Crypto market massacre sees $78 billion in outflows: CryptoSlate Daily wMarket Update
The cryptocurrency market cap has seen a net outflow of $77.63 billion over the past 24 hours and is now at $917.63 billion, down 7.8% from $995.26 billion.
During the reporting period, the market caps of Bitcoin and Ethereum fell by 8.9% and 10% respectively to $381.71 billion and $169.6 billion.
The top 10 crypto assets have recorded losses in the last 24 hours. The biggest losers were Solana, down 11.9%, and Dogecoin, down 11%. Cardano was the best performer, holding losses to his 4.6% amid the market catastrophe.
Over the past 24 hours, the market caps of Tether (USDT) and USD Coin (USDC) increased to $71.76 billion and $43.51 billion, respectively. Meanwhile, Binance USD (BUSD) was flat at $8.4 billion.
Bitcoin
Over the past 24 hours, Bitcoin has fallen 8.9%, trading at $19,729 as of ET 07:00. Its market dominance fell from 42.1% to 41.6%.
During the reporting period, BTC found support at $20,050 after peaking at $21,825. It surged at $20,500 and entered a gentle downtrend, losing $20,000 in the process.
ethereum
Over the past 24 hours, Ethereum has fallen 10%, trading at $1,383 as of ET 07:00. Its market dominance fell from 18.9% to 18.5%.
ETH’s price performance mirrors Bitcoin’s performance. The $1,546 peak was followed by a sharp sell-off that found support at $1,408. The subsequent rally turned into a gentle downtrend with him topping out at $1,449 and hitting a local bottom at $1,370.
top 5 price increases
fantasy knight metaverse
MV was the largest daily riser, rising 8.7% to reach $ during the reporting period0.12979 Press time now. The project recently launched a program to reward creators.Its market capitalization was $221.85 a million.
elf
ELF jumped from 6.3% to $0.29471. aelf has extended its mainnet token swap until June.Its market capitalization was $171.36 a million.
hash flow
HFT is up 2.8% over the last 24 hours, trading in $0.60829 press time nowIts market capitalization was $115.46 a million.
radio kaka
RACA traded for $, up 2.1% over the last 24 hours0.00038The token has fallen 15.4% over the past week.Its market capitalization was $120.96 a million.
Hippopotamus
KAVA rose 0.9% to $0.87093 Press time now. The project recently announced a $750 million developer incentive fund.Its market capitalization was $380.58 a million.
top 5 losers
Floki
FLOKI was the biggest loser of the day, trading down 25.3% for $0.00003 at the time of writing. This token was recently listed on the WazirX exchange.Its market capitalization was $242.49 a million.
onyx coin
XCN fell 22.9% to $0.00598 over the reporting period. The token is down 45.8% over the past month.Its market capitalization was $140.51 a million.
core
CORE lost 22.4% to $2.09076 Press time now.Its market capitalization was $133.53 a million.
Huobi Token
HT contributed 21.4% to $3.80856 Within the last 24 hours.Justin Sun blamed the token flash crash because a leveraged liquidation caused prices to cascade down. Its market cap was $617.88 a million.
SingularityNET
AGIX trades in $, down 20.9% over the last 24 hours0.29556Its market capitalization was $356.24 a million.
