Cryptocurrency market capitalization recorded net inflows of $12 billion in the last 24 hours and is now at $1.1 trillion, up 0.89% from $998.09 billion.
During the reporting period, the market caps of Bitcoin and Ethereum rose by 0.98% and 1.52% respectively to $421.18 billion and $185.72 billion.
Aside from Binance’s BNB and Shiba Inu, the top 10 crypto assets have fallen 0.15% and 0.77% respectively over the past 24 hours. Solana and Cardano recorded the highest gains of 4.08% and 2.4% respectively.
The market caps of Tether (USDT) and Binance USD (BUSD) fell to $68.47 billion and $15.68 billion respectively. In contrast, the market cap of USD Coin (USDC) increased to $41.03 billion.
Bitcoin
Over the past 24 hours, Bitcoin is up 0.74%, trading at $21,810 as of ET 07:00. Its market dominance remained flat at 41.8%.
BTC peaked at $21,489 after falling to a three-week low of $21,400 as the market anticipates January’s US Consumer Price Index (CPI) numbers.
ethereum
Over the past 24 hours, Ethereum gained 1.31%, trading at $1,507 as of ET 07:00. Its market dominance rose from 18.2% to 18.3%.
ETH’s price action mirrored BTC, which traded mostly sideways, peaking at $1,514 during the reporting period.
top 5 price increases
hash flow
HFT was the biggest gainer of the day, rising 34.06% during the reporting period to $0.67 at the time of writing. Binance recently made the project an asset that can be rented while developers work on improving its scalability. Its market capitalization was $125.3 million.
Bitget token
BGB is up 23.17% to $0.407 over the last 24 hours. The cryptocurrency exchange has announced a partnership with fintech firm Capital to participate in Brazil’s Central Bank Digital Currency (CBDC) project. Its market capitalization was $570.61 million.
Terra USD
USTC increased by 14.91% to $0.031 at the time of writing. Failed algorithmic stablecoins rose following news of a planned protocol upgrade scheduled for Feb. 14. Its market capitalization was $305.18 million.
GMX
GMX is up 13.82% and is trading at $70.89 at the time of writing. The decentralized exchange reportedly made more than $5 million in revenue on February 11, according to DeFillama data. Its market capitalization he was $601.8 million.
fetch
At the time of writing, FET has gained 11.82% to $0.43. Artificial intelligence (AI)-related tokens are benefiting from growing interest in AI technology, rising more than 80% over the past 30 days. Its market capitalization was $356.64 million.
top 5 losers
DAO Maker
DAO was the biggest loser of the day, down 9.59% to $1.26 at the time of writing. The token appears to have lost some of the gains it made on February 13th when it rose more than 16%. That market he was $180.66 million.
fantasy knight metaverse
MV has fallen 8.67% over the last 24 hours to $0.18 at the time of writing. NFT-related tokens are down about 10% over the past seven days. Its market cap was he $317.66 million.
Scale Network
SKL plunged 6.84% to $0.049 at the time of writing. The smart contract enabled platform has been put up for sale despite announcing a new integration with the NFT bridge XP Network. Its market cap was he $205.67 million.
Horizon
ZEN is down 5.95% and was trading at $11.99 at the time of writing. Privacy Token is up 11% in the last 30 days. Its market cap was he $160.35 million.
seller network
CELR dropped $3.75% during the reporting period0.019. Polkadot-based tokens recently revealed that their inter-chain messaging (IM) framework currently serves a variety of purposes across 15 decentralized applications. Its market capitalization was $139.53 million.
