Crypto Market Daily Highlights – XRP Bucks the Top Ten Trend

The crypto top 10 had a choppy Sunday session. SOL and DOGE led the way down, but XRP defied the top ten trend. BTC missed the $20,000 mark for the sixth session in a row and finished the day below $19,000 for the fourth time this week.

There were no cryptocurrency news headlines to affect the mood of investors on Sunday. The cryptocurrency market broke away from the NASDAQ 100 on Thursday and Friday, surging for two straight days. A gloomy weekend, however, persisted as investor resiliency was put to the test by concerns about Fed monetary policy and the future for the economy.

However, the NASDAQ 100 Mini fell 34 points this morning, while the market capitalization of cryptocurrencies increased by $1.12 billion (0.13%).

Crypto Market Declines for a Second Week in a Row to Under $900 billion

The crypto market value on Sunday increased to a peak of $908.1 billion in the middle of the afternoon before falling to a low of $875.9 billion. The crypto market cap fell by $7.6 billion to $885.9 billion for the day despite a late partial comeback.

The crypto market worth decreased by $9.51 billion throughout the course of the week, bringing September's market cap to a $72 billion loss.

The Top Ten and Beyond Crypto Market Movers and Shakers

The crypto top 10 had a choppy Sunday session.

XRP defied the trend among the top 10, increasing by 0.50%. For the remaining top ten, it was a bearish session, nevertheless.

DOGE and SOL led the way down, falling 3.09% and 3.16%, respectively.

BTC (-0.62%), BNB (-0.18%), ADA (-1.11%), and ETH (-1.72%) also saw declines.

It was a mixed session for the top 100 coins on CoinMarketCap.

With a gain of 5.59%, ApeCoin (APE) took the lead, followed by Chainlink (LINK) and Maker (MKR), which each saw gains of 3.21% and 4.59%.

Ravencoin (RVN), however, dropped by 7.10% to take the lead in the downward trend, followed by Terra Classic (LUNC) and Lido DAO (LDO), which all suffered losses of 6.34%.

In a bearish session, 24-Hour Crypto Liquidations eked out a little gain.

Despite the crypto market declining for a second straight session, overall liquidations increased over the course of a day on Sunday but remained modest.

The 24-hour liquidations total was $74.63 million at the time of writing, up from $63.12 million on Sunday morning.

Liquidated traders have surged during the last 24 hours as well. As of the time of writing, there were 34,027 liquidated traders as opposed to 27,917 on Sunday morning.

Additionally, liquidations were up over the previous four hours but down over the previous hour and 12 hours.