Bitcoin reclaims $27,000 amid flat market
Over the past 24 hours, the cryptocurrency market has seen net inflows of $20 billion, currently standing at $1.14 trillion, up 1.16% from $1.12 trillion.
Over the period, the market caps of Bitcoin (BTC) and Ethereum (ETH) increased by 1.85% and 2.21% to $529.52 billion and $223.18 billion, respectively.
With the exception of XRP, Cardano and Solana, which suffered small losses, the other top 10 crypto assets posted gains during the reporting period.
Ethereum, Bitcoin, BNB and Polygon are all up 1.5-2%.
Tether (USDT) market cap increased to $82.96 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) dropped to $29.4 billion and $5.46 billion, respectively.
Over the past 24 hours, Bitcoin is up 1.85%, trading at $27,338 as of 07:00 ET. The company’s market power increased from 46.3% to 46.4%.
During the reporting period, BTC traded mostly within a range before peaking at $27,434 in the early trading hours. crypto slate Insight reported that the blockchain network is currently the second largest chain by NFT volume.
Over the past 24 hours, Ethereum is up 2.21%, trading at $1,857 as of 7:00 ET. Market power has risen from 19.4% for him to 19.6% for him.
ETH has largely mirrored BTC’s price performance, peaking at $1,869 before returning to current levels.
Top 5 climbers
KAVA was the biggest gainer of the day, rising 15.7% to the dollar over the past 24 hours.1.23888 At the time of writing this article. The rise was boosted by the South Korean exchange removing the “investment warning” tag. The market capitalization was $658.84 million.
Waves rose 13.58% to $.1.86901 At the time of writing this article. Like KAVA, the South Korean exchange also removed the warning tag attached to it. The market capitalization was $208.39 million.
GMT rose 11.08% to the dollar.0.30117 over the last 24 hours. On May 22, Stepn announced that users can now purchase NFTs through Apple Pay.. The market capitalization was $259.8 million.
TOMO gains 10.93% over the last 24 hours to the dollar1.25667 At the time of writing this article. EVM compatible chains have increased by 96% in the last 30 days. The market capitalization was $126.94 million.
FTT rose 8.9%, traded in dollars1.09622 and writing time. News of a possible reopening has spurred that rise. The market capitalization was $360.54 million.
top 5 losers
MULTI was the biggest loser of the day, down 9.78% against the dollar.7.01651 At the time of press. Over the past month, this project has decreased by 25%. The market capitalization was $102.03 million.
KAS topped the losers list for the second day in a row.Token fell 7.3%, traded in dollars0.01420. It is unclear why the token has fallen so drastically. this is The market capitalization was $265.39 million.
HEX fell 6.22% to the dollar0.02593 during the reporting period.thathad a market capitalization of $4.5 billion.
WEMIX fell 5.47%, trading in dollars0.81256 At the time of writing this article. NFT-related tokens have fallen more than 30% over the past 30 days.IThe market capitalization was $204.38 million.
RLC fell 3.33% against $1.59250 As of press time. Despite today’s drawdown, the token is up 4% over the last 7 days. it’s meterArquette’s cap was $115.27 a million.