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The cryptocurrency market cap saw net outflows of $27.6 billion and currently stands at $1.177 trillion — down 2.3% from $1.204 trillion.
During the last 24 hours, the market caps of Bitcoin and Ethereum fell 2.4% and 2.7% to $538.55 billion and $224.22 billion, respectively.
Over the reporting period, the top 10 crypto assets all recorded losses. Dogecoin leads the losses, down 9.8%, followed by Cardano, which fell 4.8%.
Source: CryptoSlate.com
The market cap of Tether (USDT) increased to $80.1 billion. Meanwhile, USC Coin (USDC) and Binance USD fell to $32.6 billion and $7.2 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin fell 2.4% to trade at $27,827 as of 07:00 ET. Its market dominance stayed flat at 45.8%.
Over the reporting period, BTC sunk to find support at $27,810 – a muted bounce topped out at $28,300, leading to a gradual downtrend with the approximate previous support zone being respected.
Source: TradingView.com
Ethereum
Over the last 24 hours, Ethereum lost 2.7% to trade at $1,860 as of 07:00 ET. Its market dominance stayed flat at 19.1%.
During the reporting period, Ethereum found support at $1,883. The ensuing recovery peaked at $1,918, setting off a gradual move lower that broke previous support.
Source: TradingView.com
Top 5 Gainers
Steem
STEEM is the day’s biggest gainer growing 44% over the last 24 hours to $0.30993 as of press time. The Steemit Engagement Challenge is live. Its market cap stood at $133.57 million.
Ontology
ONT grew 25.4% to $0.31087 during the reporting period. Lunar Crush reports Ontology as a top 5 coin for social activity on April 6. Its market cap stood at $272.09 million.
LUKSO
LYXe rose 12.7% to $9.68866 over the last 24 hours. Its Genesis Validator Deposit Smart Contract will go live on Ethereum soon. Its market cap stood at $149.94 million.
Civic
CVC gained 10.9% to trade at $0.12386 at the time of writing. The project is promoting its Civic Pass tool, which controls smart contract access. Its market cap stood at $123.86 million.
Klaytn
KLAY is up 4.7% to $0.24441 as of press time. The project opened its Governance Council member vote today. Its market cap stood at $753.57 million.
Top 5 Losers
ICON
ICX is the day’s biggest loser, falling 18.2% to trade at $0.35401 at the time of writing. Despite today’s drawdown, the token is up 71.1% over the past month. Its market cap stood at $337.6 million.
FLEX
FLEX is down 14.9% to $1.78451 as of press time. The OPNX exchange opened, trading low double-digit volume. Its Twitter account was also suspended. Its market cap stood at $176.07 million.
0x
ZRX dropped by 13.9% to trade at $0.29738. Its market cap stood at $252.03 million.
Solar
SXP decreased by 12.2% to $0.70722. Its market stood at $396.23 million.
PlayDapp
PLA declined 12% to $0.23784 over the reporting period. The coin was a top gainer yesterday. Its market cap stood at $127.93 million.
The post CryptoSlate wMarket Update: Dogecoin plunges below $0.09 on a tumultuous red day appeared first on CryptoSlate.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.