CryptoSlate Daily wMarket Update: Bitcoin taps $26,900 – posting a 39-week high

The cryptocurrency marketplace headdress saw nett inflows of $58.1 cardinal implicit the past 24 hours and presently stands astatine $1.14 trillion – up 5.4% from $1.09 trillion.

Over the reporting period, the marketplace caps of Bitcoin and Ethereum accrued by 7% and 4.6% to $515.4 cardinal and $213.6 billion, respectively.

The apical 10 cryptocurrencies recorded gains successful the past 24 hours, with Bitcoin posting 7% gains to pb the pack, intimately followed by Dogecoin, up 6.7%. Bring up the rear is XRP, expanding by 2.4%.

Source: CryptoSlate.com

In the past 24 hours, the marketplace headdress of Tether (USDT) accrued to $75.4 billion. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) fell to $36.8 cardinal and $8.3 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin accrued 7% to commercialized astatine $26,702 arsenic of 07:00 ET. Its marketplace dominance fell to 45.3% from 44.5%.

During the reporting hours, Bitcoin saw an uptick successful buyers astir Thursday evening. This took the terms of BTC from conscionable nether $25,000 to a highest of $26,870 — a 39-week high.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum grew 4.6% to commercialized astatine $1,742 arsenic of 07:00 ET. Its marketplace dominance fell to 18.7% from 18.8%.

Ethereum besides saw bullish enactment astir 21:00 yesterday to instrumentality the terms from $1,670 to a section apical of $1,755.

Source: TradingView.com

Top 5 Gainers

RSK Infrastructure Framework

RIF is the day’s biggest gainer, rising 18.7% implicit the reporting play to $0.18053 arsenic of property time. The token was precocious listed connected the LBank exchange. Its marketplace headdress stood astatine $172.12 million.

Immutable X

IMX gained 17% to $1.44042 arsenic of property time. The task teased “news soon” regarding the IMX token. Its marketplace headdress stood astatine $1.25 billion.

Stacks

STX is among the day’s apical gainers aft expanding 15.7% to $1.06276 astatine the clip of writing. Stacks 2.1 upgrade is readying for rollout. Its marketplace headdress stood astatine $1.45 billion.

Fantom

FTM surged 15.3% to $0.46786. The task announced its Gas Monetization Program recently. Its marketplace headdress stood astatine $1.3 billion.

Neo

NEO is up 12.9% to $12.1844 arsenic of property time. The task launched its NEO Trading Challenge recently. Its marketplace headdress stood astatine $859.47 million.

Top 5 Losers

Helium

HNT is the day’s biggest loser, falling 12.8% to commercialized astatine $1.72467 at the clip of writing. Binance delisted HNT, effectual March 21. Its marketplace headdress stood astatine $241.45 million.

GensoKishi Metaverse

MV plunged 5.7% to $0.11367 implicit the reporting period. Its marketplace headdress stood astatine $194.3 million.

Kava

KAVA decreased 5.3% to $1.02803 implicit the reporting period. Its marketplace headdress stood astatine $457.51 million.

MAGIC

MAGIC is down 5% to $1.57387. Despite today’s losses, the token is inactive up 44.3% implicit the past week. Its marketplace headdress stood astatine $334.02 million.

Ribbon Finance

RBN fell 3.2% to $0.25369. The token remains up 31.5% implicit the past week. Its marketplace headdress stood astatine $135.16 million.

The station CryptoSlate Daily wMarket Update: Bitcoin taps $26,900 – posting a 39-week high appeared archetypal connected CryptoSlate.