Cryptocurrency

Dogecoin down as Musk reconsiders Twitter CEO position

Hull Invest

In the last 24 hours, cryptocurrency market capitalization recorded a net inflow of $3.29 billion and is now up 0.4% to $811.36 billion.

Meanwhile, the market caps of Bitcoin and Ethereum increased by 0.4% and 2.4% respectively to $323.73 billion and $148.44 billion.

The top 10 cryptocurrencies have shown mixed performance over the last 24 hours. Litecoin re-entered the top 10, displacing Shiba Inu and rising 2.6% to $65.23. In contrast, Dogecoin posted its heaviest loss of 3.7% as Elon Musk considered resigning from his Twitter CEO position.

top 10 cryptocurrencies
Source: CryptoSlate.com

During the reporting period, Tether (USDT) market cap recorded a modest gain of $66.22 billion. Meanwhile, USD Coin (USDC) and BinanceUSD (BUSD) decreased slightly to $44.58 billion and $18.35 billion respectively.

Bitcoin

Over the past 24 hours, Bitcoin is up 0.4%, trading at $16,816 as of ET 07:00. Its market share remained flat at 39.9%.

The major cryptocurrency bottomed out at $16,260 on Monday evening (ET) during the reporting period. The Bulls pushed the BTC price to $16,882 before giving up some of those gains.

bitcoin chart
Source: TradingView.com

ethereum

Ethereum has surged 2.4% over the past 24 hours, trading at $1,213 as of 07:00 ET. Its market dominance rose from 17.9% to 18.3% during the reporting period.

ETH’s price performance recorded the second largest token bottom at $1,151 on Monday night (ET) before rising steadily at $1,220 around 06:00.

ethereum chart
Source: TradingView.com

top 5 price increases

risk

LSK increased by 20.2% to $0.86480 Press time now. The company recently moved all its tokens into self-management.Its market capitalization was $111.47Four One million.

Binary X

BNX rose 11.3% to $ over the last 24 hours71.5549Its market capitalization was $201.95 One million.

voyager token

VGX rose 9.2% to $ during the reporting period0.34067 Press time now. Binance has confirmed it will buy the bankrupt platform with his $1.02 billion.Its market capitalization was $94.87 One million.

magic

MAGIC rose 8.2% during the reporting period and traded in $0.68165 Press time now.Its market capitalization was $138.42 metersmillion.

elf

ELF posted a 5.6% gain against the $0.14412 Over the past 24 hours.Its market capitalization was $75.32 One million.

top 5 losers

chain

XCN fell 10.3% to $0.02130 Press time now.Its market capitalization was $457.34 One million.

bone shiva swap

BONE decreased from 9.9% to $0.82115 Press time now.Its market capitalization was $131.96 metersmillion.

FTX token

FTT fell 9.7% to $ during the reporting period0.93751 Press time now. Former FTX CEO Sam Bankman-Fried is being extradited to the US.Its market capitalization was $.308.34 One million.

hooked protocol

HOOK lost 9.3% of its value to $ during the reporting period1.42740 Press time now.Its market capitalization was $71.37 One million.

Elrond

EGLD fell 8.8% to $35.7298 Over the past 24 hours.Its market capitalization was $852.13 One million.

Posted In: Bitcoin, Wrapped

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