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Crypto Market Sees Double-digit Gains in the Last 24 Hours

Cryptocurrency May 13, 2022 06:00AM ET
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Crypto Market Sees Double-digit Gains in the Last 24 Hours

    • The majority of tokens in the market have seen a decent gain in the last 24 hours.
    • Bitcoin (BTC) takes its price above the key resistance/support level of $30,000.
    • ApeCoin (APE) is amongst the biggest gainers in the top 30 list.

The majority of tokens and projects in the crypto market have seen a decent gain in the last 24 hours, according to CoinMarketCap.

Just looking at the top 10 cryptocurrencies ranked by market cap, the leader, Bitcoin (BTC) is up around 12.24% in the last day. Taking its price to just above the key resistance/support level of $30,000. BTC price now stands at $30,321.62 at the time of writing.

Second on the list is Ethereum (ETH), which is up by approximately 13.36% in the last 24 hours. ETH now trades at $2,081.95.

The market caps of both BTC and ETH are $578.22 billion and $252.57 billion, respectively.

Top 10 crypto coins pick up steam in the last 24 hours (Source: CoinMarketCap)

The two largest cryptos by market cap are not the only ones that witnessed 24-hour gains. Binance Coin (BNB), ranked number 5 on CoinMarketCap’s list, is also up by almost 26%, taking the price to $299.72. Number 6 on the list, Ripple (XRP), is also up 17.76% in the last 24 hours.

The remaining coins on the top 10 market caps list, Cardano (ADA), Solana (SOL), and Dogecoin (DOGE) have also seen double-digit daily gains. The price of ADA is now $0.5756, SOL is worth $50.61, and DOGE’s price is around $0.09186. These are gains of 30.77%, 16.94%, and 21.02% respectively.

Almost all of the coins ranked from number 11 to 40 on CoinMarketCap’s market cap ranking have gained at price over the last day. ApeCoin (APE) is amongst the biggest gainers in the top 30 list, with a 24-hour price gain of 69.18% – taking the price of APE to $9.42.

Continue reading on CoinQuora

Crypto Market Sees Double-digit Gains in the Last 24 Hours
 

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