Bitcoin taps $26,900 – posting a 39-week high
Cryptocurrency market capitalization recorded a net inflow of $58.1 billion in the last 24 hours and is now at $1.14 trillion, up 5.4% from $1.9 trillion.
During the reporting period, the market caps of Bitcoin and Ethereum increased by 7% and 4.6% respectively to $515.4 billion and $213.6 billion.
The top 10 cryptocurrencies recorded gains in the last 24 hours, with Bitcoin leading the pack with a 7% increase, followed closely by Dogecoin with a 6.7% increase. Lifting the rear is XRP, up 2.4%.
Over the last 24 hours, the market cap of Tether (USDT) increased to $75.4 billion. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) fell to $36.8 billion and $8.3 billion respectively.
Bitcoin
Over the past 24 hours, Bitcoin is up 7%, trading at $26,702 as of 07:00 ET. Its market dominance fell from 44.5% to 45.3%.
Bitcoin saw an uptick in buyers around Thursday night during reporting hours. This pushed the BTC price up from just under $25,000 to $26,870, a 39-week high.
ethereum
Over the past 24 hours, Ethereum has grown by 4.6%, trading at $1,742 as of ET 07:00. Its market dominance fell from 18.8% to 18.7%.
Ethereum also saw a bullish move around 21:00 yesterday, with the price rising from $1,670 to local tops at $1,755.
top 5 price increases
RSK Infrastructure Framework
RIF was the biggest one-day gainer, rising 18.7% to $ during the reporting period0.18053 Press time now. The token was recently listed on the LBank exchange.Its market capitalization was $172.12 a million.
Immutable X
IMX rose from 17% to $1.44042 Press time now. The project hinted at “upcoming news” regarding the IMX token.Its market capitalization was $1.25 a billion.
stack
STX is one of the day’s top gainers after gaining 15.7% to $.1.06276 at the time of writing. Stacks 2.1 upgrade is ready for rollout.Its market capitalization was $1.45 a billion.
phantom
FTM surged 15.3% to $0.46786The project recently announced the Gas Monetization Program. Its market capitalization was $1.3 billion.
Neo
NEO rises $12.9%12.1844 Press time now. The project recently launched the NEO Trading Challenge.Its market capitalization was $859.47 a million.
top 5 losers
helium
HNT was the biggest loser of the day, trading down 12.8% for $1.72467 at the time of writing. Binance has delisted HNT as of March 21st. Its market capitalization was $.241.45 a million.
fantasy knight metaverse
MV plunges 5.7% to $0.11367 over the reporting period. Its market capitalization was $194.3 a million.
Hippopotamus
KAVA decreased 5.3% to $1.02803 over the reporting period.Its market capitalization was $457.51 a million.
magic
MAGIC is 5% less $1.57387Despite today’s loss, the token is up 44.3% over the past week.Its market capitalization was $334.02 a million.
ribbon finance
RBN fell 3.2% to $0.25369The token remains up 31.5% over the past week.Its market capitalization was $135.16 a million.