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In the last 24 hours, the cryptocurrency market cap saw net outflows of $10 billion and currently stands at $1.15 trillion — down 0.8% from $1.16 trillion.
During the period, Bitcoin and Ethereum’s’ market caps fell 0.28% and 1.53% to $529.82 billion and $219.22 billion, respectively.
Meanwhile, most top 10 cryptocurrencies saw losses during the last 24 hours. According to CryptoSlate data, only BNB and Litecoin posted meager gains of 0.08% and 2.25%, respectively.
Source: CryptoSlate
The market cap of Tether (USDT) grew to $81.53 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.72 billion and $6.41 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin fell 0.11% to trade at $27,327 as of 07:00 ET. Its market dominance grew to 46% from 45.8%.
During the reporting period, Bitcoin mostly traded in a range. The flagship digital asset peaked at $27,701 and bottomed at $27,070.
Source: Tradingview
Ethereum
Over the last 24 hours, Ethereum fell 1.42% to trade at $1,816 as of 07:00 ET. Its market dominance fell to 19.0% from 19.2%.
ETH mirrored BTC’s price performance and peaked at $1,874 during the reporting period.
Source: Tradingview
Top 5 Gainers
Floki Inu
FLOKI is the day’s biggest gainer growing 35.87% over the last 24 hours to $0.00004 as of press time. Binance.US listed the meme coin on April 24. Its market cap stood at $380.12 million.
tomiNET
TOMI grew 23.91% over the last 24 hours to $3.35038 as of press time. The privacy token has risen by 22% in the previous 30 days. Its market cap stood at $132.82 million.
Injective
INJ gained 9.14% to trade at $7.17559 at the time of writing. The layer1 network recently celebrated processing over 200 million transactions. Its market cap stood at $574.09 million.
FLEX
FLEX rose 7.06% to $1.13298 over the last 24 hours. The OPNX exchange utility token has enjoyed increased interest with the rising trade volume on the platform. Its market cap stood at $111.79 million.
Braintrust
BTRST is up 6.64% to $0.87080 as of press time. The project recorded a positive first quarter, according to data from Messari. Its market cap stood at $121.19 million.
Top 5 Losers
TemDAO
TEM is the day’s biggest loser for the second consecutive day. The project fell 19.12% to trade at $0.00639 at the time of writing. Its market cap stood at $173.09 million.
PancakeSwap
CAKE declined 15.33% to $2.69305 over the reporting period. The DEX token has been down 30% over the last 30 days. Its market cap stood at $522.13 million.
OMG Network
OMG decreased 10.09% to $1.12002 over the reporting period. Its market cap stood at $157.08 million.
Locus Chain
LOCUS dropped 10.3% to trade at $0.05329. Despite today’s drawdown, the token is up 11% over the past 30 days. Its market cap stood at $110.89 million.
Bitgert
BRIS plunged 6.79% to trade at $0.0000004042. The token has shed part of the gains it made on April 24. Its market cap stood at $160.88 million.
The post CryptoSlate wMarket Update: Bitcoin trades at lowest value in April as market rut continues 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.