BTC, ETH rebound following US CPI data release
The total cryptocurrency market capitalization recorded a total net inflow of $30.49 billion. As of press time, the industry has a market cap of $941.63 billion, up 3.13% over the past 24 hours.
Bitcoin market capitalization increased by 3.87% during the reporting period from $365.65 billion to $380 billion.
The top 10 cryptocurrencies have gained at least 2% in the last 24 hours. XRP rose 6.06% during the reporting period. BTC and ETH each rose more than 3%.
The market caps of Tether (USDT) and BinanceUSD (BUSD) have remained relatively flat over the past 24 hours at $68.4 billion and $21.6 billion respectively. USD Coin (USDC) market cap dropped to $45.36 billion.
Bitcoin
Bitcoin is up 3.76% over the past 24 hours and is trading at $19,793 at the time of writing. Its market dominance he increased to 40.36% during the reporting period.
BTC printed a green candle around 15:00 UTC and its value exceeded $19,000. The flagship digital asset held this level over the past 24 hours, peaking at $19,835 before returning to current prices.
ethereum
Ethereum’s price is up 3.25% over the past 24 hours, trading at $1,325 at the time of writing. Its market dominance rose slightly from 17.30% to 17.31%.
ETH’s performance mirrored that of BTC, printing a green candle around 15:00 UTC. The second largest crypto asset by market capitalization peaked at $1,335.
top 5 price increases
Mdex
MDX is the top daily riser, gaining 64.51% during the reporting period and trading at $0.16 at the time of writing. The asset has continued its green candle positive run over the past 7 days, up over 135.85%. Its market capitalization was $133.3 million.
SingularityNET
AGIX is on the list of top gainers for the second day in a row. The token is up 33.91% in the last 24 hours and he is trading at $0.11 at the time of writing. Its market cap was he $119.48 million.
sushi swap
SUSHI is up 23.63% over the last 24 hours, trading at $1.39 at the time of writing. The DEX’s native token has risen over 21% over the past 30 days. Its market capitalization was $177.74 million.
ribbon finance
RBN is up 21.8% over the past day, trading at $0.366 at the time of publication. The token is up 31% over the last 7 days. Its market capitalization was $95.76 million.
ethereum name service
ENS gained 19.03% during the reporting period and is trading at $19.68 at the time of writing. The token continues its positive performance, gaining more than 15% over the past week. Its market cap was he $398.44 million.
top 5 losers
terra usd
USTC is the biggest loser of the day. The bankrupt stablecoin is down 4.15% in the last 24 hours and is trading at $0.05 at the time of writing. Its market cap was he $497.64 million.
sign
DAG is down 3.89% over the past day, trading at $0.075 at the time of publication. It is unclear why the digital token was put up for sale. The token market capitalization reached $95.84 million.
convex finance
CVX is down 2.73% during the reporting period and is trading at $5.48 at the time of writing. The DeFi protocol earned over 14% of its value in the last 30 days. Its market capitalization was $371.19 million.
clayton
KLAY is back among the biggest losers. The token is down 2.42% in the last 24 hours and he is trading at $0.15 at the time of writing. This asset lost her 19.29% of its value in the last 7 days. Its market cap was he $470.17 million.
chain
XCN has recorded a 2.25% loss in the last 24 hours and is trading at $0.07 at the time of writing. Its market capitalization was $1.5 billion.