The cryptocurrency market registered a net outflow of $41.5 billion over the past 24 hours and is now at $1.01 trillion, down 3.9% from $1.6 trillion.
During the reporting period, Bitcoin (BTC) and Ethereum (ETH) market caps fell by 4.2% and 6.5% respectively to $482.59 billion and $196.32 billion.
Over the past 24 hours, all the top 10 cryptocurrencies have recorded losses, with Polygon losing the most by 7.9%, followed by Cardano, down 7%.
The market caps of Tether (USDT), USD Coin (USDC) and Binance USD dropped to $83.39 billion, $28.09 billion and $4.5 billion respectively.
Bitcoin
Bitcoin is down 4.2% over the past 24 hours, trading at $24,861 as of 7:00 ET. Market power fell from 47.6% to 47.5%.
BTC suffered a sharp decline late Wednesday afternoon (ET), with support at $24,850. The Fed suspended its rate hike program about two hours ago. Since then, BTC has traded between $24,900 and $25,220.
ethereum
Ethereum is down 6.5% over the past 24 hours, trading at $1,633 as of 7:00 ET. Market power fell from 19.8% to 19.3%.
During the reporting period, ETH followed a similar pattern to BTC, finding a local bottom at $1,632 by late Wednesday afternoon (ET) and hitting a new daily low of $1,625 about 12 hours later.
Top 5 climbers
Terra USD
USTC was the biggest gainer of the day, rising 11% to $0.01293 over the past 24 hours. At the time of writing this article.Its market capitalization was $225.1 a million.
Kaspa
KAS gains 8% over the last 24 hours to the dollar0.018 At the time of writing this article. Kucoin We recently added the KAS/USDT margin trading pair.Its market capitalization was $346.55 a million.
trust wallet token
TWT rises 7.9% to dollar0.81 At the time of writing this article. The project was sponsored by twitter space We’ve been talking about wallet security lately.Its market capitalization was $340.91 a million.
USDX
USDX rose 6.8% over the last 24 hours, trading in dollars.0.82 and writing time.Its market capitalization was $91.78 a million.
ordinal number
ORDI rose 3.7% to the dollar5.54 Within the last 24 hours.this is Market capitalization was $116.43 a million.
top 5 losers
Tominetto
TOMI was the biggest loser of the day, down 13.7% against the dollar.4.11466 At the time of press. The token is bitmart exchange recently.Its market capitalization was $268.97 a million.
shorthand
INJ fell 11.7% trading in $5.49 at the time of pressing.Its Market capitalization was $439.43 a million.
Pendle
The pen dollar fell 9.9% to the dollar0.42 during the reporting period.this is Market capitalization was $84.48 a million.
Abe
AAVE fell 11.3% against $49.31 As of press time. DeFi lending protocols have been embroiled in an anomaly related to the sale of USDT and the resulting liquidity pool imbalance.ITSmArquette’s cap was $711.41 a million.
risk
LISK has fallen 11.4% over the past 24 hours, trading in dollars.0.69 At the time of writing. Lisk’s Discord hacked.thathad a market capitalization of $89.81 a million.
