CryptoSlate wMarket Update: Bitcoin loses $29k as crypto market cap crumbles a further $9.6B

Over the past 24 hours, the cryptocurrency marketplace headdress saw nett outflows of $9.6 cardinal and presently stands astatine $1.22 trillion — down 0.8% from $1.22 trillion.

During the reporting period, Bitcoin and Ethereum’s’ marketplace headdress fell 1.2% and 1.1% to $558.43 cardinal and $235.22 billion, respectively.

The apical 10 cryptocurrencies posted losses implicit the past time but for Dogecoin, which accrued by 4.9%, and XRP, up 0.1%. Meanwhile, Litecoin recorded the astir important drawdown, losing 4.8% successful value.

Source: CryptoSlate.com

The marketplace headdress of Tether (USDT) grew to $81.32 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $31.24 cardinal and $6.61 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin fell 1.2% to commercialized astatine $28,826 arsenic of 07:00 ET. Its marketplace dominance fell to 46% from 46.2%.

Over the reporting period, Bitcoin trended down, with a crisp spill occurring astatine astir 19:00 (ET) yesterday, losing $29,000. The $28,550 portion provided support.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum (ETH) fell 1.1% to commercialized astatine $1,954 arsenic of 07:00 ET. Its marketplace dominance grew to 19.4% from 19.3%.

The 2nd largest marketplace headdress cryptocurrency dipped astatine 19:00 (ET) yesterday, uncovering enactment astatine $1,924 connected 2 occasions. The consequent bounce led to a gradual uptrend that peaked astatine $1,964.

Source: TradingView.com

Top 5 Gainers

Polymesh

POLYX is the day’s biggest gainer increasing 28.3% implicit the past 24 hours to $0.21456 arsenic of property time. Binance joined the Polymesh web arsenic a node operator. Its marketplace headdress stood astatine $131.44 million.

Cocos-BCX

COCOS gained 12.5% to commercialized astatine $1.85919 at the clip of writing. The task was precocious rebranded to COMBO. Its marketplace headdress stood astatine $132.1 million.

HEX

HEX roseate 10.9% to $0.07125 implicit the past 24 hours. The v4 PulseChain testnet was launched. Its marketplace headdress stood astatine $12.36 billion.

BitTorrent

BTT grew 9.7% to $0.000000702515 during the reporting period. The BTFS decentralized retention solution is unfastened for sign-up. Its marketplace headdress stood astatine $650.03 million.

Radiant Capital

RDNT is up 8% to $0.45154 arsenic of property time. The task launched its Fusion DeFi product. Its marketplace headdress stood astatine $118.72 million.

Top 5 Losers

TEMDAO

TEM is the day’s biggest loser, falling 16.4% to commercialized astatine $0.01352 at the clip of writing. The token was a apical 5 loser yesterday. TEM is down 92.6% implicit the past 30 days. Its marketplace headdress stood astatine $366.37 million.

Blur

BLUR declined 9.5% to $0.66248 over the reporting period. Despite today’s sell-off, the token is inactive up 18.7% implicit the past 30 days. Its marketplace headdress stood astatine $293.88 million.

Zilliqa

ZIL declined 8.5% to $0.03117 over the reporting period. Its marketplace headdress stood astatine $494.57 million.

MobileCoin

MOB dropped 7.9% to commercialized astatine $1.21300. Its marketplace headdress stood astatine $236.88 million.

ssv.network

SSV dropped 7.4% to commercialized astatine $30.1403. The task said it was nearing the completion of its StakeWise V3 product. Its marketplace headdress stood astatine $301.4 million.

The station CryptoSlate wMarket Update: Bitcoin loses $29k arsenic crypto marketplace headdress crumbles a further $9.6B appeared archetypal connected CryptoSlate.