Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM on August 13, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.18 trillion US dollars, witnessing an increase of 1.8% compared to yesterday; the total trading volume is 105.11 billion US dollars, marking an increase of 45.3% from the previous day.
According to sosovalue, the price of $BTC is 59,202 USD, an increase of 1.08% from yesterday. The market cap of $BTC is 1.17 trillion USD, accounting for 53.5% of the total market cap; $BTC's 24-hour trading volume is 40.37 billion USD, making up 38.4% of the total trading volume.
The price of $ETH is 2,651.8 USD, up 3.84% from yesterday; the market cap of $ETH is 318.93 billion USD, representing 14.6% of the total market cap; $ETH's 24-hour trading volume is 20.61 billion USD, comprising 19.6% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68.1% of the total cryptocurrency market cap, and their combined trading volumes constitute 58% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 05:55 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Cratos. As of today, its market cap is 28.60M, with a coin price of 0.00047460 USD, witnessing a 24-hour increase of 55%.
The second is CANTO. As of today, its coin price is 0.060604 USD, with a 24-hour increase of 47.2%.
The third is BarnBridge. As of today, its coin price is 2.1520 USD, showing a 24-hour increase of 44.4%.
In fourth place is Zus. As of today, its coin price is 0.099250 USD, with a 24-hour rise of 36.5%.
In fifth place is Lybra Finance. As of today, its coin price is 0.089900 USD, increasing by 31.8% over the last 24 hours.
Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, all are up today. Notably, $ETH, DePIN, and Layer2 sectors are worth mentioning.
$ETH sector has risen 3.85% relative to the UTC 0 time, led by gains in $ETH (3.85%).
DePIN sector has increased 3.5% relative to UTC 0, with ZCN (36.6%), LAMB (12.2%), and HNT (11.7%) leading the rise.
Layer2 sector has risen 3.31%, with SAGA (26.1%), DYM (16.1%), and MNW (10.7%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue, as of August 12th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $27.87M.
Yesterday, Grayscale's ETF GBTC had a net outflow of $11.77M, bringing GBTC's total historical net outflow to $19.46B.
Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $ 7.85M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $273.99M.
The Bitcoin spot ETF with the highest net inflow for the day was Ark Invest and 21Shares's ETF ARKB, with a daily net inflow of $35.40M, with ARKB's total historical net inflow reaching $2.45B.
Following that, BlackRock's ETF IBIT had a daily net inflow of $13.45M, with IBIT's total historical net inflow reaching $20.33B.
As of this writing, the total net asset value of Bitcoin spot ETFs stands at $53.75B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.63%. The historical cumulative net inflow has reached $17.37B.
Source: https://sosovalue.com/assets/etf
Next news:Bitcoin Miner Marathon Digital Plans $250M Private Note Sale to Fund Bitcoin Buying
The notes will pay interest every six months and mature Sept. 1, 2031.
Next news:The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against NovaTech and eight of its promoters, accusing them of operating a $650 million cryptocurrency pyramid scheme. The charges include fraud and multiple violations of federal securities laws.
Next news:Foresight News reports that according to Bitget market data, Ethereum has surged in the short term, breaking through 2700 USDT and is currently trading at 2,690.18 USDT, with a 24-hour increase of 2.03%.
Next news:
According to HTX market data, on August 12th, Bitcoin rebounded and broke through $60,000, currently priced at $60,267.54, with a 0.27% increase in the last 24 hours.
Next news:Optimism networks, part of the Superchain, currently rely on Ethereum for communication between affiliated blockchains, making asset transfers slow and costly. To improve this, Optimism is launching an interoperability roadmap.
Next news:Foresight News reported that the liquidators of the bankrupt crypto hedge fund Three Arrows Capital are seeking at least $1.30 billion in compensation from the bankrupt TerraForm Labs to offset the losses suffered by the fund following the collapse of TerraUSD and Luna tokens in 2022.
Next news:Polymarket, a betting marketplace, has partnered with Perplexity, an AI search engine, to collaborate on an information-sharing deal. This partnership aims to enhance user experience by integrating their respective technologies.
Next news:Foresight News reports that according to Bitget market data, SUI has broken through 1 USDT, currently priced at 1.0599 USDT, with a 24-hour increase of 19.83%.
Next news:Foresight News reported that the Bitcoin mining company Argo Blockchain has announced the full repayment of the $35 million loan provided by Galaxy Digital in 2022. The repayment was made more than four months ahead of the current plan and nearly 18 months earlier than originally scheduled. The principal repayment for 2023 is $11.50 million, with the remaining $23.50 million to be repaid in 2024. Argo stated that the loan repayment was achieved through the use of cash flow generated from operations, cash generated from equity financing, and cash generated from the sale of non-core assets.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.