Cryptocurrencies have been trading in the red zone for the second day in a row, with some coins recording double-digit losses. At the time of writing, market capitalization has decreased by 0.5% in the past 24 hours, and trading volume has decreased by a whopping 41%.
The decline in market prices is related to macroeconomic factors, the Securities and Exchange Commission's stance on most assets, and industry factors affecting some coins. While declining sentiment is leading to a decline in market prices, some crypto assets are trading against the market, creating bullish pressure. Here are the top assets that flipped green today:
BNB
BNB is trading 1.17% higher at $592 over the past 23 hours, turning the tide from a bearish outlook. The asset has a market capitalization of $87.5 billion and a 24-hour trading volume of $1.3 billion. Although volume remains low due to weak overall sentiment, the crypto asset has broken out of its previous bottom.
BNB The stock is up 1.25% this week, showing strength as bulls look for further gains. Although monthly flows remain negative, recent performance has brought optimism to the market.
Toncoin (TON)
Toncoin price surged 2% today to $6.87. The asset hit recent highs amid new developments around the ecosystem. From the announcement of token distribution to the listing of HashKey, ton It has undergone a series of positive developments.
Similar to BNB, TON coin asset trading volume has plummeted as bulls attempt a short-term recovery. Toncoin outperformed the market this week, posting a massive 18% gain.
Litecoin (LTC)
Litecoin price is $81.60, up 1.80% today and moving away from other crypto assets. The coin has a market capitalization of over $6 billion, and although it remains in the red zone, intraday trading volumes have rebounded. Litecoin's daily on-chain transaction volume tends to recover as the market expands.
Cryptoassets have faced a significant correction in the past 48 hours. Bitcoin And Ethereum plummeted.
Also read: SHIB Burn: Number of Shiba Inu tokens burned to date
