Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Since the last wMarket report, the cryptocurrency market cap saw net outflows of $18.7 billion and currently stands at $1.27 trillion — down 1.5% from $1.29 trillion.
Over the weekend, Bitcoin and Ethereum’s market cap fell 3% and 1.7% to $578.47 billion and $249.99 billion, respectively.
Over the last 24 hours, the top 10 cryptocurrencies recorded a mixed performance. Solana posted the biggest gains at 4.7%, closely followed by Dogecoin, up 4.6%. Meanwhile, Cardano brings up the rear, losing 2% over the reporting period.
Source: CryptoSlate.com
The market cap of Tether (USDT) increased to $80.95 billion. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) market caps fell to $31.8 billion and $6.7 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin fell 1.3% to trade at $29,872 as of 07:00 ET. Its market dominance fell to 45.7% from 46.4%.
Since Friday, Bitcoin traded flat before breaking out to peak at $30,560 on Sunday early evening (ET). A second rejection at this price led to a sharp spill that found support at $29,760.
Source: TradingView.com
Ethereum
Over the last 24 hours, Ethereum grew 0.1% to trade at $2,089 as of 07:00 ET. Its market dominance fell to 19.7% from 19.8%.
Since the last market report, ETH began moving gradually down. But the downtrend broke at approximately noon (ET) on Sunday, topping out at $2,150. Over the following hours, bears took control, dipping the price as low as $2,075.
Source: TradingView.com
Top 5 Gainers
Audius
AUDIO is the day’s biggest gainer growing 17.9% over the last 24 hours to $0.39371 as of press time. The project posted its latest Behind the Beats Podcast episode today. Its market cap stood at $392.66 million.
LUKSO
LYXe gained 15.3% to trade at $14.0756 at the time of writing. LUKSO co-founder Fabian Vogelsteller was featured in a recent Podcast discussing project developments. Its market cap stood at $217.83 million.
Celer Network
CELR rose 12.9% to $0.02692 over the last 24 hours. The project announced expanding its cBridge cross-chain facility to include Nexon Finance. Its market cap stood at $190.71 million.
Render Token
RNDR is up 12.1% to $1.92530 as of press time. The project was at the NFTNYC2023 meetup. Its market cap stood at $700.64 million.
Radix
XRD grew 10.1% to $0.08491 during the reporting period. The project announced its attendance at Consensus 2023, Austin, Texas. Its market cap stood at $861.8 million.
Top 5 Losers
TEMDAO
TEM is the day’s biggest loser, falling 17.8% to trade at $0.02202 at the time of writing. The project announced its token would be listed on the BTCEX exchange soon. Its market cap stood at $596.79 million.
Kaspa
KAS is down 16.6% to $0.02723 as of press time. The Kaspa Rust codebase Alpha release is live. Its market cap stood at $489.54 million.
FLEX
FLEX declined 8% to $1.65104 over the reporting period. The OPNX exchange opened its affiliate program recently. Its market cap stood at $162.9 million.
FTX Token
FTT dropped 5.1% to trade at $1.81533. Bankruptcy lawyers recently announced recovering $7.3 billion in lost assets. Its market cap stood at $597.05 million.
Core
CORE decreased by 3.3% to $1.63753. Its market stood at $150.98 million.
The post CryptoSlate wMarket Update: Bitcoin dips below $30,000 as outflows exceed $18B 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.