Bitcoin maintains $27K amid rising network fees

In the last 24 hours, cryptocurrency market capitalization recorded a net outflow of around $20 billion and is now at $1.14 trillion, down 1.16% from $1.16 trillion.
During this period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell by 1.31% and 0.85% respectively to $534.37 billion and $221.6 billion.
With the exception of Tron, the top 10 cryptocurrencies have posted losses in the last 24 hours. Polygon, Solana, and Polkadot had the biggest losses, each dropping more than 2%.

Tether (USDT) market cap increased to $82.39 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.24 billion and $5.97 billion respectively.
Bitcoin
Over the past 24 hours, Bitcoin has fallen 1.24%, trading at $27,609 as of ET 07:00. Its market dominance remained flat at 46.9%.
During the reporting period, BTC continued to trade around $27,000 amid concerns over rising network fees. Assets bottomed out at $27,310.

ethereum
Over the past 24 hours, Ethereum has fallen 2.43%, trading at $1,858 as of ET 07:00. Its market share he rose to 19.4%.
ETH mirrored the price performance of BTC, peaking at $1876 during the reporting period.

top 5 price increases
Bitcoin SV
BSV was the biggest daily gainer, gaining 32.26% to $ in the last 24 hours0.17221 Press time now. In blockchain networks, native tokens are on the rise amid growing concerns over congestion problems in BTC’s network. Its market cap was he $779.01 million.
Bitget token
BGB climbs 17.42% to $0.46661 Press time now. The exchange token is up 18% over the last 7 days. Its market capitalization was $653.26 million.
Tominetto
TOMI is on the list of top gainers for the second day in a row.Up 14.33% to $4.11 over the last 24 hours Press time now. Its market cap was he $163.16 million.
Hippopotamus
The RAD gained 8.28% and traded at $0.77. writing time. Its market cap was he $394.63 million.
Lido Dao Token
LDO rose 8.2% to $1.87 last 24 hoursIts market capitalization was $1.65 billion.
top 5 losers
RSK Infrastructure Framework
RIF was the biggest loser of the day, trading down 18.81% for $0.13 at the time of writing. ITS had a market capitalization of $136.22 million.
Radicle
RAD drops 16.4% to trade on $2.62Despite today’s drawdown, the token has grown by over 40% over the past month.ITS had a market capitalization of $130.56 million.
Pepe
PEPE plummeted 15.15%, trading at $0.0000019 press time now. Soaring memecoin is experiencing a massive selloff as investors start to turn a profit. that mThe market cap was $772.25 million.
Woo network
WOO fell 14.71% to $0.22 over the reporting period.Its had a market capitalization of $385.38 million.
core
CORE drops 13.2% to $0.90 over the reporting period. EVM-compatible blockchains have dropped over 40% in the last 30 days.Its had a market capitalization of $106 million.
