Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM on August 15, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.17 trillion US dollars, witnessing a decrease of 2.89% compared to yesterday; the total trading volume is 85.84 billion US dollars, marking an increase of 7.58% from the previous day.
According to sosovalue, the price of $BTC is 58,315 USD, a decrease of 4.14% from yesterday. The market cap of $BTC is 1.15 trillion USD, accounting for 53% of the total market cap; $BTC's 24-hour trading volume is 25.56 billion USD, making up 29.8% of the total trading volume.
The price of $ETH is 2,636.6 USD, down 3.21% from yesterday; the market cap of $ETH is 317.11 billion USD, representing 14.6% of the total market cap; $ETH's 24-hour trading volume is 15.09 billion USD, comprising 17.6% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.6% of the total cryptocurrency market cap, and their combined trading volumes constitute 47.4% 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 Holograph Utility Token (HLG). As of today, its market cap is 3.62M, with a coin price of 0.0023770 USD, witnessing a 24-hour increase of 44.9%.
The second is BarnBridge (BOND). As of today, its coin price is 2.1520 USD, with a 24-hour increase of 44.4%.
The third is InsurAce (INSUR). As of today, its coin price is 0.013290 USD, showing a 24-hour increase of 27.7%.
In fourth place is sudoswap (SUDO). As of today, its coin price is 0.10380 USD, with a 24-hour rise of 21.8%.
In fifth place is DeFiChain (DFI). As of today, its coin price is 0.030200 USD, increasing by 21.3% 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, 0 are up and 16 are down. Notably, RWA, Meme, and $BTC sectors are worth mentioning.
RWA sector has fallen -3.34% relative to the UTC 0 time, led by declines in PRCL (-8.55%), smt (-8.3%), and PROPC (-8.03%).
Meme sector has decreased -3.54% relative to UTC 0, with RSIC (-18.2%), APU (-15.4%), and mumu (-14.2%) leading the drop.
$BTC sector has fallen -4.14%, with $btc (-4.14%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Sahara Labs, a crypto-AI startup, has raised $37 million in a strategic funding round co-led by Pantera Capital and Polychain Capital. The round also included investors like Binance Labs, Samsung Next, and others. This funding follows a $6 million seed round, bringing the total to $43 million. Sahara Labs, co-founded by Sean Ren and Tyler Zhou, is developing the Sahara AI platform aimed at democratizing AI through a decentralized blockchain approach. The platform will feature an AI-native blockchain, a marketplace for AI assets, and development tools to support collaborative AI development and deployment. Sahara AI also has partnerships for use cases in various sectors, including entertainment and automotive.
Next news:MetaMask has launched a new blockchain-based debit card in collaboration with Mastercard and Baanx. This innovative card enables MetaMask users to make purchases directly from their self-custodial crypto wallets, enhancing the usability of cryptocurrencies for everyday transactions.
Next news:Goldman Sachs has disclosed ownership of over $400 million in bitcoin ETFs, as revealed in a recent 13F filing.
Next news:Foresight News: According to on-chain analyst @ai_9684xtpa, a whale transferred 500 billion PEPE tokens to Kraken 11 hours ago, resulting in a loss of approximately 1.53 million US dollars upon selling. Currently, the whale still holds 250.30 billion PEPE tokens, with an unrealized loss of about 780 thousand US dollars.
Next news:
According to SoSoValue, as of August 14th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $81.36M.
Yesterday, Grayscale's ETF GBTC had a net outflow of $56.87M, bringing GBTC's total historical net outflow to $19.55B.
Grayscale Bitcoin Mini Trust ETF $BTC had a net outflow of $ 0.00 ，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 Franklin's ETF EZBC, with a daily net inflow of $3.42M, with EZBC's total historical net inflow reaching $384.14M.
Following that, BlackRock's ETF IBIT had a daily net inflow of $2.68M, with IBIT's total historical net inflow reaching $20.37B.
As of this writing, the total net asset value of Bitcoin spot ETFs stands at $53.60B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.59%. The historical cumulative net inflow has reached $17.32B.
Source: https://sosovalue.com/assets/etf
Next news:The U.S. announced that the seasonally adjusted core CPI monthly rate in July was 0.2%, which was expected to be 0.20% and the previous value was 0.10%. The U.S. unadjusted CPI annual rate in July was 2.9%, which was expected to be 3.0% and the previous value was 3.0%.
Next news:
Foresight News reported that according to Bitget market data, Bitcoin has dropped below 59000 USDT, currently trading at 58948 USDT, with a 1% decrease in the past 24 hours.
Next news:Wu learned that according to Trader T's monitoring, hedge fund Millennium Management reduced its positions in spot Bitcoin ETFs in the second quarter: decreased by 14% in FBTC, currently holding 589 million USD; decreased by 48% in IBIT, currently holding 371 million USD; decreased by 52% in GBTC, currently holding 82 million USD; increased by 71% in BITB, currently holding 65 million USD; increased by 8837% in MSTR, currently holding 121 million USD.
Next news:The core CPI annual rate in the United States in July, unadjusted for seasonality, was 3.2%, falling for the fourth consecutive month, reaching the lowest level since April 2021, in line with market expectations. The unadjusted CPI annual rate in the United States in July was 2.9%, falling for the fourth consecutive month, returning to the "2-digit" range for the first time since March 2021, with market expectations at 3%. Nick Timiraos, a spokesperson for the Federal Reserve, stated that the CPI data for July cleared the way for the Fed to start cutting interest rates at the next meeting. Binance's futures platform will launch the BANANA USDT perpetual contract on August 15, 2024, with leverage of up to 50 times. OKX will officially open DOGS/USDT spot trading on August 20.
Next news:Crypto.com has secured a multiyear sponsorship deal with the UEFA Champions League, which will be officially unveiled at the UEFA Super Cup match between Real Madrid and Atalanta in Warsaw.
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.