The global crypto markets are sitting at US$931.7bn this Tuesday, having barely budged over the past day, or indeed, month.
It’s indicative of the continual sideways trade seen across most major cryptocurrencies, including Bitcoin, which is currently changing hands at US$19,300.
BTC struggles to escape its sideways trade as investors await the next breakout – Source: currency.com
Ethereum (ETH) did add 0.3% this morning, bringing the coin up to US$1,347.
Ripple (XRP) is one large-cap altcoin that saw a noticeable dip in the past 24 hours, having had 1.9% knocked off its market cap.
BNB, Cardano (ADA) and Solana (SOL) inched downwards, while Polygon (MATIC) saw incremental gains.
Polkadot (DOT) was the biggest gainer of the large-caps, having added 1.5%, bringing its market cap up to US$6.7bn.
A number of smaller network tokens rallied, including Klaytn, which is now nearly 40% up across the week with a market cap of US$622.7mln.
Casper (CSPR) and the Theta Network are also outperforming, as is fan-engagement token Chiliz, which just added nearly 7%.
Most decentralised finance (DeFI) tokens underperformed, with Aave dropping 4.4%, Curve dropping 3.1%, and Maker (MKR) and Synthetix (SNX) both dropping 2.4%.
Lido and Convex Finance saw smaller losses.
Total value locked across all DeFi protocols is US$52bn, marking a 2,2% fall day on day.
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