Today’s crypto movers: Bitcoin (↑1.21%), Ethereum (↑0.22%), Oasis Network (↓3.71%) and 0x (↑52.23%)

Posted: 21 April 2022 7:07 am
News
0x (ZRC)

The overall crypto market is down -0.47% in the past 24 hours. 0x dominated, making new highs this year.

The crypto market traded mostly flat in the past 24 hours. This is normal after three days of rising prices.

Overall, the crypto market saw prices change by -0.47%, which shows prices consolidating after rebounding from the recent lows.

Trading volume over the last 24 hours was 16% higher than the recent seven-day average.

Price volatility was 0.61%, meaning prices didn’t fluctuate much.

The two biggest coins: Bitcoin and Ethereum

Bitcoin (BTC) is the biggest coin by market cap and its price changed by 1.21%. Bitcoin now represents 41.09% of the overall market cap of the 250 biggest coins.

Bitcoin lead the way for most cryptocurrencies, trading flat in the past 24 hours. This can be considered a break after rising almost 9% within the past three trading sessions. It often means investors and traders are preparing for the next move.

The second most valuable crypto, Ethereum (ETH), saw its price change by 0.22%. Ethereum’s market cap is 48.15% of Bitcoin’s value.

Ether made a similar move to Bitcoin — traded mostly flat after making a rebound from recent lows. The two price levels to watch in the coming days are $3,250 in the upside and $3,000 as a support.

Today’s biggest gainers and losers

The coin with the biggest percentage gain (out of the top 250) was 0x (ZRX). Its 24 hour increase was 52.23%. The increase means ZRX is now the 89th biggest coin with a market cap of US $860 million.

0x (ZRX) is an infrastructure protocol to trade ERC-20 tokens and other assets on the Ethereum blockchain. It enables users to trade without relying on centralized entities. With the ZRX token, users can pay trading fees, take part in governance and stake it for rewards.

The recent gain is due to Coinbase selecting 0x to power its social NFT marketplace.

The biggest loser in the 200 biggest coins was Oasis Network (ROSE). Its drop over the last day was 3.71%. After the fall, ROSE is now the 97th biggest coin with a market cap of US $803 million.

Oasis Network (ROSE) is a privacy-enabled and scalable layer 1 blockchain network. It combines high throughput and low gas fees with secure architecture. This design provides a foundation for Web3 and power DeFi, GameFi, NFTs, metaverse, data tokenization and data DAOs.

The recent loss is a typical market fluctuation as the price stabilizes after 12 April’s Damask upgrade.

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site