Bitcoin

Celer Network

Bone ShibaSwap

Bitget Token

<p>Since the last <a href="https://cryptoslate.com/cryptoslate-wmarket-update-another-red-day-sees-bitcoin-lose-28000/">wMarket report</a> 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.</p>
<p>Since last Friday, Bitcoin and Ethereum&#8217;s&#8217; market caps fell 2.1% and 3.6% to $530.74 billion and $222.12 billion, respectively.</p>
<p>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.</p>
<figure id="attachment_319874" aria-describedby="caption-attachment-319874" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-319874 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-10-1024x640.jpg" alt="Top 10 cryptocurrencies" width="1024" height="640" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-10-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-10-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-10-768x480.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-10.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-319874" class="wp-caption-text">Source: CryptoSlate.com</figcaption></figure>
<p>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.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>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%.</p>
<p>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.</p>
<figure id="attachment_319875" aria-describedby="caption-attachment-319875" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-319875 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-24_19-00-03-1024x607.png" alt="Bitcoin chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-24_19-00-03-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-24_19-00-03-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-24_19-00-03-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-24_19-00-03.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-319875" class="wp-caption-text">Source: TradingView.com</figcaption></figure>
<h2 id="ethereum">Ethereum</h2>
<p>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%.</p>
<p>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.</p>
<figure id="attachment_319877" aria-describedby="caption-attachment-319877" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-319877 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-24_19-00-31-1024x607.png" alt="Ethereum chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-24_19-00-31-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-24_19-00-31-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-24_19-00-31-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-24_19-00-31.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-319877" 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-locus-chain-bone-shibaswap-a"><a href="https://cryptoslate.com/coins/locus-chain/">Bone ShibaSwap</a></h3>
<p>BONE is the day&#8217;s biggest gainer growing 11.6% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">1.09999 as of press time. OKX will list the token on April 25. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">252.91</span> million. </span></p>
<h3 id="a-href-https-cryptoslate-com-coins-bitgert-bitgert-a"><a href="https://cryptoslate.com/coins/bitgert/">Bitgert</a></h3>
<p>BRISE grew 9.7% over the last 24 hours to $<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">0.000000439553</span></span> as of press time. DWF Labs, a market maker and investment firm, now supports Bitgert. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">174.29</span> million.</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 7.7% to trade at $<span class="holepunch holepunch-coin_price_usd">0.02557</span> at<span class="holepunch holepunch-coin_price_usd"> the time of writing. The token will be listed on the Bitget exchange on April 29. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">463.27</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-ssv-network-ssv-network-a"><a href="https://cryptoslate.com/coins/ssv-network/">ssv.network</a></h3>
<p>SSV rose 6.8% to $<span class="holepunch holepunch-coin_price_usd">27.4667</span> over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. The project will host a developer call on April 27. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">274.67</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-bitget-token-bitget-token-a"><a href="https://cryptoslate.com/coins/bitget-token/">Bitget Token</a></h3>
<p>BGB is up 4.3% to $<span class="holepunch holepunch-coin_price_usd">0.38738</span> as of press time. The project is hosting a Twitter space featuring industry experts on April 25. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">542.34</span> million.</p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-temdao-temdao-a"><a href="https://cryptoslate.com/coins/temdao/">TemDAO</a></h3>
<p>TEM is the day&#8217;s biggest loser, falling 24.9% to trade at $<span class="holepunch holepunch-coin_price_usd">0.00795</span> <span class="holepunch holepunch-coin_price_usd">at the time of writing. The token is down 93% over the past month. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">215.58</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-celer-network-celer-network-a"><a href="https://cryptoslate.com/coins/celer-network/">Celer Network</a></h3>
<p>CELR declined 15.4% to $<span class="holepunch holepunch-coin_price_usd">0.02403</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. The cBridge now supports iZi and iUSD tokens. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">170.29</span> million.</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 declined 12% to $<span class="holepunch holepunch-coin_price_usd">0.24793</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">417.86</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-injective-injective-a"><a href="https://cryptoslate.com/coins/injective/">Injective</a></h3>
<p>INJ dropped 10.1% to trade at $<span class="holepunch holepunch-coin_price_usd">6.57468</span><span class="holepunch holepunch-coin_price_usd">. Despite today&#8217;s sell-off, the token still grew 63% over the past 30 days. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">526.01</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-polymesh-polymesh-a"><a href="https://cryptoslate.com/coins/polymesh/">Polymesh</a></h3>
<p>POLYX dropped 7.6% to trade at $<span class="holepunch holepunch-coin_price_usd">0.20454</span><span class="holepunch holepunch-coin_price_usd">. The token was a top-five gainer last Friday after Binance announced node network support. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">127.32</span> million.</span></p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-continued-decline-sees-crypto-market-cap-sink-to-1-16t/">CryptoSlate wMarket Update: Continued decline sees crypto market cap sink to $1.16T</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

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

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