CryptoSlate wMarket Update: Ethereum’s rally above $2,100 pulls broader market along
The cryptocurrency market capitalization recorded a net inflow of $40 billion and is now at $1.29 trillion, up 2.12% from $1.25 trillion.
Over the past 24 hours, the market caps of Bitcoin and Ethereum have risen 1.92% and 6.03% respectively to $596.1 billion and $254.42 billion.
All the top 10 cryptocurrencies rose during the reporting period, with Cardano and Ethereum each up more than 6%. Other assets such as Solana, XRP, BNB, Litecoin, Polygon and Polkadot each rose more than 3%.
Tether (USDT) market cap increased to $80.82 billion. Meanwhile, the market caps of USD Coin (USDC) and Binance USD (BUSD) fell to $31.94 billion and $6.71 billion respectively.
Over the past 24 hours, Bitcoin is up 1.84% and is trading at $30,782 as of ET 07:00. Market domination decreased from 46.9% to 46.4%.
Around $240 million worth of BTC was withdrawn from cryptocurrency exchanges during the reporting period. Speculation is growing that the flagship digital asset could soon trade above $31,000.
Over the past 24 hours, Ethereum surged 6.22%, trading at $2,114 at 07:00 ET. Its market dominance rose from 19.2% to 19.8%.
Ethereum Continued to Rise After Chapela Upgrade Crypto traders have started taking long positions in the asset, and its outstanding interest rate level has surged to its highest level since January.
top 5 price increases
ID is the biggest one-day gainer, growing 32% to $ in the last 24 hours.0.67328 Press time now. This token was also his one of the biggest gainers on April 13th. Its market capitalization he was $192.56 million.
ICX rose 22.7% to trade on $0.35985 and time of writing. The smart contract network has grown by 75% in the past month. Its market cap was he $343.39 million.
RON rises 19.42% to $1.43254 last 24 hoursThe EVM-based blockchain token surged to an all-time high of $1.44281 during early trading hours. Its market cap was he $294.35 million.
ARB gains 18.91% to $1.56081 Press time now. The Ethereum Layer 2 Scaling Solution is currently embroiled in governance issues over the past two weeks. Its market capitalization was $1.99 billion.
LRC grew 15.52% to $0.41380 during the reporting period. The token is up 29% over the last 30 days. Its market capitalization was $550.41 million.
top 5 losers
FTT is down 3.04% to trade at $$ and is the biggest loser of the day.2.16505 at the time of writing. The token saw its biggest gain on April 13th. Its market cap was he $712.02 million.
MC appears to have lost some of its April 13 gain.Token fell 2.08% to $0.33477 Press time now. Its market cap was he $125.79 million.
MED falls 1.51% to $0.01786 over the reporting period. The token is up 7% over the past month.ITS had a market capitalization of $123.41 million.
QNT drops 1.50% to trade on $121.995After the reported hack of the Bitrue exchange, the value of the blockchain network rapidly declined.Its had a market capitalization of $1.47 a billion.
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MV decreased by 0.65% to $0.14092. That market was $240.88 million.
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