Cryptocurrency

Bitcoin defends $29,000 in shock flash crash

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CoinDesk Consensus

In the last 24 hours, cryptocurrency market capitalization recorded a net outflow of $47.5 billion and is now at $1.22 trillion, down 3.7% from $1.27 trillion.

During the reporting period, the market caps of Bitcoin and Ethereum fell by 2.2% and 6.3% respectively to $566.37 billion and $235.88 billion.

All the top 10 cryptocurrencies recorded losses the day before. Solana fell 8.7% to take the lead, while Polkadot, which had the biggest gain in the top 10 yesterday, is down 7% today. Bitcoin, on the other hand, was the best performer in terms of percentage, dropping 2.2%.

top 10 cryptocurrencies
Source: CryptoSlate.com

Tether (USDT) market cap remained flat at $81.09 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $31.37 billion and $6.64 billion respectively.

Bitcoin

Over the past 24 hours, Bitcoin has fallen 2.2%, trading at $29,234 as of ET 07:00. Market dominance jumped from 45.5% to 46.2%.

Bitcoin started the reporting period in a relatively flat pattern, trading between $29,950 and $30,490. By 04:00 (ET) there was a flash crash and the price dropped to his $29,050.

bitcoin chart
Source: TradingView.com

ethereum

Over the past 24 hours, Ethereum (ETH) is down 6.3%, trading at $1,973 as of ET 07:00. Its market dominance fell from 19.8% to 19.3%.

Ethereum mirrored Bitcoin’s move, ranged from $2,065 to $2,120 before the bears pushed the price down significantly. Bitcoin closing candlestick flat pattern since flash crash Unlike, Ethereum is forming a downtrend.

ethereum chart
Source: TradingView.com

top 5 price increases

trajectory chain

LOCUS is the largest daily gainer growing 25.9% against $ over the last 24 hours.0.07174 Press time now. The project recently announced updates and bug fixes for the Kingdom Under Fire game.Its market capitalization was $149.29 a million.

Kartesi

CTSI rose 22.1% to trade in $0.29597 and time of writing. The Cartesi developer workshop was held on his April 18th. Its market capitalization was $.206.85 a million.

Tominetto

TOMI rose 10.3% to $3.16300 last 24 hours. The project is tomi privacy layer in a recent tweet.Its market capitalization was $125.39 a million.

everscale

EVER increased by 7% to $0.06975 Press time now.Its market capitalization was $124.9 a million.

FTX token

FTT grew from 5.9% to $2.03400 during the reporting period. Tribe Capital is interested in helping the FTX exchange revive. Its market capitalization was $668.97 a million.

top 5 losers

Kaspa

KAS was the biggest loser of the day, trading down 19.5% for $0.02287 at the time of writing. Tangem hardware wallet announced support for her KAS.Its market capitalization was $412.06 a million.

Tem Dao

TEM fell 15.2% to $0.07019 Press time now. The token was he listed on BTCEX on April 17th. Its market capitalization was $.435.85 a million.

Liquidity

LQTY fell 13.8% to $2.14880 over the reporting period. There is talk of the Liquity USD unpegging.ITS had a market capitalization of $197.18 million.

Arbitrum

ARB falls 12.7% to $1.55008 over the reporting period.first time The Rise of Arbitrum Gaming A roundtable will be held on April 20th.ts had a market capitalization of $1.9ba million.

hash flow

HFT fell 11.3% to trade in $0.64365. Its had a market capitalization of $124.76 a million.

Posted In: Bitcoin, Wrapped
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