Cryptocurrency

Bitcoin loses $27k level in red market: CryptoSlate wMarket Update

Over the past 24 hours, the cryptocurrency market has seen a net outflow of $20 billion, currently standing at $1.12 trillion, down 1.98% from $1.14 trillion.

Over the same period, Bitcoin (BTC) and Ethereum (ETH) market caps fell by 2.11% and 2.15% to $517.69 billion and $218.07 billion, respectively.

All top 10 cryptocurrency assets recorded losses. Dogecoin, Bitcoin, Ethereum and Polkadot each fell more than 2%.

CryptoSlate wMarket Update
Source: Cryptoslate

tether”s (USDT) market cap increased to $83.03 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) dropped to $29.24 billion and $5.4 billion respectively.

Bitcoin

Bitcoin is down 2.11% over the past 24 hours, trading at $26,727 as of 7:00 ET. Market power fell from 46.4% to 46.3%.

BTC lost the $27,000 level as the bears dominated the market during the reporting period. crypto slate Insight reports that over $2 billion in BTC options will expire on May 26.

CryptoSlate wMarket Update
Source: Tradingview

ethereum

Ethereum is down 2.15% over the past 24 hours, trading at $1,815 at 07:00 ET. Market power fell from his 19.6% to his 19.5%.

ETH almost mirrors the price performance of BTC. Investors’ tendency to favor self-custody has strengthened, and the currency balance of the asset has fallen to the lowest level in five years.

CryptoSlate wMarket Update
Source: Tradingview

Top 5 climbers

fantasy gold

FGC was the biggest gainer of the day, rising 100.6% to the dollar over the past 24 hours.1.35142 At the time of writing this article. The token is up 99% week-on-week. The market capitalization was $188.74 million.

ARPA chain

ARPA rose 39.18% to the dollar0.09294 Over the last 24 hours. T.His token has risen 142% over the past month. The market capitalization was $115.52 million.

Nervos network

CKB gains 6.5%, trades in dollars0.00360 and writing time. The market capitalization was $146.82 million.

wave

WAVES has been on the top gain list for two days in a row. It rose 6.03% to the dollar.2.00509 At the time of writing this article. The market capitalization was $223.58 million.

Tominetto

TOMI rises 5.52% over the last 24 hours to the dollar3.91423 At the time of writing this article. Privacy Token is up 19% over the past 30 days and now has a market cap of $155.17 million.

top 5 losers

Hexadecimal

HEX was the biggest loser of the day, down 21.13% against the dollar.0.02054 At the time of press. This token ranks at the top of his losers list for the third day in a row. The market capitalization was $3.56 billion.

Lyxe

Luxo falls 12.23% to dollar10.6588 during the reporting period.thathad a market capitalization of $166.02 million.

Kaspa

KAS tops the losers list for the third day in a row.Token fell 9.63%, traded in dollars0.01420. this is The market capitalization was $233.73 million.

FTX token

FTT fell 8.95%, was trading in dollars1.00715 At the time of writing this article. The bankrupt Exchange Token has lost some of the profits it made on May 23rd.The market capitalization was $331.25 million.

sui

SUI fell 8.46% against the dollar0.98471 As of press time. Blockchain network tokens have fallen below $1 after falling 12% over the past week. it’s meterArquette’s cap was $115.27 a million.

Category: Bitcoin, Wrap

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