Bitcoin meets resistance at $28,000 as liquidity concerns rise
Cryptocurrency market capitalization has registered net inflows of around $10 billion in the last 24 hours and is now up 0.16% to reach $1.16 trillion.
During the reporting period, Bitcoin’s market cap increased by 0.88% to $540.81 billion, while Ethereum’s market cap decreased by 0.32% to $216.37 billion.
Apart from Bitcoin, BNB and XRP, other top 10 cryptocurrencies recorded losses during the reporting period. XRP posted the highest profit of 2.04%, while Polygon and Cardano posted the highest losses of 1.5% and 1.46% respectively.
Over the past 24 hours, the market cap of Tether (USDT) increased to $79.04 billion. Meanwhile, the market caps of USD Coin (USDC) and Binance USD decreased to $33.84 billion and $8.01 billion respectively.
Over the past 24 hours, Bitcoin is up 0.77%, trading at $27,918 as of 07:00 ET. Its market dominance increased from 46.3% to 46.4%.
Over the weekend, BTC traded above $27,000, peaking at $28,178 on March 26 before correcting to current levels. Flagship digital assets have raised concerns about their liquidity levels.
Over the past 24 hours, Ethereum has fallen 0.44%, trading at $1,765 as of ET 07:00. Its market dominance fell from 18.7% to 18.6%.
During the reporting period, Ethereum hit a new all-time high at $1,797 before turning downward. Investors continue to imitate digital assets as Shanghai’s upgrade is coming soon.
top 5 price increases
The RAD was the largest daily gainer, rising 36.71% to $ during the reporting period2.59 Press time now. The project is voting to clarify its foundation’s role within the broader Radicle ecosystem. Its market capitalization was $126.83 million.
SURE surged 22.55% to $0.00812 during the reporting period. The token is up 220% over the past month. Its market capitalization was $217.65 million.
JOE gains 17.27% against $0.48082 Press time now. The token is up 90.8% over the past month. Its market cap was he $161.77 million.
KAS earned 12.71% for trading on $0.01920 at the time of writing. Earlier today, the token reached an all-time high of $0.01964. Its market cap was he $336.86 million.
UMA rose 9.61% to $2.22167. Its market capitalization was $153.18 million.
top 5 losers
RSK Infrastructure Framework
RIF was the biggest loser of the day, trading down 11.3% for $0.14219 at the time of writing. It is unclear why the token was sold. Its market capitalization he was $135.56 million.
GTC drops 10.42% to $2.14454 over the reporting period. The project is up 16% in the last 7 days. Its market capitalization was $128.49 million.
METIS down 7.05% to $24.5154 on press. Its market capitalization was $109.11 million.
HEX dropped 6.29% to $0.08654. Project founder Richard Heart said PulseChain could be launched at any time without warning. That market he was $15.01 billion.
BDX plunged from 6.04% to $0.05853. The token is up over 58% over the last 30 days. Its market cap was he $235.24 million.