The crypto market as a whole is bearish with most of the top 100 coins in red at the time of writing.
Bitcoin is down nearly 6% of its value in the past 24 hours to trade below $30,000. Ethereum is down around 7%. Binance Coin (BNB) fell 8.50% after Bloomberg reported the US Securities and Exchange Commission was investigating its US partner.
Furthermore, the SEC is investigating whether Binance should have registered BNB with the watchdog during its ICO in 2017. Cardano and Solana also posted losses of up to 10%.
Cryptos outside the top 10 showed a similar trend. Despite being listed by Europe’s largest crypto exchange, the Shiba Inu lost around 6% in the last 24 hours. The UNUS SED LEO is the only top 20 coin in green. It gained 2% today.
Outside the top 20, the trend was similar, with most coins losing 4-8% of their value. Notable standouts include ICP, down 12%, AAVE and Thorchain with 10%, and Axi Infinity and Neo with 11%. All are reversing recent gains.
The Gala is the only top 100 coin in green. It’s up 4% after Gala Games announced a partnership with Epic Games to launch battle royale game Grit on the Epic Games Store. The Galaverse entered its second day, a momentous event for the ecosystem.
The biggest winner today is CV SHOTS, whose token CVSHOT is up 289% in the last 24 hours. The platform was created to help companies and job seekers network. Its purpose is to help business owners find qualified employees.
The platform has grown into an important job marketplace, connecting all types of companies with millions of job seekers.