Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
The cryptocurrency market saw net outflows of $4.4 billion over the last 24 hours and currently stands at $1.06 trillion — down 0.4% from $1.06 trillion.
During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 0.7% and 0.3% to $503.63 billion and $210.01 billion, respectively.
Over the last 24 hours, the top 10 cryptocurrencies posted a mixed performance. BNB tops the list, recording 5.1% gains to record a local bottom following the SEC-induced sell-off that began on June 5. Meanwhile, yesterday’s top performer, XRP, brings up the rear losing 4.8% in value.
Source: CryptoSlate.com
The Tether (USDT) market cap grew to $83.49 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $28.17 billion and $4.58 billion, respectively.
Bitcoin
Bitcoin lost 0.3% over the last 24 hours to trade at $25,956 as of 07:00 ET. Its market dominance fell to 47.6% from 47.8%.
BTC spiked as high as $26,440 during the period, triggering a sharp rejection that bottomed at $25,720. Price action has been caught in a narrow band between $25,750 and $26,060 since.
Source: TradingView.com
Ethereum
Ethereum lost 0.2% over the last 24 hours to trade at $1,746 as of 07:00 ET. Its market dominance stayed flat at 19.8%.
During the reporting period, ETH followed a similar pattern to BTC, spiking to $1,770, with the ensuing sell-off finding support at $1,725. The second largest cryptocurrency then ranged between $1,728 and $1,751.
Source: TradingView.com
Top 5 Gainers
Decred
DCR is the day’s biggest gainer, growing 20.3% over the last 24 hours to $14.99 as of press time. The v1.8.0 protocol was released, bringing consensus stakeholder voting, among other changes. Its market cap stood at $225.1 million.
Lisk
LSK rose 13.2% over the last 24 hours to $0.79 as of press time. The project will host a mini hackathon in Berlin on July 8. On a separate note, Lisk warned not to click posted links in its Discord following a hack. Its market cap stood at $101.84 million.
SwissBorg
CHSB gained 11.5% to $0.12 as of press time. Its market cap stood at $122.75 million.
FantasyGold
FGC added 10.3% in the last 24 hours to trade at $0.86 at the time of writing. Its market cap stood at $121.14 million.
ARAW
ARAW increased 10.1% to $0.0444 during the last 24 hours. Its market cap stood at $88.51 million.
Top 5 Losers
HEX
HEX is the day’s biggest loser, falling 8.4% to $0.00722 at the time of press. Its market cap stood at $1.25 billion.
Radix
XRD lost 6.6% to trade at $0.05718 as of press time. The token was listed on the Changelly exchange recently. Its market cap stood at $582.7 million.
ABBC Coin
ABBC fell 5.5% to $0.16004 over the reporting period. Its market cap stood at $227.52 million.
XRP
XRP lost 4.8% to $0.50453 as of press time. The token spiked to a 10-week high following the release of the Hinman documents in the ongoing SEC vs. Ripple lawsuit. However, XRP could not hold onto the gains, sinking from 08:00 (ET) onwards. Its market cap stood at $26.23 billion.
Ocean Protocol
OCEAN is down 4.6% in the last 24 hours and was trading for $0.29608 at the time of writing. The project said Volkswagen was using its tech “to monetize driving data fairly.” Its market cap stood at $181.53 million.
The post BNB shows signs of recovery: 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.