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Decentralized Social

<p>Over the last 24 hours, the cryptocurrency market cap saw net outflows of $29.6 billion and currently stands at $1.18 trillion — down 2.4% from $1.22 trillion.</p>
<p>During the reporting period, Bitcoin and Ethereum&#8217;s&#8217; market caps fell 3% and 2.1% to $541.93 billion and $230.35 billion, respectively.</p>
<p>The top 10 cryptocurrencies posted losses except for BNB, which managed to stay green with 1.3% gains over the last day. Meanwhile, Dogecoin suffered the biggest losses, down 8.7%.</p>
<figure id="attachment_319534" aria-describedby="caption-attachment-319534" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-319534 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-9-1024x640.jpg" alt="Top 10 cryptocurrencies" width="1024" height="640" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-9-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-9-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-9-768x480.jpg 768w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-9.jpg 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-319534" class="wp-caption-text">Source: CryptoSlate.com</figcaption></figure>
<p>The market cap of Tether (USDT) grew to $81.42 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.99 billion and $6.58 billion, respectively.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>In the last 24 hours, Bitcoin fell 3% to trade at $27,995 as of 07:00 ET. Its market dominance fell to 45.7% from 46%.</p>
<p>Over the reporting period, Bitcoin trended downwards to find support at $27,820 around 03:00 (ET). The ensuing bounce topped out at $28,250, leading to a flat pattern since.</p>
<figure id="attachment_319536" aria-describedby="caption-attachment-319536" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-319536 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-21_19-00-41-1024x607.png" alt="Bitcoin chart" width="1024" height="607" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-21_19-00-41-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-21_19-00-41-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-21_19-00-41-768x455.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-21_19-00-41.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-319536" class="wp-caption-text">Source: TradingView.com</figcaption></figure>
<h2 id="ethereum">Ethereum</h2>
<p>Over the last 24 hours, Ethereum fell 2.1% to trade at $1,913 as of 07:00 ET. Its market dominance stayed flat at 19.4%.</p>
<p>Ethereum&#8217;s price movements mirrored that of Bitcoin, finding support at $1,906 during the early hours of today. The recovery peaked at $1,915, leading to a flat print.</p>
<figure id="attachment_319537" aria-describedby="caption-attachment-319537" style="width: 1024px" class="wp-caption aligncenter"><img class="wp-image-319537 size-large" src="https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-21_19-00-23-1024x567.png" alt="Ethereum chart" width="1024" height="567" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-21_19-00-23-1024x567.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-21_19-00-23-300x166.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-21_19-00-23-768x425.png 768w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-21_19-00-23.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption id="caption-attachment-319537" 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-polymath-network-polymath-network-a"><a href="https://cryptoslate.com/coins/polymath-network/">Polymath Network</a></h3>
<p>POLY is the day&#8217;s biggest gainer growing 18.6% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.21994</span> as of press time. The project recently announced joining the Canadian Association of Alternative Strategies and Assets (CAASA). Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">203.45</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-polymesh-polymesh-a"><a href="https://cryptoslate.com/coins/polymesh/">Polymesh</a></h3>
<p>POLYX gained 15.6% to trade at $<span class="holepunch holepunch-coin_price_usd">0.24983</span> at<span class="holepunch holepunch-coin_price_usd"> the time of writing. Binance joined the Polymesh network as a node operator. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">153.58</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-decentralized-social-decentralized-social-a"><a href="https://cryptoslate.com/coins/decentralized-social/">Decentralized Social</a></h3>
<p>DESO rose 13.4% to $<span class="holepunch holepunch-coin_price_usd">14.3608</span> over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. The project announced a campaign to fight AI scams and deep fakes. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">127.59</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-dexe-dexe-a"><a href="https://cryptoslate.com/coins/dexe/">DeXe</a></h3>
<p>DEXE is up 9.6% to $<span class="holepunch holepunch-coin_price_usd">3.28107</span> as of press time. C<span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">ore contributor Dmitro Koltiarov</span>Its is scheduled for live AMA today. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">119.67</span> million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-locus-chain-zilliqa-a"><a href="https://cryptoslate.com/coins/locus-chain/">Zilliqa</a></h3>
<p>ZIL grew 7.8% to $<span class="holepunch holepunch-coin_price_usd">0.03360</span> <span class="holepunch holepunch-coin_price_usd">during the reporting period. The token was a top-five loser yesterday. </span>Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">533.16</span> million.</p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<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 is the day&#8217;s biggest loser, falling 21.8% to trade at $<span class="holepunch holepunch-coin_price_usd">0.08948</span> <span class="holepunch holepunch-coin_price_usd">at the time of writing. Despite today&#8217;s sell-off, the token is still up 125.8% over the past 30 days. Its market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">908.44</span> million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-hex-hex-a"><a href="https://cryptoslate.com/coins/hex/">HEX</a></h3>
<p>HEX declined 14.4% to $<span class="holepunch holepunch-coin_price_usd">0.06030</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. Sister chain PulseChain launched its V4 testnet yesterday. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">10.46</span> billion.</p>
<h3 id="a-href-https-cryptoslate-com-coins-cartesi-cartesi-a"><a href="https://cryptoslate.com/coins/cartesi/">Cartesi</a></h3>
<p>CTSI declined 12.5% to $<span class="holepunch holepunch-coin_price_usd">0.27018</span> <span class="holepunch holepunch-coin_price_usd">over the reporting period. Cartesi&#8217;s Global Online Hackathon will run until April 29. I</span>ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">188.88</span> 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 dropped 10.9% to trade at $<span class="holepunch holepunch-coin_price_usd">12.7200</span><span class="holepunch holepunch-coin_price_usd">. The <span class="css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0">Genesis Validator Launchpad</span> rolled out yesterday. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">198.13</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 dropped 10.3% to trade at $<span class="holepunch holepunch-coin_price_usd">27.0726</span><span class="holepunch holepunch-coin_price_usd">. The project introduced its institutional staking vault. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $<span class="holepunch holepunch-coin_market_cap_usd">270.73</span> million.</span></p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-another-red-day-sees-bitcoin-lose-28000/">CryptoSlate wMarket Update: Another red day sees Bitcoin lose $28,000</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CryptoSlate wMarket Update: Another red day sees Bitcoin lose $28,000

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