Home Press Release Bitcoin rejected at $25,000 as mild sell-off wipes $20B from crypto market

Bitcoin rejected at $25,000 as mild sell-off wipes $20B from crypto market

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Cryptocurrency market cap posted a net outflow of $20 billion over the weekend and is now at $1.11 trillion, down 1.68% from $1.13 trillion.

During the reporting period, the market caps of Bitcoin and Ethereum fell by 1.10% and 2.50% respectively to $474.74 billion and $204.77 billion.

All of the top 10 crypto assets recorded losses during the reporting period. XRP posted a modest loss of 0.35%, while Polygon and Solana each lost more than 5%.

CryptoSlate wMarket Update
Source: Cryptoslate

Over the past 24 hours, the market cap of Tether (USDT) increased to $70.44 billion. Meanwhile, the market caps of Binance US Dollar (BUSD) and US Dollar Coin (USDC) fell to $12.68 billion and $41.92 billion respectively.

Bitcoin

Over the past 24 hours, Bitcoin has fallen 1.12%, trading at $24,612 as of ET 07:00. Market share increased from 42.4% to 42.7%.

During the reporting period, BTC plunged early in today’s trading hours after peaking at $25,126.

CryptoSlate wMarket Update
Source: Trading View

ethereum

Over the past 24 hours, Ethereum has fallen 2.41%, trading at $1,672 as of ET 07:00. Its market dominance fell from 18.5% to 18.4%.

ETH’s price performance mirrored that of BTC, peaking above $1,700 during the reporting period and selling during the earlier trading hours of the day.

CryptoSlate wMarket Update
Source: Trading View

top 5 price increases

tococrypt

TKO was the biggest gainer of the day, rising 20.71% to $ during the reporting period0.41127 Press time now. Centralized exchange tokens have seen increased interest from the community after Binance acquired its parent company.Its market capitalization was $204.71 metersa million.

we mix

WEMIX jumped from 18.49% to $2.58901 Press time now. NFT token has gained 350% in the last 30 days. Its market capitalization was $634.27 million.

SingularityNET

AGIX is up 15.57% to trade on $0.45105 when pressed. AI Token is up 150% over the last 30 days. Its market cap was he $547.29 million.

Neo

NEO traded for $, gaining 14.24% over the last 24 hours14.0615Impressive price performance during the reporting period reached a nine-month high. Its market cap was he $991.88 million.

fetch

FET is up 14.08% over the last 24 hours, trading in $0.48776 Press time nowAI Token is up 12% over the last 7 days. Its market cap was he $399.43 million.

top 5 losers

alchemy pay

ACH was the biggest loser of the day, down 11.73% to $0.03732 Press time now. Payment Gateway Token recently launched support for Google Pay for crypto assets. Its market capitalization was $189.68 million.

Luxo

LYXe put 11.38% into $10.8828 Within the last 24 hours. It is unclear why the token was sold. Its market cap was he $167.66 million.

Metis DAO

Metis Lost 10.97% trading with $37.2770 at the time of writing. Its market cap was he $165.81 million.

iOS token

IOST has fallen 10.05% to trade in $ over the last 24 hours0.01328The IOST token has lost part of the 33% profit achieved on February 20th. Its market cap was he $248.44 million.

Floki dog

Memecoin has been on CryptoSlate’s top losers list for the second day in a row. FLOKI fell 9.81% to $0.0000391413 Within the last 24 hours. Its market cap was he $401.07 million.

Posted In: Bitcoin, Wrapped
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