Cryptocurrency experts name the most profitable cryptocurrencies of the day

The digital asset market is showing a gradual recovery. The global capitalization was recorded at $ 1.13 trillion, an increase of 1.4%. Over the past 24 hours, several digital tokens from the top 100 ranking have increased in value.

Render Token (RNDR) became the undisputed leader. The asset is traded at an average price of $ 2.36, with a market capitalization of $ 859.17 million. In total, the increase was 20.66% over the reporting period. Daily trading volumes reached $ 321.49 million.

The second place was taken by Synthetix (SNX), which rose in price by 9.1%. The cryptocurrency is traded at $ 2.39, and the total supply of coins circulating on the market amounted to $ 621.21 million. Traders secured daily deals worth $ 80.39 million.

The third place went to Mask Network (MASK), which gained 8.97% over the past day. The virtual coin is worth $ 4.47, the market capitalization amounted to $ 358.32 million, and daily trading transactions exceeded $ 198.17 million.

As for the flagship asset of BTC $56,846.70 Bitcoin -0.89% Market capitalization $1.12 trillion VOL. 24 hours $1.15 billion , bitcoin is currently worth $ 26,887, which is 1.13% lower than yesterday. The coin’s market capitalization amounted to $ 521 billion, and traders made daily trading deals worth $ 1.2 billion.

The leading altcoin ETH $2,967.69 Ethereum -1.90% Market capitalization $356.72 billion VOL. 24 hours $0.55 billion also demonstrates a minimal drawdown of 0.61%. At the time of writing, Ethereum is trading at $ 1,806. The total supply of coins on the market is $ 217.3, and daily trading transactions have reached $ 534.7 million.

Cryptocurrency market players are awaiting the speech of the US Federal Reserve Chairman Jerome Powell. The event is scheduled to take place today, May 19. During the FOMC (Federal Open Market Committee) meeting, Powell will talk about the agency’s future plans to fight inflation and the economic crisis in the United States.