Cryptocurrency

XRP leads large caps as market recovers recent losses

The cryptocurrency market has seen net inflows of $17.1 billion over the past 24 hours and is now at $1.14 trillion, up 1.5% from $1.12 trillion.

During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) increased by 1.8% and 1.2% to $529.94 billion and $219.63 billion, respectively.

The top 10 crypto assets have registered gains in the last 24 hours. Positive developments in SEC litigation and acquisition of custodian Metaco led XRP up 3.7%. Litecoin recorded the smallest gain of 0.5%.

top 10 cryptocurrencies
Source: CryptoSlate.com

Tether (USDT) market cap increased to $82.85 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) dropped to $29.49 billion and $5.54 billion respectively.

Bitcoin

Over the past 24 hours, bitcoin is up 1.8%, trading at $27,350 as of 7:00 ET. Market power increased from his 46.4% to his 46.5%.

During the reporting period, BTC rose to a new all-time high of $27,500. The Bitcoin bulls held most of the gains, defending $27,160 and sparking another uptrend early in the morning (Eastern time).

bitcoin chart
Source: TradingView.com

ethereum

Ethereum is up 1.2% over the past 24 hours, trading at $1,826 as of 07:00 ET. Market power he held steady at 19.3%.

During the reporting period, ETH’s price movement followed a similar pattern to Bitcoin, peaking at $1,835 by Wednesday evening. A slight drop rebounded at $1,815, triggering a rally that met resistance at $1,832.

ethereum chart
Source: TradingView.com

Top 5 climbers

render token

The RNDR was the biggest gainer of the day, rising 17.5% to the dollar over the past 24 hours.2.34706 At the time of writing this article.Its market capitalization was $854.12 a million.

Cocos-BCX

COCOS gained 16.8% over the last 24 hours to $.1.63858 At the time of writing this article. Binance will support upcoming token swaps and rebrand to COMBO.Its market capitalization was $116.42 a million.

tomo chain

TOMO rises 16.5% to the dollar1.04347 At the time of writing this article. This project will participate in Web3 Berlin on June 10th and 11th.Its market capitalization was $105.35 a million.

Descartes

CTSI gains 16.2% against dollar0.19932 over the last 24 hours. Cartesi hosted a panel discussion with other Ethereum ecosystem projects on May 17th. Its market capitalization he was $2000.144.18 a million.

ssv.Network

SSV rose 11.9%, traded in dollars23.8130 and writing time. The project has announced that it will partner with Unamano on its ETH staking application.Its market capitalization was $238.13 a million.

top 5 losers

Axie Infinity

AXS was the biggest loser of the day, down 6.1% against the dollar.7.21966 At the time of press. Axie Infinity posted the top lift yesterday after the game was listed on his Apple App Store.Its market capitalization was $844.39 a million.

Axela

AXL fell 5%, $0.49379. Axela Co-Founder Sergey Gorbunov I recently appeared on the Bankless Podcast.this is Market capitalization was $129.48 a million.

Gala

GALA falls 3.9% against the dollar0.03268 As of press time. The project recently moved to a new contract address. it’s meterArquette’s cap was $228 a million.

bitgart

BRISE fell 2.9% against the dollar0.000000349444 during the reporting period. This project plans to release a Web3 real estate marketplace.ITS market cap was $139.44 a million.

ton coin

TON fell 1.8% to the dollar1.95648 during the reporting period. The Toncoin Hackathon will be held on his May 27th.had a market capitalization of $2.39ba million.

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