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<p>In the last 24 hours, the cryptocurrency market cap saw net outflows of $10 billion and currently stands at $1.20 trillion — down 0.96% from $1.21 trillion.</p>
<p>Bitcoin&#8217;s market cap rose 0.43 % to $563.18 billion during the period, while Ethereum&#8217;s market cap fell 1.24% to $227.40 billion.</p>
<p>The top 10 cryptocurrencies saw mixed performance during the reporting period. The biggest gainers were Cardano and Bitcoin, which posted meager gains of less than 0.5%, respectively.</p>
<p>Others like Dogecoin, BNB, Solana, Polkadot, Litecoin, and XRP lost more than 2%, respectively.</p>
<figure id="attachment_321054" aria-describedby="caption-attachment-321054" style="width: 1200px" class="wp-caption aligncenter"><img class="size-full wp-image-321054" src="https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-66.jpg" alt="CryptoSlate wMarket update" width="1200" height="750" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-66.jpg 1200w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-66-300x188.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-66-1024x640.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/wMarket-top10-landscape-66-768x480.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption id="caption-attachment-321054" class="wp-caption-text">Source: CryptoSlate</figcaption></figure>
<p>The market cap of Tether (USDT) and USD Coin (USDC) slightly grew to $81.61 billion and $30.73 billion, respectively. In contrast, Binance USD (BUSD) fell to $6.30 billion.</p>
<h2 id="bitcoin">Bitcoin</h2>
<p>In the last 24 hours, Bitcoin increased 0.1% to trade at $29,008 as of 07:00 ET. Its market dominance grew to 47% from 46.6%.</p>
<p>During the reporting period, Bitcoin&#8217;s volatility <a href="https://cryptoslate.com/market-volatility-wipes-360m-from-long-and-short-traders/">wiped off</a> over $300 million after rumors emerged that the U.S. government and bankrupt crypto exchange <span class="skimlinks-unlinked">Mt.Gox</span> were selling the asset. <em>CryptoSlate</em> Insight <a href="https://cryptoslate.com/insights/assessing-bitcoins-price-action-over-the-last-12-hours/">reported</a> that the wild price swings were due to an illiquid market.</p>
<figure id="attachment_321056" aria-describedby="caption-attachment-321056" style="width: 1477px" class="wp-caption aligncenter"><img class="size-full wp-image-321056" src="https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-27_19-00-36.png" alt="CryptoSlate wMarket update" width="1477" height="875" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-27_19-00-36.png 1477w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-27_19-00-36-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-27_19-00-36-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/BTCUSDT_2023-04-27_19-00-36-768x455.png 768w" sizes="(max-width: 1477px) 100vw, 1477px" /><figcaption id="caption-attachment-321056" class="wp-caption-text">Source: Tradingview</figcaption></figure>
<h2 id="ethereum">Ethereum</h2>
<p>Over the last 24 hours, Ethereum declined 1.52% to trade at $1,886 as of 07:00 ET. Its market dominance fell to 19.0% from 19.1%.</p>
<p>The wild market performance saw ETH trade near $2,000 before bottoming at $1,792.</p>
<figure id="attachment_321055" aria-describedby="caption-attachment-321055" style="width: 1477px" class="wp-caption aligncenter"><img class="wp-image-321055 size-full" style="font-weight: bold; color: #333333;" src="https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-27_19-00-28.png" alt="CryptoSlate wMarket update" width="1477" height="875" srcset="https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-27_19-00-28.png 1477w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-27_19-00-28-300x178.png 300w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-27_19-00-28-1024x607.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/04/ETHUSDT_2023-04-27_19-00-28-768x455.png 768w" sizes="(max-width: 1477px) 100vw, 1477px" /><figcaption id="caption-attachment-321055" 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-rsk-infrastructure-framework-span-style-color-383838-rsk-infrastructure-framework-span-a"><a href="https://cryptoslate.com/coins/rsk-infrastructure-framework/"><span style="color: #383838;">RSK Infrastructure Framework</span></a></h3>
<p><span style="color: #383838; font-size: 16px;">RIF is the day&#8217;s biggest gainer, growing 12.64% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">0.13968 </span></span><span class="holepunch holepunch-coin_price_usd" style="color: #383838; font-size: 16px;">as of press time. The filesharing token is down 10% in the previous 30 days. Its market cap stood at $134.1 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-multiversx-egld-multiversx-a"><a href="https://cryptoslate.com/coins/multiversx-egld/">MultiversX</a></h3>
<p>EGLD grew 11.73% over the last 24 hours to $<span class="holepunch holepunch-coin_price_usd">45.4320 </span>as of press time. The Binance Chain-based token has risen over 13% in the previous seven days. Its market cap stood at $1.15 billion.</p>
<h3 id="a-href-https-cryptoslate-com-coins-insure-insure-a"><a href="https://cryptoslate.com/coins/insure/">inSure</a></h3>
<p>SURE gained 10.73% to trade at $<span class="holepunch holepunch-coin_price_usd">0.00626 </span>at<span class="holepunch holepunch-coin_price_usd"> the time of writing. Despite today&#8217;s upside, the blockchain network has been down 21% in the past month. Its market cap stood at $167.61 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-kaspa-kaspa-a"><a href="https://cryptoslate.com/coins/kaspa/">Kaspa</a></h3>
<p>KAS rose 9.64% to $<span class="holepunch holepunch-coin_price_usd">0.03001</span><span class="holepunch holepunch-coin_price_usd"> </span>over the last 24 hours<span class="holepunch holepunch-coin_price_usd">. The token has increased by nearly 10% in the previous 30 days. Its market cap stood at $545.47 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-injective-injective-a"><a href="https://cryptoslate.com/coins/injective/">Injective</a></h3>
<p>INJ is on the top gainer&#8217;s list for the second consecutive day. The token is up 8.7% to $<span class="holepunch holepunch-coin_price_usd">8.15165 </span>as of press time. Its market cap stood at $713.13 million.</p>
<h2 id="top-5-losers">Top 5 Losers</h2>
<h3 id="a-href-https-cryptoslate-com-coins-tominet-tominet-a"><a href="https://cryptoslate.com/coins/tominet/">tomiNET</a></h3>
<p>TOMI is the day&#8217;s biggest loser, falling 17.66% to trade at $<span class="holepunch holepunch-coin_price_usd">2.98535 </span><span class="holepunch holepunch-coin_price_usd">at the time of writing.</span> The privacy token is up more than 30% in the last 30 days. <span class="holepunch holepunch-coin_price_usd">Its market cap stood at $118.35 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 6.71% to $<span class="holepunch holepunch-coin_price_usd">0.00589 </span><span class="holepunch holepunch-coin_price_usd">over the reporting period. I</span>ts market cap stood at $9.89 billion.</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 plunged 6.49% to trade at $<span class="holepunch holepunch-coin_price_usd">0.23853 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 token has risen by more than 100% in the previous year. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $264.43 million.</span></p>
<h3 id="a-href-https-cryptoslate-com-coins-solar-solar-a"><a href="https://cryptoslate.com/coins/solar/">Solar</a></h3>
<p>SXP decreased 6.15% to $<span class="holepunch holepunch-coin_price_usd">0.57118 </span><span class="holepunch holepunch-coin_price_usd">over the reporting period. I</span>ts market cap stood at $321.3 million.</p>
<h3 id="a-href-https-cryptoslate-com-coins-threshold-threshold-a"><a href="https://cryptoslate.com/coins/threshold/">Threshold</a></h3>
<p>T dropped 5.81% to trade at $<span class="holepunch holepunch-coin_price_usd">0.03166</span><span class="holepunch holepunch-coin_price_usd">. The Ethereum-based token is down 22% over the last 30 days. I</span><span class="holepunch holepunch-coin_price_usd">ts market cap stood at $272.98 million.</span></p>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/cryptoslate-wmarket-update-market-volatility-swings-bitcoin-price-wildly-in-the-last-24-hours/">CryptoSlate wMarket Update: Market volatility swings Bitcoin price wildly in the last 24 hours</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CryptoSlate wMarket Update: Market volatility swings Bitcoin price wildly in the last 24 hours

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