24 hours. On a weekly basis, BTC has shed more than 2 percent. Year-to-date gains have fallen to 65 percent. Bitcoin currently dominates 46.5 percent of the overall crypto market.<\/p>\n
Ethereum is trading at $1,817.56, up half a percent on an overnight basis. Ethereum, which dominates 19.7 percent of the overall crypto market has gained 52 percent in 2023. <\/p>\n
4th ranked BNB (BNB) added 0.73 percent overnight but is still trailing 0.80 percent on a weekly basis. <\/p>\n
6th ranked XRP (XRP) lost 0.64 percent overnight and 2.2 percent on a weekly basis. <\/p>\n
7th ranked Cardano (ADA) edged up 0.07 percent overnight. It has lost 0.73 percent over the past 7 days. <\/p>\n
8th ranked Dogecoin (DOGE) also edged up 0.15 percent in the past 24 hours but is trailing the levels a week ago by as much as 2.8 percent.<\/p>\n
9th ranked Solana (SOL) has gained 0.80 percent overnight and 0.26 percent in the past week. <\/p>\n
10th ranked Polygon (MATIC) gained 0.62 percent overnight but is losing around 7 percent on a weekly basis.<\/p>\n
32nd ranked Lido DAO (LDO) and 42nd ranked The Graph (GRT) rallied more than 9 percent in the past 24 hours. 55th ranked Conflux (CFX) also rallied close to 9 percent. CFX continues to top the price charts on a year-to-date basis among the top 100 cryptocurrencies with gains of close to 1200 percent.<\/p>\n
66th ranked Pepe (PEPE) is the greatest laggard with an overnight decline of more than 9 percent. 72nd ranked Klaytn (KLAY) also shed more than 7 percent overnight. PEPE led losses on a weekly basis as well with a decline of more than 21 percent.<\/p>\n
For More Cryptocurrency News, visit rttnews.com <\/p>\n