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Data Availability Falls 6.07% as Crypto-Backed Stablecoin Gains 0.84%

Crypto-backed Stablecoin had a $5.17 billion market cap, while Data Availability stood at $7.19 billion in a snapshot recorded late Friday.

A metal token and storage drive sit on opposing angled platforms / TokenPost.ai
A metal token and storage drive sit on opposing angled platforms / TokenPost.ai

Crypto sector performance split sharply in a snapshot recorded at 11:06 p.m. ET Friday, Oct. 23 (03:06 UTC Saturday). Crypto-backed Stablecoin posted the strongest 24-hour gain among sectors valued at least $2 billion, while Data Availability recorded the steepest drop.

Crypto-backed Stablecoin rose 0.84% to a $5.17 billion market cap, with $153.4 million in volume. Data Availability fell 6.07% to $7.19 billion, with $714.4 million in volume.

Among other higher-ranked sectors, Made in China gained 0.23% to $141.58 billion, with $1.44 billion in volume. Centralized Exchange (CEX) Token added 0.07% to $126.75 billion, with $1.20 billion in volume. Meme slipped 0.06% to $29.59 billion, with $2.66 billion in volume, while Stablecoins declined 0.12% to $296.90 billion, with $53.21 billion in volume.

Several other sectors also posted losses. Privacy Coins fell 5.05% to a $31.38 billion market cap, with $887.6 million in volume. Options dropped 4.88% to $6.24 billion, with $21.5 million in volume, and Prediction Markets lost 4.78% to $5.93 billion, with $21.8 million in volume.

Gambling (GambleFi) declined 4.70% to $6.54 billion, with $21.2 million in volume. The listed readings paired modest gains in some larger sectors with steeper losses among several others.

A previous Data Availability sector snapshot recorded a 10.98% decline for the category. The latest snapshot shows a separate 24-hour reading.

Sector memberships overlap, so the market-cap and volume figures represent separate category readings and cannot be added together as totals for the crypto market.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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