In the last 24 hours, cryptocurrency market capitalization recorded a net inflow of around $10 billion and is now at $1.9 trillion, up 0.89% from $1.8 trillion.

During the reporting period, the market caps of Bitcoin and Ethereum fell by 0.53% and 0.52% respectively to $474.77 billion and $205.56 billion.

All of the top 10 crypto assets maintained positive price performance over the past 24 hours, with the exception of Cardano, which fell 0.71%. The biggest risers were Polygon, DogeCoin, Solana, and Polkadot, up by more than 2%.

CryptoSlate wMarket Update
Source: Cryptoslate

Over the past 24 hours, the market cap of Tether (USDT) increased to $73.73 billion. Meanwhile, Binance US Dollar (BUSD) was flat at $8.36 billion while US Dollar Coin (USDC) fell to $38.39 billion.

Bitcoin

Over the past 24 hours, Bitcoin is up 0.35% and is trading at $24,575 as of ET 07:00. Its market dominance fell from 44% to 43.8%.

During the reporting time, Bitcoin broke multiple resistance levels and traded at $26,514, a seven-month high. However, the gain was short-lived as the asset quickly dipped below $25,000, and according to Coinglass data, about $150 million long his position held in the asset was liquidated.

CryptoSlate wMarket Update
Source: Trading View

ethereum

Over the past 24 hours, Ethereum gained 0.42%, trading at $1,687 as of ET 07:00. Its market dominance fell from 19.1% to 19.0%.

ETH’s price performance mirrors Bitcoin’s performance. The asset peaked at $1779 before returning to current levels.

CryptoSlate wMarket Update
Source: Trading View

top 5 price increases

SingularityNET

AGIX was the biggest one-day gainer, rising 38.53% during the reporting period to $0.53 at the time of writing. The value of AI-related tokens skyrocketed after OpenAI released a new model, ChatGPT-4. Its market cap was he $641.45 million.

conflux network

CNX topped the list of gainers for the third consecutive day.Tokens rose 35.88% to $0.33 at time of writingIts market capitalization was $885.98 million.

ribbon finance

RBN is up 30.91% to $0.26 Press time now. Native tokens for decentralized finance (DeFi) projects have increased by 24% over the past seven days. Its market capitalization was $143.42 million.

stack

STX is back on the top gainers list after gaining 30.3% to $1.04 at the time of writing. Bitcoin’s Layer 2 network is up 258% in the last 30 days. Its market capitalization was $1.42 billion.

Immutable X

The IMX rose 27.71% to $1.23. Its market capitalization was $1.08 billion.

top 5 losers

fantasy knight metaverse

MV is the biggest loser of the day, trading down 7.08% for $0.12 at the time of writing. NFT-related tokens have fallen 31% over the past 30 days. Its market capitalization was $217.08 billion.

DAO Maker

DAO fell 6.07% to $At the time of writing it is 0.1.70. DeFi Token is down 6% over the last 7 days. Its market capitalization was $245.95 million.

helium

HNT plunged 5.45% to $2.21. Blockchain networks continue to face controversies regarding user profitability and usefulness. Its market cap was he $309.74 million.

core

CORE fell 3.78% to $2.16. Its market capitalization was $144.95 million.

Everscale

At the time of writing, EVER has fallen 3.05% to $0.097. Projects have fallen 17% over the last seven days. Its market capitalization was $168.84 million.

Posted In: Bitcoin, Wrapped

By Jules

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