Kaspa

Rootstock Infrastructure Framework

WEMIX

<p>The cryptocurrency market cap saw net inflows of $22.6 billion over the last 24 hours and currently stands at $1.20 trillion — up 1.9% from $1.18 trillion.</p>
<p>During the reporting period, Bitcoin (<a href="http://www.cryptoslate.com/coins/bitcoin">BTC</a>) and Ethereum&#8217;s (<a href="http://www.cryptoslate.com/coins/ethereum">ETH</a>) market cap grew 2.2% and 2.4% to $566.16 billion and $230.14 billion, respectively.</p>
<p>All of the top 10 cryptocurrencies recorded gains over the last 24 hours. Solana leads the pack, up 3%. Meanwhile, Litecoin managed to stay in the green, having posted a 0.4% increase in value.</p>
<figure id="attachment_322705" aria-describedby="caption-attachment-322705" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-322705 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-3-1024x640.jpg" alt="Top 10 cryptocurrencies" width="1024" height="640" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-3-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-3-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-3-768x480.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-3.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-322705" class="wp-caption-text">Source: CryptoSlate.com</figcaption></figure>
<p>The market cap of Tether (USDT) grew to $82.01 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.18 billion and $5.99 billion, respectively.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>In the last 24 hours, Bitcoin increased 2.2% to trade at $29,238 as of 07:00 ET. Its market dominance grew to 47.2% from 47%.</p>
<p>During the reporting period, BTC saw a double dip that broke through $28,800 resistance by Wednesday evening (ET). Peaking at $29,270, BTC managed to retain most of the gains, leading to another move higher that topped at $29,380 after 06:00.</p>
<figure id="attachment_322708" aria-describedby="caption-attachment-322708" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-322708 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-04_19-00-55-1-1024x607.png" alt="Bitcoin chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-04_19-00-55-1-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-04_19-00-55-1-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-04_19-00-55-1-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-04_19-00-55-1.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-322708" class="wp-caption-text">Source: TradingView.com</figcaption></figure>
<p>&nbsp;</p>
<h2 id="ethereum">Ethereum</h2>
<p>Over the last 24 hours, Ethereum grew 2.4% to trade at $1,912 as of 07:00 ET. Its market dominance increased to 19.2% from 19.1%.</p>
<p>During the reporting period, ETH tapped the $1,894 resistance level multiple times before breaking through at 18:00 yesterday. The second-largest cryptocurrency was rejected at $1,916, triggering a slight drop into a flat trading pattern — a retest of this level was rejected in the early hours of today.</p>
<figure id="attachment_322710" aria-describedby="caption-attachment-322710" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-322710 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-04_19-00-38-1024x607.png" alt="Ethereum chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-04_19-00-38-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-04_19-00-38-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-04_19-00-38-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-04_19-00-38.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-322710" class="wp-caption-text">Source: TradingView.com</figcaption></figure>
<h2 id="top-5-gainers">Top 5 Gainers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-hex-hex-a"><a href="https://cryptoslate.com/coins/hex/">HEX</a></h3>
<p>HEX is the day&#8217;s biggest gainer, growing 17.1% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.06652</span> <span class="holepunch holepunch-coin_price_usd">as of press time. The PulseChain main net is expected to launch soon. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">11.54</span> billion.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-wootrade-woo-network-a"><a href="https://cryptoslate.com/coins/wootrade/">WOO Network</a></h3>
<p>WOO grew 12.6% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.29400</span> as of press time. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">493.51</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-radicle-radicle-a"><a href="https://cryptoslate.com/coins/radicle/">Radicle</a></h3>
<p>RAD gained 12.1% to trade at $<span class="holepunch holepunch-coin_price_usd">3.95273</span> at<span class="holepunch holepunch-coin_price_usd"> the time of writing. The project is working on its Heartwood upgrade. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">196.96</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-kaspa-kaspa-a"><a href="https://cryptoslate.com/coins/kaspa/">Kaspa</a></h3>
<p>KAS gained 10.9% to $<span class="holepunch holepunch-coin_price_usd">0.02899</span> over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. The project recently hosted a workshop on the Kaspa protocol. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">531.12</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-conflux-network-conflux-network-a"><a href="https://cryptoslate.com/coins/conflux-network/">Conflux Network</a></h3>
<p>CFX rose 8.5% to $<span class="holepunch holepunch-coin_price_usd">0.33264</span> as of press time. The network&#8217;s first DEX, vSwap, launched this month. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">927.55</span> million.</p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-sui-sui-a"><a href="https://cryptoslate.com/coins/sui/">Sui</a></h3>
<p>SUI is the day&#8217;s biggest loser, falling 69.6% to trade at $<span class="holepunch holepunch-coin_price_usd">1.37294</span> <span class="holepunch holepunch-coin_price_usd">at the time of writing. The Sui main net launched on May 3.</span> I<span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">725.29</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-uma-rsk-infrastructure-framework-a"><a href="https://cryptoslate.com/coins/uma/">RSK Infrastructure Framework</a></h3>
<p>RIF dropped 10.7% to trade at $<span class="holepunch holepunch-coin_price_usd">0.14322</span><span class="holepunch holepunch-coin_price_usd">. The project launched its DeFi use case by region report today. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">137.5</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-core-core-a"><a href="https://cryptoslate.com/coins/core/">Core</a></h3>
<p>CORE fell 9% to $<span class="holepunch holepunch-coin_price_usd">1.33332</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. The project hosted its Discord and Telegram AMA yesterday. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">149.28</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-radix-protocol-radix-a"><a href="https://cryptoslate.com/coins/radix-protocol/">Radix</a></h3>
<p>XRD fell 6.1% to $<span class="holepunch holepunch-coin_price_usd">0.08552</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. Despite today&#8217;s sell-off, the token is still up 79.6% over the past month. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">869.08</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-wemix-wemix-a"><a href="https://cryptoslate.com/coins/wemix/">WEMIX</a></h3>
<p>WEMIX plunged 4.9% to trade at $<span class="holepunch holepunch-coin_price_usd">1.06573</span> <span class="holepunch holepunch-coin_price_usd">as of press time</span><span class="tw-text-gray-900 dark:tw-text-white tw-text-3xl"><span class="no-wrap" data-price-btc="0.0000000000160760720046888" data-coin-id="17388" data-coin-symbol="brise" data-target="price.price" data-price-previous="4.395526198711534e-7">.</span></span><span class="holepunch holepunch-coin_price_usd"> Its</span><span class="holepunch holepunch-coin_price_usd"> market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">266.31</span> million.</span></p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-crypto-market-recovers-this-weeks-losses/">CryptoSlate wMarket Update: Crypto market recovers this week&#8217;s losses</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CryptoSlate wMarket Update: Crypto market recovers this week’s losses

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