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Market Highlights January 17: Cardano is strong, US stocks continue to be poor until 2022

The crypto market as a whole is bearish today. Jamaica will soon roll out its digital currency. The Prime Minister of Jamaica expects that within five year 70%, the entire population will be using it. Retail giant Walmart plans to launch its own cryptocurrency. It has filed numerous trademark applications that outline its plans. US…

The crypto market as a whole is bearish today. Jamaica will soon roll out its digital currency. The Prime Minister of Jamaica expects that within five year 70%, the entire population will be using it.

Retail giant Walmart plans to launch its own cryptocurrency. It has filed numerous trademark applications that outline its plans.

US stock prices remain underwater after a difficult start to 2022,. The SPX 500 lost 0.3%, and the DJ 30 fell 0. 88% was last week.

Real Estate was the US’s worst performing sector, with American Tower Corporation (and Crown Castle International) both dropping more than 5%.

Top cryptos

Cardano was the only top 10 crypto in the green over the past 24 hours, gaining more than 10%, and up 30% over the past week.

On the losing side, Polkadot dropped more than 4.5% while Solana fell around 3%. Bitcoin was trading just under $43,000 at time of writing.

Top movers

Monero was today’s clear winner with gains of almost 6%. THORChain has increased almost 7%. Oasis Network continues to grow. In the last 24 hour, its native token ROSE saw a 7% increase in value.

OKB is also up 7% today, a cryptocurrency that was released by the OK Blockchain Foundation, and Maltese crypto exchange OKEx. Kava, a crosschain DeFi lending platform that allows users borrow USDX stablecoins to deposit a variety cryptocurrencies and begin earning a return, is also up 7%.

At one end, Loopring is losing 6% while Kadena is down 8%. Ravencoin, which was growing alongside Loopring, Kadena, and Kadena last Wednesday, is also experiencing a reverse win with a 6% decline in the 24 hours.

Trending

The current live request price is $0. 355 with a 24-hour trading volume of $86.6 million. In the last 24 hour, the token gained 24%.

LooksRare, a community-focused NFT market that rewards creators and traders for their participation, is . It is also popular today, with gains of 16%.

The token of Avaxtars is the biggest winner. It’s an idle browser game that runs on the Avalanche Blockchain using the Play to Earn model. Avaxtars Token was 236% up in the last 24 hour, partly due to news about a new partnership between Kaira Network.

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