Terra Classic

iExec RLC

Bitcoin

Nervos Network

WEMIX

<p>In the last 24 hours, the cryptocurrency market cap saw net outflows of around $1 billion and currently stands at $1.14 trillion — down 0.06%.</p>
<p>During the 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 rose 0.19% and 0.47% to $535.5 billion and $222.16 billion, respectively.</p>
<p>Tron was the biggest gainer among the top 10 assets. Others like Bitcoin, Ethereum, and XRP posted minor gains of less than 1%.</p>
<p>Meanwhile, Polygon and Cardano fell by more than 2%, respectively.</p>
<p><img class="size-full wp-image-324029" style="font-weight: bold; color: #333333;" src="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-70.jpg" alt="CryptoSlate wMarket update" width="1200" height="750" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-70.jpg 1200w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-70-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-70-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-70-768x480.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></p>
<p>Source: CryptoSlateThe market cap of Tether (USDT) grew to $82.52 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.16 billion and $5.79 billion, respectively.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>In the last 24 hours, Bitcoin rose 0.1% to trade at $27,611 as of 07:00 ET. Its market dominance remained rose to 47% from 46.9%.</p>
<p>During the reporting period, BTC continued to trade above $27,500 in anticipation of April&#8217;s U.S. Consumer Price Index numbers. Blockchain analytical firm Kaiko has highlighted how the U.S. banking crisis has continued to impact BTC&#8217;s liquidity across exchanges.</p>
<p><img class="size-full wp-image-324028" style="font-weight: bold; color: #333333;" src="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-10_19-00-05.png" alt="CryptoSlate wMarket update" width="1477" height="875" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-10_19-00-05.png 1477w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-10_19-00-05-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-10_19-00-05-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-10_19-00-05-768x455.png 768w" sizes="(max-width: 1477px) 100vw, 1477px" /></p>
<p>Source: Tradingview</p>
<h2 id="ethereum">Ethereum</h2>
<p>Over the last 24 hours, Ethereum saw a marginal gain of 0.27% to trade at $1,844 as of 07:00 ET. Its market dominance rose to 19.5% from 19.4%.</p>
<p>ETH mirrored BTC price performance, peaking at $1860 during the reporting period. Earlier in the week, ETH whales like Ethereum Foundation and Vitalik Buterin dumped some of their holdings.</p>
<figure id="attachment_324027" aria-describedby="caption-attachment-324027" style="width: 1477px" class="wp-caption aligncenter"><img class="size-full wp-image-324027" src="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-10_19-00-27.png" alt="CryptoSlate wMarket update" width="1477" height="875" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-10_19-00-27.png 1477w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-10_19-00-27-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-10_19-00-27-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-10_19-00-27-768x455.png 768w" sizes="(max-width: 1477px) 100vw, 1477px" /><figcaption id="caption-attachment-324027" class="wp-caption-text">Source: Tradingview</figcaption></figure>
<h2 id="top-5-gainers">Top 5 Gainers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-kava-span-style-color-383838-kava-span-a"><a href="https://cryptoslate.com/coins/kava/"><span style="color: #383838;">KAVA</span></a></h3>
<p><span style="color: #383838; font-size: 16px;">KAVA is the day&#8217;s biggest gainer, growing 11.26% over the last 24 hours to $$<span class="holepunch holepunch-coin_price_usd">0.85866 </span></span><span class="holepunch holepunch-coin_price_usd" style="color: #383838; font-size: 16px;">as of press time. The token is up 12% in the previous seven days. Its market cap stood at $440.47 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-terrausd-terrausd-a"><a href="https://cryptoslate.com/coins/terrausd/">TerraUSD</a></h3>
<p>UST rose 9.72% to $<span class="holepunch holepunch-coin_price_usd">0.01643 </span>as of press time. The failed stablecoin is down 22% over the last 30 days. Its market cap stood at $160.93 million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-terra-classic-terra-classic-a"><a href="https://cryptoslate.com/coins/terra-classic/">Terra Classic</a></h3>
<p>LUNC grew 7.07% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.00009 </span>as of press time. Its market cap stood at $530.06 million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-lukso-lukso-a"><a href="https://cryptoslate.com/coins/lukso/">LUKSO</a></h3>
<p>LYXe gained 6.77% to trade at $<span class="holepunch holepunch-coin_price_usd">13.8010 </span>at<span class="holepunch holepunch-coin_price_usd"> the time of writing. The NFT-related token has risen by 23% over the past month. Its market cap stood at $214.96 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-nervos-network-nervos-network-a"><a href="https://cryptoslate.com/coins/nervos-network/">Nervos Network</a></h3>
<p>CKB gained 5.09% to $<span class="holepunch holepunch-coin_price_usd">0.00330 </span>over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. Its market cap stood at $134.07 million.</span></p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-jasmycoin-jasmycoin-a"><a href="https://cryptoslate.com/coins/jasmycoin/">JasmyCoin</a></h3>
<p>JASMY is the day&#8217;s biggest loser, falling 19.46% to trade at $<span class="holepunch holepunch-coin_price_usd">0.00540 </span><span class="holepunch holepunch-coin_price_usd">at the time of writing. </span>I<span class="holepunch holepunch-coin_price_usd">ts market cap stood at $257 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-uma-uma-a"><a href="https://cryptoslate.com/coins/uma/">UMA </a></h3>
<p>UMA dropped 8.9% to trade at $<span class="holepunch holepunch-coin_price_usd">2.64796</span><span class="holepunch holepunch-coin_price_usd">. Despite today&#8217;s drawdown, the token has increased more than 25% over the past month. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $188.6 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-iexec-rlc-iexec-rlc-a"><a href="https://cryptoslate.com/coins/iexec-rlc/">iExec RLC</a></h3>
<p>RLC plunged 8.5% to trade at $<span class="holepunch holepunch-coin_price_usd">1.48853</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">The AI-related token is experiencing a sell-off, down 14% in the last 30 days. Its m</span><span class="holepunch holepunch-coin_price_usd">arket cap stood at $120.57 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-stacks-stacks-a"><a href="https://cryptoslate.com/coins/stacks/">Stacks</a></h3>
<p>STX lost 7.7% to $0.90 <span class="holepunch holepunch-coin_price_usd">over the reporting period. The BTC layer2 network has shed over 30% in the last 30 days. I</span>ts market cap stood at $891.36 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 fell 7.69% to $<span class="holepunch holepunch-coin_price_usd">0.81664 </span><span class="holepunch holepunch-coin_price_usd">over the reporting period. I</span>ts market cap stood at $204.49 million.</p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-bitcoin-trades-flat-in-mute-market-performance/">CryptoSlate wMarket Update: Bitcoin trades flat in mute market performance</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CryptoSlate wMarket Update: Bitcoin trades flat in mute market performance

Table of Contents

CryptoSlate

Other articles published on May 10, 2023

Announcing Got Bit - Incubation Partner with GPT Guru | AI To Earn 🚀⚡

War of words: OKX Takes a Subtle Jab at Coinbase in New ad Campaign

Tether attestation shows $1.5B worth of Bitcoin in reserves

WEMIX BURN Program Initiates

2023 NFT Market Analysis ($1K: Share to Win)

Icahn Enterprises Under Federal Investigation After Hindenburg’s Report

Join our free newsletter for daily crypto updates!