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<p>Since the last <a href="https://cryptoslate.com/cryptoslate-wmarket-update-bitcoin-dumps-below-27000-amid-marketwide-rout/">wMarket report</a> on May 12, the cryptocurrency market cap saw net inflows of $39.2 billion and currently stands at $1.14 trillion — up 3.6% from $1.10 trillion.</p>
<p>Over the weekend, the Bitcoin (<a href="http://www.cryptoslate.com/coins/bitcoin">BTC</a>) and Ethereum (<a href="http://www.cryptoslate.com/coins/ethereum">ETH</a>) market caps grew 4% and 4.9% to $531.54 billion and $224.96 billion, respectively.</p>
<p>The 24-hour performance of the top 10 crypto assets recorded gains across the board. Bitcoin leads the pack, up 2.2%, followed by Polygon, which gained 2.1%. Bringing up the rear is XRP, managing to stay in the green, having recorded 0.2% gains over the reporting period.</p>
<figure id="attachment_325113" aria-describedby="caption-attachment-325113" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-325113 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-4-1024x640.jpg" alt="Top 10 cryptocurrencies" width="1024" height="640" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-4-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-4-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-4-768x480.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-4.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-325113" class="wp-caption-text">Source: CryptoSlate.com</figcaption></figure>
<p>The market cap of Tether (USDT) grew to $82.83 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.95 billion and $5.62 billion, respectively.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>In the last 24 hours, Bitcoin grew 2.2% to trade at $27,410 as of 07:00 ET. Its market dominance remained increased to 46.5% from 46.3%.</p>
<p>Over the weekend, BTC traded flat until midday Sunday (ET), when bulls took the price as high as $27,200. Upside momentum was reasserted by 21:00, setting off a new uptrend that peaked at $27,550 in the early hours of today.</p>
<figure id="attachment_325116" aria-describedby="caption-attachment-325116" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-325116 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-15_19-00-02-1024x607.png" alt="Bitcoin chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-15_19-00-02-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-15_19-00-02-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-15_19-00-02-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-15_19-00-02.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-325116" class="wp-caption-text">Source: TradingView.com</figcaption></figure>
<h2 id="ethereum">Ethereum</h2>
<p>Over the last 24 hours, Ethereum grew 1.5% to trade at $1,830 as of 07:00 ET. Its market dominance rose to 19.7% from 19.4%.</p>
<p>During the weekend, ETH&#8217;s price followed BTC, reaching a $1,823 top by midday Sunday (ET) before bullish momentum took the price to a new local top of $1,836. This price was later retested in the early hours of today.</p>
<figure id="attachment_325120" aria-describedby="caption-attachment-325120" style="width: 1024px" class="wp-caption alignnone"><img class="wp-image-325120 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-15_19-00-30-1024x607.png" alt="Ethereum chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-15_19-00-30-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-15_19-00-30-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-15_19-00-30-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-15_19-00-30.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-325120" 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-open-campus-open-campus-a"><a href="https://cryptoslate.com/coins/open-campus/">Open Campus</a></h3>
<p>EDU is the day&#8217;s biggest gainer, growing 15.9% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">1.30574</span> <span class="holepunch holepunch-coin_price_usd">as of press time. The project recently announced the onboarding of Dalton Learning Lab to its ecosystem. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">189.49</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 13.9% to $<span class="holepunch holepunch-coin_price_usd">0.28751</span> as of press time. Flux Fire &#8211; a Conflux incubated project &#8211; is set to launch. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">827.71</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-alchemy-pay-alchemy-pay-a"><a href="https://cryptoslate.com/coins/alchemy-pay/">Alchemy Pay</a></h3>
<p>ACH jumped 12.3% to $<span class="holepunch holepunch-coin_price_usd">0.02482</span> over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. Alchemy Pay&#8217;s &#8220;Ad Hunt&#8221; event kicks off today, ending on May 21. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">154.43</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-joe-joe-a"><a href="https://cryptoslate.com/coins/joe/">JOE</a></h3>
<p>JOE grew 12.2% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.35831</span> as of press time. The token fell 46.3% over the past month. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">120.55</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-ankr-network-ankr-a"><a href="https://cryptoslate.com/coins/ankr-network/">Ankr</a></h3>
<p>ANKR gained 11.8% to trade at $<span class="holepunch holepunch-coin_price_usd">0.02826</span> at<span class="holepunch holepunch-coin_price_usd"> the time of writing. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">282.62</span> million.</span></p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-pepe-pepe-a"><a href="https://cryptoslate.com/coins/pepe/">Pepe</a></h3>
<p>PEPE is the day&#8217;s biggest loser falling 6.3% to <span class="tw-text-gray-900 dark:tw-text-white tw-text-3xl"><span class="no-wrap" data-price-btc="6.255440179158485e-11" data-coin-id="29850" data-coin-symbol="pepe" data-target="price.price" data-price-previous="0.000001713997552628024">$0.00000171</span></span> <span class="holepunch holepunch-coin_price_usd">at the time of writing. The meme coin has been on a seven-day downtrend, leading some to believe the token has peaked. Its </span><span class="holepunch holepunch-coin_price_usd">market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">668.75</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-klaytn-klaytn-a"><a href="https://cryptoslate.com/coins/klaytn/">Klaytn</a></h3>
<p>KLAY dropped 5.9% to trade at $<span class="holepunch holepunch-coin_price_usd">0.17392</span><span class="holepunch holepunch-coin_price_usd">. The project recently announced its Klaytn Square on-chain governance feature. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">537.97</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-huobi-token-huobi-token-a"><a href="https://cryptoslate.com/coins/huobi-token/">Huobi Token</a></h3>
<p>HT plunged 3.9% to trade at $<span class="holepunch holepunch-coin_price_usd">2.87217</span> <span class="holepunch holepunch-coin_price_usd">as </span><span class="holepunch holepunch-coin_price_usd">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 m</span><span class="holepunch holepunch-coin_price_usd">arket cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">465.96</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-tominet-tominet-a"><a href="https://cryptoslate.com/coins/tominet/">tomiNET</a></h3>
<p>TOMI lost 3.5% to $<span class="holepunch holepunch-coin_price_usd">3.52265</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. The token was recently listed on Bybit. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">139.65</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-gensokishi-metaverse-gensokishi-metaverse-a"><a href="https://cryptoslate.com/coins/gensokishi-metaverse/">GensoKishi Metaverse</a></h3>
<p>MV fell 2.7% to $<span class="holepunch holepunch-coin_price_usd">0.12059</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. The BNB Chain bridge is now open. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">206.13</span> million.</p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-weekend-recovery-sees-bitcoin-recapture-27000/">CryptoSlate wMarket Update: Weekend recovery sees Bitcoin recapture $27,000</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CryptoSlate wMarket Update: Weekend recovery sees Bitcoin recapture $27,000

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