Rootstock Infrastructure Framework

Bone

BUSD

Bitcoin

<p>The cryptocurrency market cap saw net outflows of $10 billion over the last 24 hours and currently stands at $1.19 trillion — down 0.6% from $1.20 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 fell 0.37% and 0.36% to $563.62 billion and $229.12 billion, respectively.</p>
<p>All of the top 10 cryptocurrencies recorded losses over the last 24 hours. Solana fell the highest with a loss of over 2%, while others mostly recorded losses of less than 1%.</p>
<figure id="attachment_323014" aria-describedby="caption-attachment-323014" style="width: 1200px" class="wp-caption aligncenter"><img class="size-full wp-image-323014" src="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-68.jpg" alt="CryptoSlate wMarket update" width="1200" height="750" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-68.jpg 1200w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-68-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-68-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/wMarket-top10-landscape-68-768x480.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption id="caption-attachment-323014" class="wp-caption-text">Source: CryptoSlate</figcaption></figure>
<p>The market cap of Tether (USDT) grew to $82.09 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.12 billion and $5.97 billion, respectively.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>In the last 24 hours, Bitcoin fell 0.41% to trade at $29,118 as of 07:00 ET. Its market dominance stayed flat at 47.2%.</p>
<p>BTC&#8217;s on-chain activity has risen to new highs during the first week of this month thanks to the growing interest in BTC NFTs.</p>
<p>Meanwhile<em>, CryptoSlate</em> Insight reported that BTC&#8217;s spot trade volume declined by 70% in April.</p>
<figure id="attachment_323016" aria-describedby="caption-attachment-323016" style="width: 1477px" class="wp-caption aligncenter"><img class="size-full wp-image-323016" src="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-05_19-00-23.png" alt="CryptoSlate wMarket update" width="1477" height="875" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-05_19-00-23.png 1477w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-05_19-00-23-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-05_19-00-23-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/BTCUSDT_2023-05-05_19-00-23-768x455.png 768w" sizes="(max-width: 1477px) 100vw, 1477px" /><figcaption id="caption-attachment-323016" class="wp-caption-text">Source: Tradingview.com</figcaption></figure>
<h2 id="ethereum">Ethereum</h2>
<p>Over the last 24 hours, Ethereum declined 0.33% to trade at $1,905 as of 07:00 ET. Its market dominance also stayed flat at 19.2%.</p>
<p>During the reporting period, ETH peaked at $1,913 during the early trading hours of today.</p>
<figure id="attachment_323015" aria-describedby="caption-attachment-323015" style="width: 1477px" class="wp-caption aligncenter"><img class="size-full wp-image-323015" src="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-05_19-00-31.png" alt="CryptoSlate wMarket update" width="1477" height="875" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-05_19-00-31.png 1477w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-05_19-00-31-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-05_19-00-31-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/ETHUSDT_2023-05-05_19-00-31-768x455.png 768w" sizes="(max-width: 1477px) 100vw, 1477px" /><figcaption id="caption-attachment-323015" 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-uma-uma-a"><a href="https://cryptoslate.com/coins/uma/">UMA</a></h3>
<p>HEX is the day&#8217;s biggest gainer, growing 38.92% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">2.83660 </span><span class="holepunch holepunch-coin_price_usd">as of press time. Crypto data aggregator Luna Crush listed it among its top 10 assets based on performance. Its market cap stood at $201.85 million.</span></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 28.68% to trade at $<span class="holepunch holepunch-coin_price_usd">5.36211 </span>at<span class="holepunch holepunch-coin_price_usd"> the time of writing. The token tops CryptoSlate top gainers list of the last 30 days, up 209%. Its market cap stood at $267.19 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-decred-decred-a"><a href="https://cryptoslate.com/coins/decred/">Decred</a></h3>
<p>DCR grew 10.9% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">19.3478 </span>as of press time. Its market cap stood at $288.78 million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-binaryx-new-binaryx-a"><a href="https://cryptoslate.com/coins/binaryx-new/">BinaryX</a></h3>
<p>BNX rose 5.17% to $<span class="holepunch holepunch-coin_price_usd">0.61656 </span>as of press time. The BNB Chain-based gaming platform has introduced a new space simulation game Project Mathew to its community. Its market cap stood at $178.26 million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-radiant-capital-radiant-a"><a href="https://cryptoslate.com/coins/radiant-capital/">Radiant</a></h3>
<p>RDNT gained 4.83% to $<span class="holepunch holepunch-coin_price_usd">0.42172 </span>over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. Crypto.com recently listed the token on its platform. Its market cap stood at $112.35 million.</span></p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<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 is the day&#8217;s biggest loser, falling 9.09% to trade at $<span class="holepunch holepunch-coin_price_usd">0.13080 </span><span class="holepunch holepunch-coin_price_usd">at the time of writing. The filesharing token has experienced minimal sell-off over the past week, down 0.06%.</span> I<span class="holepunch holepunch-coin_price_usd">ts market cap stood at $125.58 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 7.34% to $<span class="holepunch holepunch-coin_price_usd">0.73028 </span><span class="holepunch holepunch-coin_price_usd">over the reporting period. Interest in the layer2 network has remained high with the rise of BTC NFTs. I</span>ts market cap stood at $1 billion.</p>
<h3 id="a-href-https-cryptoslate-com-coins-bone-shibaswap-bone-shibaswap-a"><a href="https://cryptoslate.com/coins/bone-shibaswap/">Bone Shibaswap</a></h3>
<p>BONE dropped 7.22% to trade at $<span class="holepunch holepunch-coin_price_usd">0.87442</span><span class="holepunch holepunch-coin_price_usd">. The project&#8217;s token holders surpassed 83,000 earlier today. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $201.05 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-space-id-space-id-a"><a href="https://cryptoslate.com/coins/space-id/">Space ID</a></h3>
<p>ID plunged 5.87% to trade at $<span class="holepunch holepunch-coin_price_usd">0.57483 </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 $175.03 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 5.76% to $<span class="holepunch holepunch-coin_price_usd">1.25647 </span><span class="holepunch holepunch-coin_price_usd">over the reporting period. The EVM-Compatible layer1 blockchain network has shed over 17% in the last seven days. I</span>ts market cap stood at $140.85 million.</p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-bitcoin-maintains-29k-in-flat-market-performance/">CryptoSlate wMarket Update: Bitcoin maintains $29k in flat market performance</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CryptoSlate wMarket Update: Bitcoin maintains $29k in flat market performance

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CryptoSlate

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