Crypto market movers and shakers from the top ten and beyond
Wednesday’s session was mixed for the top ten cryptocurrencies.
ETH led the way, up 1.91%, with BTC (+18%), SOL (+0.02%) and XRP (+0.36%) also gaining support.
However, ADA is down 1.55%, with BNB (-0.82%) and DOGE (-0.30%) also down.
From CoinMarketCap Top 100, it’s a mixed session.
Chiliz (CHZ) led the way, up 10.81%, with Lido DAO (LDO) and Curve DAO Token (CRV) gaining 10.56% and 7.79%, respectively.
However, helium (HNT) led the way lower, dropping 5.37%, and Elrond (EGLD) and Dash (DASH) saw losses of 3.09% and 2.47%, respectively.
Cryptocurrency liquidations fall back 24 hours but climb every hour
In the 24-hour period, overall liquidations eased, buoyed by weaker-than-expected ADP employment numbers. However, fear of the Fed persisted, leading to a choppy end to Wednesday’s session.
At the time of writing, 24 hour liquidations are $164.73 million, down from $239.14 million Wednesday morning.
The number of traders who were liquidated in the last 24 hours also decreased. At the time of writing, the number of liquidated traders is 40,952 compared to 60,258 on Wednesday morning. The 12-hour and four-hour liquidation retreated, while the one-hour liquidation rose, reflecting the bearish end of the Wednesday session.