Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, moved lower on Tuesday, with prices dropping below the $23,000 mark.
Along with Bitcoin, mostly other altcoins also traded in the red across the board on Tuesday. The Filecoin (CRYPTO: FIL) token, which was the top gainer on Monday, recorded sharp losses today, reflecting the volatile nature of the cryptocurrency market.
The global cryptocurrency market capitalization also fell further from the $1.10 trillion mark it recorded during the previous week.
Ethereum (CRYPTO: ETH), the second-biggest cryptocurrency, also recorded losses on Tuesday, moving below the $1,600 mark.
Chiliz (CRYPTO: FIL) turned out to be the biggest loser.
At the time of writing, the global crypto market cap fell to $1.05 trillion, recording a 24-hour drop of 3.6%. BTC was trading lower by around 0.5% to $22,910, while ETH fell around 2.1% to $1,588 on Tuesday.
Investors are now awaiting earnings results from Advanced Micro Devices, Inc. (NASDAQ:CAT), scheduled for release today.
Here are the top ten crypto gainers and losers over the past 24 hours:
Gainers
- Chiliz (CRYPTO: CHZ)
Price: $0.1399
24-hour gain: 12.9%
- Cronos (CRYPTO: CRO)
Price: $0.1449
24-hour gain: 5.3%
- Theta Network (CRYPTO: THETA)
Price: $1.43
24-hour gain: 4.9%
- Gala (CRYPTO: GALA)
Price: $0.05984
24-hour gain: 4.8%
- Kava (CRYPTO: KAVA)
Price: $2.01
24-hour gain: 3.4%
Losers
- Filecoin (CRYPTO: FIL)
Price: $8.00
24-hour drop: 20%
- Arweave (CRYPTO: AR)
Price: $13.49
24-hour drop: 12.9%
- Internet Computer (CRYPTO: ICP)
Price: $7.65
24-hour drop: 12.2%
- EOS (CRYPTO: EOS)
Price: $1.18
24-hour drop: 12.1%
- Lido DAO (CRYPTO: LDO)
Price: $1.92
24-hour drop: 11%
