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

Bitcoin BTC/USD, the most valued cryptocurrency in the world, recorded losses, falling below the $20,000 level this morning on Tuesday.

Ethereum ETH/USD also moved lower to trade below the $1,500 mark on Tuesday.

Chainlink LINK/USD was the top gainer over the prior 24 hours, while FTX Token FTT/USD 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 LINK/USD

Price: $8.47
24-hour gain: 2.1%

• Fei USD FEI/USD

Price: $0.9877
24-hour gain: 0.2%

Losers

• FTX Token FTT/USD

Price: $15.27
24-hour drop: 31.5%

• Dogecoin DOGE/USD

Price: $0.09783
24-hour drop: 15.7%

• Aptos APT/USD

Price: $6.06
24-hour drop: 13.6%

• Synthetix SNX/USD

Price: $2.35
24-hour drop: 13.2%

• Solana SOL/USD

Price: $27.10
24-hour drop: 12.7%

• EthereumPoW ETHW/USD

Price: $5.21
24-hour drop: 12.2%

• Algorand ALGO/USD

Price: $0.3723
24-hour drop: 12.2%

• Huobi Token HT/USD

Price: $6.92
24-hour drop: 11.7%