Over the last 24 hours, the crypto market overall was lower. All 10 top cryptos saw declines or were flat as of the writing.
Yesterday’s close of the US markets saw their worst quarter in over two years. The SPX500 was down 1.32%, the DJ30 down 1.25%, and the NASDAQ100 down 1.29%.
The unprecedented US intervention in the oil market has been announced by Joe Biden, the US President. It will release 180 million barrels oil to the market in six months.
Bitcoin dropped nearly 5% yesterday. Cardano, BNB and Avalanche all fell more than 5%. XRP lost almost 6%.
The top 20 losers are Shiba Inu, Polkadot and Polkadot. They were down about 8% as of the time this article was written.
The situation in the top 100 coins was similar. Most coins lost 6-9% of value in the past 24 hours. Neo and Gala lost 10%. Chiliz and IoTeX each lost 12%, reversing yesterday’s gains.
Waves is also up more than 9 percent today. Fantom, who announced yesterday a $480 million grant programme, saw a 3% increase.
Zilliqa is also on the rise by 3%. As the launch of its metaverse nears, Zilliqa has been rising in value. SKALE Network, which is increasingly appealing to developers, has added 5% value.
STEPN, which has gained 49%, is the biggest mover. Since March 2022 when GMT was listed on Binance, the value of GMT has been steadily rising.
It is booming on news of a major but unknown partnership between STEPN, an unknown entity, and Binance.
Dotmoovs is the top gainer today, up 222% in 24 hours. It is a remote peer to peer sports competition platform that promises revolutionisation in the way people perceive athletic performance.
The platform claims that they have developed an AI algorithm which allows them to predict sports movements and tricks through a smartphone video.