Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Since last Friday’s wMarket report, the cryptocurrency market saw net outflows of $17 billion and currently stands at $1.13 trillion — down 1.54%.
Over the last 24 hours, all top 10 cryptocurrencies by market capitalization recorded losses, except XRP, which gained 1.28%.
Litecoin and BNB led the losers, shedding 3.65% and 2.2%, respectively.
The market cap of Tether (USDT) remained flat at $83.16 billion, while that of USD Coin (USDC) and Binance USD (BUSD) fell to $28.89 billion and $5.28 billion, respectively.
Bitcoin fell by 1.74%, trading at $26,744 as of 07:00 ET. Its market dominance dropped to 45.8%.
BTC mostly traded above $27,000 during the weekend, peaking at $27,740 on Sunday. However, the flagship digital asset has trended down to $26,744 during the early trading hours of today.
Over the last 24 hours, Ethereum shed 1.99% to trade at $1,867 as of 07:00 ET. Its market dominance rose to 19.8% from 19.7%.
Over the weekend, ETH mirrored BTC’s price performance, peaking at $1915 on Sunday. The asset fell to its current level during the early trading hours.
Top 5 Gainers
FLEX is the day’s biggest gainer, growing 20.77% over the last 24 hours to $1.37866 as of press time. The project has enjoyed some upside since OPNX launched a new 0X governance token. Its market cap stood at $136.03 million.
MULTI soared 15.31% to $4.42277 over the last 24 hours. Some of the cross-chain bridge routers resumed operations after weeks of inaction. Its market cap stood at $64.31 million.
TOMI gained 12.68% to trade at $5.41112 at the time of writing. The token is up 71% over the past month. Its market cap stood at $214.51 million.
LUNC grew 8.04% over the last 24 hours to $0.00010 as of press time. The project’s community is about to begin voting on the v2.1.0 upgrade proposal. It has a market cap of $568.02 million.
SAND rose 5.55% to $0.60763 as of press time. News of the potential unveiling of Apple’s extended reality (XR) headset has pushed several metaverse tokens higher. Its market cap stood at $1.13 billion.
Top 5 Losers
CORE is the day’s biggest loser, falling 15.19% to $1.11843 at the time of press. Despite today’s drawdown, the token is up 28% over the past week. Its market cap stood at $139.37 million.
ABBC fell 9.77% to $0.18803 over the reporting period. The project recently warned its community members to be wary of scammers posing as its Foundations members. Its market cap stood at $267.32 million.
PEPE lost 8.2% to trade at $0.000001169. The high-flying meme coin is 62% below its all-time high of $0.000004354. Its market cap stood at $462.18 million.
JST sunk 7.98% to $0.02421 as of press time. According to its Foundation, the Tron-based DeFi project recorded increased transactions over the last seven days. Its market cap stood at $215.49 million.
OCEAN fell 7.53% to trade at $0.38543 at the time of writing. The filesharing token has been up 10% over the last seven days. Its market cap stood at $236.3 million.
The post Bitcoin dips below $27k in red market: CryptoSlate wMarket Update appeared first on CryptoSlate.
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.