CryptoSlate Daily wMarket Update: Crypto markets sell-off after recent bullish form

1 year ago

The cryptocurrency marketplace headdress saw nett outflows of $27.2 cardinal implicit the past 24 hours and presently stands astatine $1,023.36 cardinal — down 2.6% from $1,050.56 billion.

Over the reporting period, the Bitcoin marketplace headdress fell 1.2% to $436.03 cardinal from $441.36 billion. Similarly, Ethereum’s marketplace headdress fell 4.6% to $189.4 cardinal from $198.68 billion.

Over the past 24 hours, the apical 10 cryptocurrencies each posted losses. Cardano suffered the biggest losses, down 5.8%, intimately followed by Dogecoin, which mislaid 5.7%. Market person Bitcoin brought up the rear, down 1.2%.

Top 10 cryptocurrenciesSource: CryptoSlate.com

The marketplace headdress of Tether (USDT) stayed level astatine $66.87 billion, portion USD Coin (USDC) accrued to $43,75 billion, and BinanceUSD (BUSD) fell to $15.32 billion.

Bitcoin

Over the past 24 hours, Bitcoin fell 1.2% to commercialized astatine $22,617 arsenic of 07:00 ET. Its marketplace dominance accrued to 42.6% from 42%.

BTC reached a highest of $23,164 implicit the past day, starring to a crisp dip that recovered enactment astatine $22,297 earlier 21:00 (ET). A muted betterment ensued, but BTC remains beneath the 24 hr highest price.

Bitcoin chartSource: TradingView.com

Ethereum

Ethereum mislaid 4.7% implicit the past 24 hours to commercialized astatine $1,548 arsenic of 07:00 ET. Its marketplace dominance fell to 18.5% from 19.1%.

ETH peaked astatine $1,632 implicit the reporting play earlier signaling a important drawdown to bottommost astatine $1,518.

Ethereum chartSource: TradingView.com

Top 5 Gainers

LCX

LCX is the day’s biggest gainer, expanding 30.6% implicit the reporting play to $0.13104 arsenic of property time. The task precocious announced partnering with Icon. Its marketplace headdress stood astatine $101.11 million.

Audius

AUDIO grew 20.8% successful the past 24 hours to $0.26632. Coinbase precocious announced listing the token. Its marketplace headdress stood astatine $249.27 million.

MXC

MXC roseate 14.7% successful the past 24 hours to $0.03750. The task precocious announced the motorboat of its NEO retail mining rig. Its marketplace headdress stood astatine $99.09 million.

Nervos Network

CKB gained 12.7% to commercialized astatine $0.00368 arsenic of property time. The token roseate by implicit 54% implicit the past month. Its marketplace headdress stood astatine $122.83 million.

CEEK VR

CEEK VR gained 10.3% successful the past 24 hours to $0.12507. The token is up 59% implicit the past month. Its marketplace headdress stood astatine $100.77 million.

Top 5 Losers

ICON

ICX is the day’s biggest loser, falling 17.7% implicit the reporting play to $0.21764 arsenic of property time. Icon wealth marketplace OMM was hacked. Its marketplace headdress stood astatine $205.75 million.

Lido DAO Token

LDO declined 16.1% to $2.26080 as of property time. Despite today’s dip, the token is inactive up 111% implicit the past 30 days. Its marketplace headdress stood astatine $1.86 billion.

WEMIX

WEMIX fell 14.7% implicit the reporting play to $0.59013 arsenic of property time. The token was delisted precocious by respective Korean exchanges implicit inaccurate token data. Its marketplace headdress stood astatine $147.82 million.

MAGIC

MAGIC fell 12.1% successful the past 24 hours to $1.10047. Its marketplace headdress stood astatine $227.72 million.

Flow (Dapper Labs)

FLOW mislaid 11.1% implicit the reporting play to $1.06406 arsenic of property time. Its marketplace headdress stood astatine $1.1 billion.

The station CryptoSlate Daily wMarket Update: Crypto markets sell-off aft caller bullish form appeared archetypal connected CryptoSlate.

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