Bitcoin and Ethereum Fall Back, Huobi Token Rises 58%
Bitcoin, the top crypto token, remained unsuccessful to surpass the level of $16,800 on the 27th of November. Analogous to that, Ethereum (the 2nd most prominent crypto token) has been on the same track. It is presently showing a bearish trading trend above $1,200. Well-known crypto tokens were trading at a lower level on the 27th of this month because the worldwide market cap of cryptocurrency plunged by nearly 0.16% ($840.32B) on the last day.
Bitcoin and Ethereum Retreat in Token Price
During the previous 24 hours, the trading volume of Bitcoin has been $16,558 with a trading volume of up to $18B. Along with that, Ethereum’s present price is $1,216 and $4B is its trading volume. The loss of Ethereum is roughly $148B. Its circulating supply is almost 122,373,866 ETH tokens. In the same vein, during the previous twenty-four hours, the market volume of crypto dropped by ten percent to thirty-three billion dollars.
The cumulative 24-hour volume of the DeFi sector is at present standing at $2.74 billion, taking into account approximately eight percent of the whole crypto market. The total volume of the entirety of the stablecoins is currently around $31.69B, denoting 93.28% of the crypto market’s entire 24-hour volume.
You May Also Like: Bitcoin On-Chain Analysis based on HODL Waves Chart
On the other hand, Huobi Token (HT), UNUS SED LEO (LEO), and Apecoin (APE) are considered to be the 3 prominent tokens among the hundred. This is because they have gathered value during the previous twenty-four hours. The price of APE has escalated by up to 15% to around $2.75. The price of LEO has soared by eight percent to $4. In addition to this, a 6.5% growth has been witnessed in the price of HT.
Synthetix (SNX), BinaryX (BNX), and Trust Wallet Token (TWT) are categorized as the 3 of the well-known hundred tokens that have lost value during the previous twenty-four hours. Apart from that TWT has been deprived of 8% and trades at nearly $1.95. The position of BNX is four percent down to trade at about $148. Simultaneously, the price of SNX is lowered by four percent and trading at $1.68.
Huobi Token Surges by 58% amid Market’s Bearish Momentum
However, a consistent rise is taking place in the Huobi token’s price. The token has moved across fifty-eight percent during the previous week and four percent during the last day. The present rank of the token is 39 at CoinMarketCap. Its live market capitalization is approximately $1B. Nearly 153,357,694 HT tokens are in circulation and their maximum supply is about 500,000,000 HT tokens.
