Cryptocurrency

Bitcoin trades flat in mute market performance

In the last 24 hours, cryptocurrency market capitalization registered a net outflow of around $1 billion and is now down 0.06% to $1.14 trillion.

During this period, the market caps of Bitcoin (BTC) and Ethereum (ETH) rose by 0.19% and 0.47% to $535.5 billion and $222.16 billion, respectively.

Tron was the biggest gainer among the top 10 assets. Bitcoin, Ethereum, XRP and more recorded his slight rise of less than 1%.

Meanwhile, Polygon and Cardano each lost more than 2%.

CryptoSlate wMarket Update

Source: CryptoSlate Tether (USDT) market cap increased to $82.52 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.16 billion and $5.79 billion respectively.

Bitcoin

Over the past 24 hours, Bitcoin is up 0.1%, trading at $27,611 as of ET 07:00. Its market dominance rose from 46.9% to 47%.

During the reporting period, BTC continued to trade above $27,500 in anticipation of the US CPI in April. Blockchain analytics firm Kaiko has highlighted how the US banking crisis continues to affect BTC liquidity across exchanges.

CryptoSlate wMarket Update

Source: Trading View

ethereum

Over the past 24 hours, Ethereum has shown a modest gain of 0.27%, trading at $1,844 as of ET 07:00. Its market dominance rose from 19.4% to 19.5%.

ETH mirrored the price performance of BTC, peaking at $1860 during the reporting period. Earlier this week, ETH whales such as the Ethereum Foundation and Vitalik Buterin sold some of their holdings.

CryptoSlate wMarket Update
Source: Trading View

top 5 price increases

Hippopotamus

KAVA was the biggest gainer of the day, growing 11.26% to $$ over the last 24 hours0.85866 Press time now. The token is up 12% over the last 7 days. Its market cap was he $440.47 million.

Terra USD

UST rose 9.72% to $0.01643 Press time now. The bankrupt stablecoin is down 22% over the past 30 days. Its market capitalization was $160.93 million.

Terra Classic

LUNC grew 7.07% to $ in the last 24 hours0.00009 Press time now. Its market cap was he $530.06 million.

Luxo

LYXe earned 6.77% for trading on $13.8010 and time of writing. NFT related tokens are up 23% over the past month. Its market capitalization was $214.96 million.

Nervos network

CKB rose 5.09% to $0.00330 last 24 hoursIts market capitalization was $134.07 million.

top 5 losers

jasmy coin

JASMY is down 19.46% to trade in $ and is the biggest loser of the day.0.00540 at the time of writing. ITS had a market capitalization of $257 million.

UMA

UMA drops 8.9% to trade in $2.64796Despite today’s drawdown, the token has grown by over 25% over the past month.ITS had a market capitalization of $188.6 million.

iExec RLC

RLC plunges 8.5% to trade on $1.48853press time now. AI-related tokens are on the market, down 14% over the past 30 days. that mThe market cap was $120.57 million.

stack

STX fell 7.7% to $0.90 over the reporting period. The BTC Layer 2 network has dropped over 30% over the past 30 days.ITS had a market cap of $891.36 million.

Wimix

WEMIX drops 7.69% to $0.81664 over the reporting period.ITS had a market capitalization of $204.49 million.

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