Global Crypto Market Cap Falls Below $1 Trillion; FTX Token Becomes Top Loser

Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, recorded losses, falling below the $20,000 level this morning on Tuesday.

Ethereum (CRYPTO: ETH) also moved lower to trade below the $1,500 mark on Tuesday.

Chainlink (CRYPTO: LINK) was the top gainer over the prior 24 hours, while FTX Token (CRYPTO: FTT) turned out to be the biggest loser after Binance CEO Changpeng Zhao announced it would liquidate its entire FTX holding.

At the time of writing, the global crypto market cap fell to $970.96 billion, recording a 24-hour decline of 5.3%. BTC was trading lower by 5.7% at $19,513, while ETH fell by around 7.8% to $1,450 on Tuesday.

Here are the top ten crypto gainers and losers over the past 24 hours:

Gainers

• Chainlink (CRYPTO: LINK)

Price: $8.47
24-hour gain: 2.1%

• Fei USD (CRYPTO: FEI)

Price: $0.9877
24-hour gain: 0.2%

Losers

• FTX Token (CRYPTO: FTT)

Price: $15.27
24-hour drop: 31.5%

• Dogecoin (CRYPTO: DOGE)

Price: $0.09783
24-hour drop: 15.7%

• Aptos (CRYPTO: APT)

Price: $6.06
24-hour drop: 13.6%

• Synthetix (CRYPTO: SNX)

Price: $2.35
24-hour drop: 13.2%

• Solana (CRYPTO: SOL)

Price: $27.10
24-hour drop: 12.7%

• EthereumPoW (CRYPTO: ETHW)

Price: $5.21
24-hour drop: 12.2%

• Algorand (CRYPTO: ALGO)

Price: $0.3723
24-hour drop: 12.2%

• Huobi Token (CRYPTO: HT)

Price: $6.92
24-hour drop: 11.7%