Cryptocurrency

Flat weekend sees Bitcoin defend $22,200: CryptoSlate Daily wMarket Update

Since the last wMarket report, cryptocurrency market cap has registered a net outflow of $6.2 billion and is now at $1.2 trillion, down 0.6% from $1.3 trillion.

Since last Friday, Bitcoin and Ethereum market caps have fallen by 0.05% and 0.1% respectively to $432.2 billion and $191.4 billion.

The top 10 crypto assets have posted losses in the last 24 hours, with Litecoin the worst with a 3.4% drop. Meanwhile, market leader Bitcoin trailed behind, dropping just 0.1% over the period.

top 10 cryptocurrencies
Source: CryptoSlate.com

Over the past 24 hours, the market caps of Tether (USDT) and USD Coin (USDC) increased to $71.49 billion and $43.91 billion respectively. Meanwhile, Binance USD (BUSD) fell to $8.7 billion.

Bitcoin

Over the past 24 hours, Bitcoin has fallen 0.1%, trading at $22,383 as of 07:00 ET. Its market dominance increased from 42.1% to 42.3%.

Since last Friday, BTC has peaked at $22,663, but the bulls have failed to sustain the rally and found support at $22,188. Since then, major cryptocurrencies have fluctuated between $22,261 and $22,560.

bitcoin chart
Source: TradingView.com

ethereum

Over the past 24 hours, Ethereum has fallen 0.3%, trading at $1,565 as of ET 07:00. Its market dominance increased slightly from 18.7% to 18.8%.

Over the weekend, ETH reached $1,588 on Saturday night. After that, the bears took the lead and pushed the price down to $1,552. Since then, the token has hovered between $1,555 and $1,579.

ethereum chart
Source: TradingView.com

top 5 price increases

voyager token

VGX was the biggest one-day gainer, rising 9.9% to $ during the reporting period0.41048 Press time now. The platform continues to roll out payments to Chapter 11 creditors.Its market capitalization was $114.31 a million.

Biggert

BRISE is up 9.5% over the last 24 hours, trading in $0.000000529380 press time nowIts market capitalization was $212.19 a million.

Gala

GALA surges 8.1% to trade in $0.03868 Press time now. No new significant fundamental developments were seen.Its market capitalization was $269.87 a million.

Kaspa

KAS traded for $, gaining 5.4% over the last 24 hours0.01282The project protocol is being implemented in Rust.Its market capitalization was $219.14 a million.

Decentraland

MANA rose 3.8% to $0.60151 Press time now. Metaverse Fashion Week is approaching.Its market capitalization was $1.12 a billion.

top 5 losers

Cocos-BCX

COCOS was the biggest loser of the day, down 8.8% to trade in $1.57888 at the time of writing.Its market capitalization was $112.18 a million.

dash

DASH lost 7% to $62.3668 Press time now.Its market capitalization was $693.56 a million.

Alethea Liquid Intelligence

ALI put 6.8% into $0.06246 Within the last 24 hours. Despite today’s loss, the token is up 53.6% over the past month.Its market capitalization was $224.13 a million.

SingularityNET

AGIX is down 7.3% to trade in $ over the last 24 hours0.44199Its market capitalization was $532.21 a million.

Len

REN fell 5.31% to $0.11283 over the reporting period.Its market capitalization was $112.73 a million.

Posted In: Bitcoin, Wrapped

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