Bitcoin boost delivers market reprieve
Cryptocurrency market capitalization recorded a net inflow of $17.9 billion in the last 24 hours and is now at $1.18 trillion, up 1.5% from $1.16 trillion.
During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) increased by 2% and 2% respectively to $553.45 billion and $224.66 billion.
The top 10 cryptocurrencies posted mixed performance, with Polygon up 3%. Meanwhile, XRP fell 1.2% and rose later.
Tether (USDT) market cap increased to $81.9 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.23 billion and $6.09 billion respectively.
Bitcoin
Over the past 24 hours, Bitcoin is up 2%, trading at $28,598 as of 07:00 ET. Its market share increased from 46.7% to 47%.
During the reporting period, BTC surged to become the local top at $28,870. It has since traded flat with a sell-side bias and found support near $28,450.
ethereum
Over the past 24 hours, Ethereum has grown by 2%, trading at $1,865 as of 07:00 ET. Its market dominance increased from 18.9% to 19.1%.
During the reporting period, ETH’s price action followed Bitcoin closely, peaking at $1,882 and following a pattern ranging from $1,860 to $1,876.
top 5 price increases
RSK Infrastructure Framework
RIF is the biggest daily gainer, growing 38.5% to $ in the last 24 hours0.16079 Press time now. The project will be hosting a Twitter space on May 5th to discuss product lineup, grants, and more.Its market capitalization was $154.36 a million.
stack
STX rises 18.6% to trade on $0.81805 and time of writing.Its market capitalization was $1.13ba million.
Hexadecimal
HEX grew 11.7% to $ in the last 24 hours0.05678 Press time now. The number of daily transactions on the PulseChain testnet reached 367,000. Its market capitalization was $9.85 billion.
Kaspa
KAS rose 9.1% to $0.02610 last 24 hoursToken was the top five loser yesterday, down 23.1% over the past month.Its market capitalization was $477.57 a million.
elf
ELF rose 8% to $0.30026 Press time now. The project completed the v1.3.1 upgrade last month.Its market capitalization was $183.73 a million.
top 5 losers
Radicle
RAD is the biggest loser of the day, down 23.4% to trade in $3.45441 at the time of writing. The project said it was in the process of upgrading Heartwood.Its had a market capitalization of $172.13 a million.
UMA
UMA drops 10.3% to trade in $1.12742. Its had a market capitalization of $148.14 a million.
iExec RLC
RLC fell 8.7% to $1.82744 over the reporting period. The project recently posted an article on Medium about the V8 upgrade.Its had a market capitalization of $148.02 a million.
Joe
JOE falls 5.4% to $0.40485 over the reporting period. The project is participating in the Avalanche Summit in Barcelona May 3-5.Its had a market capitalization of $136.21 a million.
Space ID
ID plunged 5.1% to trade in $0.59107 press time now. The token is down 23.6% over the past month.this is Market capitalization was $179.97 a million.