Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
The cryptocurrency market saw net inflows of $6.3 billion and currently stands at $1.17 trillion — up 0.5% from $1.16 trillion.
During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) grew 0.2% and 0.3% to $541.27 billion and $229.37 billion, respectively.
Over the last 24 hours, the top 10 cryptocurrencies posted a mixed performance. XRP leads the list, up 4.7%, while Polygon recorded the most significant drawdown, losing 1.5%.
Source: CryptoSlate.com
Tether’s market cap (USDT) grew to $83.18 billion. In contrast, USD Coin (USDC) fell to $29.02 billion, while Binance USD (BUSD) stayed flat at $5.28 billion.
Bitcoin
Bitcoin increased by 0.2% to trade at $27,917 as of 07:00 ET. Its market dominance fell to 46.5% from 46.6%.
Over the last 24 hours, BTC sold off, finding support at $27,530 by Monday lunchtime. A gradual uptrend followed to peak at $28,035 just before 07:00 this morning.
Source: TradingView.com
Ethereum
In the last 24 hours, Ethereum gained 0.3% to trade at $1,907 as of 07:00 ET. Its market dominance stayed flat at 19.7%.
During the reporting period, ETH followed a similar pattern to BTC, finding support at $1,874 before increasing to top out at $1,916 just before 07:00.
Source: TradingView.com
Top 5 Gainers
Everscale
EVER is the day’s biggest gainer, growing 52.9% over the last 24 hours to $0.06887 as of press time. The project has partnered with AI networking firm Crypto Match. Its market cap stood at $123.52 million.
Global Currency Reserve
GCR jumped 48.6% to $1.69682 over the last 24 hours. The project announced its launch on BNB Smart Chain and Aptos. Its market cap stood at $181.6 million.
Escroco Emerald
ESCE gained 30.9% to trade at $0.16381 at the time of writing. The token is up 94.8% over the last seven days. Its market cap stood at $163.81 million.
ARAW
ARAW grew 27.2% over the last 24 hours to $0.08283 as of press time. It has a market cap of $165.12 million.
FantasyGold
FGC rose 25.2% to $9.45671 as of press time. The token grew by 1,303% over the past seven days. Its market cap stood at $1.32 billion.
Top 5 Losers
Open Campus
EDU is the day’s biggest loser, falling 14.1% to $1.21913 at the time of press. The project recently hosted a Twitter Spaces event, which may not have met market expectations, contributing to the decline in value. Its market cap stood at $202.62 million.
TomoChain
TOMO fell 9.5% to $1.48121 over the reporting period. Multichain DeFi project GemPad said it had integrated TomoChain. Its market cap stood at $149.74 million.
Optimism
OP lost 6.5% to trade at $1.52831. The token fell 28.5% over the last 30 days. Its market cap stood at $512.56 million.
Bone ShibaSwap
BONE sunk 6.4% to $0.83417 as of press time. Its market cap stood at $191.79 million.
Pepe
PEPE fell 5.6% to trade at $0.00000138 as of press time. Its market cap stood at $538.55 million.
The post XRP leads flat market with 5% gains: CryptoSlate wMarket Update 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.