Cryptocurrency

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%.

CryptoSlate wMarket Update
Source: Cryptoslate

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.

CryptoSlate wMarket updTe
Source: Trading View

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.

CryptoSlate wMarket updTe
Source: Trading View

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.

limewire token

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