CryptoSlate wMarket Update: Continued decline sees crypto market cap sink to $1.16T
Crypto News

CryptoSlate wMarket Update: Continued decline sees crypto market cap sink to $1.16T

4m
1 year ago

Since the last wMarket report on Friday, the cryptocurrency market cap saw net outflows of $27.4 billion and currently stands at $1.16 trillion — down 2.3% from $1.18 trillion. Since last Friday, Bitcoin and Ethereum’s’ market caps fell 2.1% and 3.6% to $530.74 billio...

CryptoSlate wMarket Update: Continued decline sees crypto market cap sink to $1.16T

Índice

Since the last wMarket report on Friday, the cryptocurrency market cap saw net outflows of $27.4 billion and currently stands at $1.16 trillion — down 2.3% from $1.18 trillion.

Since last Friday, Bitcoin and Ethereum’s’ market caps fell 2.1% and 3.6% to $530.74 billion and $222.12 billion, respectively.

Over the last 24 hours, the top 10 cryptocurrencies posted losses except for Litecoin, which bucked the broader market trend — recording 0.7% gains. Meanwhile, Polygon leads the losses, down 3.1% over the period.

Source: CryptoSlate.com

The market cap of Tether (USDT) grew to $81.45 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.78 billion and $6.44 billion, respectively.

Bitcoin

In the last 24 hours, Bitcoin fell 0.4% to trade at $27,424 as of 07:00 ET. Its market dominance grew to 45.8% from 45.7%.

Since last Friday, Bitcoin traded relatively flat until a spike higher topped out at $28,000 on Sunday evening (ET). This was followed by a sharp drop that found support at $27,180.

Source: TradingView.com

Ethereum

Over the last 24 hours, Ethereum fell 1.2% to trade at $1,845 as of 07:00 ET. Its market dominance fell to 19.2% from 19.4%.

Since last Friday, Ethereum has followed a similar pattern to Bitcoin. The Sunday evening (ET) spike peaked at $1,890 before trending downwards to form a local bottom at $1,830.

Source: TradingView.com

Top 5 Gainers

Bone ShibaSwap

BONE is the day’s biggest gainer growing 11.6% over the last 24 hours to $1.09999 as of press time. OKX will list the token on April 25. Its market cap stood at $252.91 million.

Bitgert

BRISE grew 9.7% over the last 24 hours to $0.000000439553 as of press time. DWF Labs, a market maker and investment firm, now supports Bitgert. Its market cap stood at $174.29 million.

Kaspa

KAS gained 7.7% to trade at $0.02557 at the time of writing. The token will be listed on the Bitget exchange on April 29. Its market cap stood at $463.27 million.

ssv.network

SSV rose 6.8% to $27.4667 over the last 24 hours. The project will host a developer call on April 27. Its market cap stood at $274.67 million.

Bitget Token

BGB is up 4.3% to $0.38738 as of press time. The project is hosting a Twitter space featuring industry experts on April 25. Its market cap stood at $542.34 million.

Top 5 Losers

TemDAO

TEM is the day’s biggest loser, falling 24.9% to trade at $0.00795 at the time of writing. The token is down 93% over the past month. Its market cap stood at $215.58 million.

Celer Network

CELR declined 15.4% to $0.02403 over the reporting period. The cBridge now supports iZi and iUSD tokens. Its market cap stood at $170.29 million.

WOO Network

WOO declined 12% to $0.24793 over the reporting period. Its market cap stood at $417.86 million.

Injective

INJ dropped 10.1% to trade at $6.57468. Despite today’s sell-off, the token still grew 63% over the past 30 days. Its market cap stood at $526.01 million.

Polymesh

POLYX dropped 7.6% to trade at $0.20454. The token was a top-five gainer last Friday after Binance announced node network support. Its market cap stood at $127.32 million.
0 people liked this article

Related Articles

Crypto News
Understanding Bitcoin and Satoshi: How Holacity is Revolutionizing the Future of Cryptocurrency
Discover the revolutionary potential of Bitcoin and Satoshi with Holacity - the innovative virtual metaverse world that showcases the future of cryptocurrency.
1 year ago
1m
Crypto News
Enjin Coin Price Prediction 2023-2032: Can ENJ Price reach $10?
Enjin Coin Price Prediction 2023-2032 Enjin Coin Price Prediction 2023 – up to $0.59 Enjin Coin Price Prediction 2026 – up to $1.89 Enjin Coin Price Prediction 2029 – up to $5.94 ...
1 year ago
19m
Crypto News
Inside Mattel’s NFT Marketplace – A Dream World of Collectibles
Mattel, the iconic toy giant, has entered the NFT market with its virtual marketplace, Mattel Creations, offering limited edition NFTs of popular brands like Barbie, Hot Wheels, and Masters of the ...
1 year ago
2m
Crypto News
Arbitrum Price Analysis 24/04: Bearish Momentum in ARB Tempts Traders to Short or Delay Positions
Bearish momentum in ARB market tempts investors to consider shorting or postponing buying positions until a potential trend reversal occurs.
1 year ago
1m
Crypto News
China and Singapore Join Forces for Green Financing, as Chinese City Adopts Digital Yuan Salaries
According to recent reports, civil employees in Changshu, a city in China, will receive their full salaries in digital yuan starting in May 2023. Financial authorities in the city issued a notice s...
1 year ago
3m
Announcements
Potential of NFT Moon Metaverse
Potential of NFT Moon Metaverse
1 year ago
2m