CryptoSlate Daily wMarket Update: Crypto market unshaken despite Genesis bankruptcy

1 year ago

The cryptocurrency marketplace headdress saw nett inflows of $11.64 cardinal successful the past 24 hours and presently stands astatine $976.82 cardinal — up 1.19% from $965.18 billion.

Bitcoin and Ethereum’s marketplace headdress grew 1.06% and 1.94% to $404.19 cardinal and $189.82 billion, respectively, implicit the past day.

The apical 10 cryptocurrencies posted gains implicit the reporting period, excluding Binance-backed BNB which was down 0.68%.

Shiba Inu and Ethereum recorded the highest gains successful the past 24 hours — up implicit 2% each.

CryptoSlate wMarket updateSource: CryptoSlate

In the past 24 hours, the marketplace caps of Tether (USDT) and USD Coin (USDC) stayed level astatine $66.48 cardinal and $43.11 billion, respectively. The marketplace headdress of BinanceUSD (BUSD) roseate to $16.32 billion.

Bitcoin

BTC roseate 1.07% to commercialized astatine $20,966 arsenic of 07:00 ET. Its marketplace dominance remained level astatine 41.4%.

In the past 24 hours, Bitcoin traded supra $21,000 contempt the bankruptcy of crypto lender Genesis. The flagship integer plus peaked astatine $21,175 and bottomed astatine $20,689.

CryptoSlate wMarket updateBTC 24-Hour Price Performance (Source: Tradingview.com)

Ethereum

Ethereum grew 2.08% implicit the past 24 hours to commercialized astatine $1,551 arsenic of 07:00 ET. Its marketplace dominance accrued to 19.4% from 19.3%.

ETH mostly traded sideways successful the past 24 hours pursuing Genesis’ bankruptcy. The second-largest integer plus by marketplace headdress peaked astatine $1559 and bottomed astatine $1515.

CryptoSlate wMarket updateETH 24-Hour Price Performance (Source: Tradingview.com)

Top 5 Gainers

Saitama

SAITAMA is the day’s biggest gainer, expanding 37.18% implicit the reporting play to $$0.00244 as of property time. The Ethereum-based NFT token is up 100% successful the past 30 days. Its marketplace headdress stood astatine $94.29 million.

FTX Token

FTT is among the day’s apical gainers, increasing 25% successful the past 24 hours to $2.304. The embattled speech token saw renewed involvement pursuing FTX CEO John Ray’s comments connected restarting the firm. Its marketplace headdress stood astatine $762.91 million

Hooked Protocol

HOOK gained 22.65% to commercialized astatine $1.89853 arsenic of property time. The gaming token roseate by implicit 30% successful the past 7 days. Its marketplace headdress stood astatine $94.93 million.

Wax

WAXP is different gaming token connected the apical gainers database with a 15.68% summation successful the past 24 hours to $0.07207. The token is up 49.26% successful the past 30 days. Its marketplace headdress stood astatine $168.24 million.

Nexo

NEXO roseate 14.85% successful the past 24 hours to $0.82256. The crypto lender reached a $44.5 cardinal colony with U.S. regulators for failing to registry its retail lending product. Its marketplace headdress stood astatine $460.63 million.

Top 5 Losers

TNC Coin

TNC is the day’s biggest loser, falling 37.18% implicit the reporting play to $$0.00244 as of property time. The Ethereum-based NFT token is up 7% successful the past 30 days. Its marketplace headdress stood astatine $581.94 million.

Decentraland

MANA declined 3.85% to $0.626 arsenic of property time. The NFT token roseate by implicit 40% successful the past 7 days. Its marketplace headdress stood astatine $1.16 billion.

WOO Network

WOO 3.45% decreased successful the past 24 hours to $0.18431. The inferior token roseate 59% implicit the past month. Its marketplace headdress stood astatine $302.02 million.

Kusama

KSM fell 3.57% successful the past 24 hours to $33.4252. Its marketplace headdress stood astatine $283.11 million.

Storj

STORJ is down 2.57% implicit the reporting play to $0.33192. The filesharing token has shed immoderate of the gains it made implicit the past 30 days — during this period, the token gained 30%. Its marketplace headdress stood astatine $137.06 million.

The station CryptoSlate Daily wMarket Update: Crypto marketplace unshaken contempt Genesis bankruptcy appeared archetypal connected CryptoSlate.

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