The crypto market was largely in the red during the Asian morning session, with most of the top ten cryptocurrencies showing losses. Later in the day a reversal took place, and many coins moved into positive territory.
US equities erased earlier steep losses and staged a late comeback yesterday, with the SPX500 (+0.24%), DJ30 (+0.15%) and NASDAQ100 (+0.45%) closing higher.
Top Cryptos
Bitcoin was in the green, up roughly 5% and trading above $36,000 at the time of writing. Ethereum and XRP were down about 1% during the Asian session, while Cardano slipped roughly 3%.
A notable gainer among the top 20 was Cosmos, ranked No. 17. Its ATOM token rose 13% today. ATOM continued its rally after gaining as much as 8% yesterday morning as investors bet on further upside for the high-speed blockchain.
Drivers behind its growth include the implementation of a bridge between Cosmos and Polkadot and upcoming airdrops for Cosmos stakers.
Biggest Movers
Fantom rallied today. The robust Ethereum competitor token climbed 12% over the past 24 hours.
Elrond attempted a comeback. The EGLD token gained about 9% today, although it still shows a weekly decline of roughly 28%.
One standout within the top 100 was OKB. Ranked 61st by market capitalization, the token issued by the OK Blockchain Foundation and the Malta-based crypto exchange OKEx jumped 14% today.
Other winners included Loopring, up 14%, and Bora, rising 16%. Bora has reached the #90 position. Woo Network entered the top 100, gaining 16% in the last 24 hours to secure the #100 spot.
Trending
DIA, an open-source oracle platform token that enables market participants to source, supply and share trusted data, surged on news of an upcoming listing on Coinbase. Its price climbed 46% and continued to extend gains today.
MXC continued its recent rally, gaining 31% in the past 24 hours.
FX, the native token of Function X, rose 29% today. FX traded at $0.67 with a 24-hour trading volume of $28.45 million.
Ooki, a decentralized protocol for margin trading, borrowing, lending and staking that supports DApp development for lenders, borrowers and traders, climbed 28% in the last 24 hours.