CryptoSlate wMarket update: Bitcoin consolidates at $29k as Ethereum inches closer to $2k

In the past 24 hours, the cryptocurrency marketplace headdress saw nett inflows of $10 cardinal and presently stands astatine $1.21 trillion — up 0.78% from $1.20 trillion.

Bitcoin and Ethereum’s marketplace headdress roseate 0.92% and 1.08% to $567.06 cardinal and $230.13 cardinal during the reporting period, respectively.

The apical 10 cryptocurrencies recorded gains during the reporting play but for BNB and Polkadot, which posted losses. The biggest gainers were Solana and XRP, which gained much than 2%, respectively.

Source: CryptoSlate

The marketplace headdress of Tether (USDT) somewhat grew to $81.64 billion. In contrast, Binance USD (BUSD) and USD Coin (USDC) fell to $6.28 cardinal and $30.52 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin accrued 0.94% to commercialized astatine $29,267 arsenic of 07:00 ET. Its marketplace dominance remained level astatine 47%.

During the reporting period, BTC consolidated supra $29,000 aft the erstwhile terms chaotic swings. The flagship integer plus peaked astatine $29,871 earlier retracing to its existent levels.

Source: Tradingview

Ethereum

Over the past 24 hours, Ethereum is up 1.36% to commercialized astatine $1,910 arsenic of 07:00 ET. Its marketplace dominance roseate to 19.1% from 19.0%.

ETH inched person to the $2000 people during the reporting period. The full fig of staked ETH deposits person flipped withdrawals post-Shapella upgrade.

Source: Tradingview

Top 5 Gainers

Internet Computer

ICP is the day’s biggest gainer, increasing 11.58% implicit the past 24 hours to $6.03621 as of property time. Blockchain analytical steadfast Santiment ranked it arsenic 1 of the projects with precocious improvement enactment rates successful the erstwhile 30 days. Its marketplace headdress stood astatine $2.63 billion.

Blur

BLUR gained 10.86% to commercialized astatine $0.70153 at the clip of writing. Despite the falling numbers crossed the sector, the NFT marketplace remains a ascendant subordinate successful the space. Its marketplace headdress stood astatine $316.55 million.

Render Token

RNDR grew 10.74% implicit the past 24 hours to $2.51257 as of property time. CryptoSlate reported that the token has accrued by much than 40% successful the erstwhile 2 days aft its assemblage approved the network’s Solana (SOL) enlargement plans. Its marketplace headdress stood astatine $914.35 million.

Nervos Network

CKB roseate 9.83% to $0.00416 over the past 24 hours. The token has decreased by implicit 18% successful the erstwhile 30 days. Its marketplace headdress stood astatine $168.42 million.

tomiNET

TOMI is backmost among the apical gainers aft rising 6.82% to $3.18862 as of property time. Its marketplace headdress stood astatine $126.4 million.

Top 5 Losers

RSK Infrastructure Framework

RIF is the day’s biggest loser, falling 6.98% to commercialized astatine $0.13090 at the clip of writing. The privateness token is up 13% successful the past 7 days. Its marketplace headdress stood astatine $125.67 million.

Hex

HEX is connected the apical loser’s database for the 2nd consecutive day. It declined 5.95% to $0.05369 over the reporting period. Its marketplace headdress stood astatine $9.31 billion.

Wrapped BNB

WBNB plunged 3.27% to commercialized astatine $320.820 as of property time. Its marketplace headdress stood astatine $796.35 million.

BNB

BNB dropped 3.02% to commercialized astatine $320.843. The Binance-backed coin is down 20% implicit the past year. Its marketplace headdress stood astatine $50.01 billion.

MultiversX

SXP appears to person shed immoderate of its gains of April 27. The token fell 2.46% to $44.2375 over the reporting period. Its marketplace headdress stood astatine $1.12 billion.

The station CryptoSlate wMarket update: Bitcoin consolidates astatine $29k arsenic Ethereum inches person to $2k appeared archetypal connected CryptoSlate.