The cryptocurrency market capitalization registered a net outflow of about $19 billion in the last 24 hours and is now at $1.4731 trillion, down 1.81% from $1.66 billion.
During the reporting period, the market caps of Bitcoin and Ethereum fell by 1.29% and 1.55% respectively to $445.8 billion and $193.8 billion.
All of the top 10 cryptocurrencies have recorded losses in the last 24 hours. Polygon is on top, down 5.2%. Polkadot and Dogecoin followed, dropping 4.58% and 3.93% respectively.
Since the last market update, Tether (USDT) market cap increased to $67.78 billion. Meanwhile, the market caps of USD Coin (USDC) and BinanceUSD (BUSD) decreased to $43.47 billion and $15.76 billion respectively.
Bitcoin
Over the past 24 hours, Bitcoin has fallen 1.47%, trading at $23,097 as of ET 07:00. Market control he rose slightly from 42.4% to 42.5%.
Over the weekend, Bitcoin traded close to $24,000 before hitting a peak of $23,919 on January 29 before returning to current levels. The flagship digital asset experienced a moderate selloff early in today’s trading hours.
BTC Price Performance (Source: Tradingview.com)
ethereum
Ethereum is down 1.60% over the past 24 hours, trading at $1,583 as of 07:00 ET. Its market dominance fell from 18.5% to 18.4%.
ETH’s price action mirrors BTC, which plunged in value after trading at a peak of $1,653 on January 29.
top 5 price increases
everscale
EVER was the largest daily gainer, increasing 89.45% to $ during the reporting period0.11 Press time now. Bullish sentiment on the token is currently high as he has seen his DeFi TVL rise 31% in the last 24 hours, according to data from DeFiLlama. Its market capitalization he was $191.99 million.
DAO Maker
DAO is up 27.46% over the last 24 hours to $1.18 at the time of writing. Launchpad has launched a commemorative campaign, aiming to reduce its token supply by buying back tokens. Its market capitalization was $170.83 million.
Mina
MINA gained 25.84% during the reporting period and was trading at $0.84 at the time of writing. This token confirms that his OpenMina node browser concept is getting more support from the community. Its market capitalization was $695.03 million.
injection
At the time of writing, INJ has gained 10.38% to $2.80. The smart contract-enabled platform recently launched a $150 million fund to drive decentralized finance (DeFi) adoption. Its market cap was he $204.45 million.
ciscoin
SYS is up 8.37% over the last 24 hours, to $0.17 at the time of writing. Proof of Work (PoW) tokens are up 70% over the last 30 days. Its market capitalization was $128.91 million.
top 5 losers
Alethea Artificial Liquid Intelligence Token
ALI was the biggest loser of the day, down 11.39% during the reporting period to $0.035 at the time of writing. AI Token was one of the biggest gainers in the last 30 days, rising nearly 300%. Its market capitalization was $128.58 million.
hooked protocol
HOOK has fallen 11.01% to $ over the last 24 hours3.11The token appears to have lost some of its gains when it rose 14% over the past seven days.Its market capitalization was $155.78 a million.
conflux network
CFX fell 9.76% to $ during the reporting period0.059 Press time now. The token has experienced a significant drop over the past 24 hours after recording a surge last week.Its market capitalization was $124.35 a billion.
magic
Magic is down 9.5% over the past 24 hours, trading at $1.36 at the time of writing. NFT-related tokens registered the smallest gain of 3% over the past seven days. Its market cap was he $284.24 million.
iExec RLC
RLC’s price performance continues to be poor, falling 8.92% to $1.68 during the reporting period. Its market cap was he $136.89 million.
