CryptoSlate wMarket Update: Bitcoin maintains $29k in flat market performance

The cryptocurrency marketplace headdress saw nett outflows of $10 cardinal implicit the past 24 hours and presently stands astatine $1.19 trillion — down 0.6% from $1.20 trillion.

During the reporting period, Bitcoin (BTC) and Ethereum’s (ETH) marketplace headdress fell 0.37% and 0.36% to $563.62 cardinal and $229.12 billion, respectively.

All of the apical 10 cryptocurrencies recorded losses implicit the past 24 hours. Solana fell the highest with a nonaccomplishment of implicit 2%, portion others mostly recorded losses of little than 1%.

Source: CryptoSlate

The marketplace headdress of Tether (USDT) grew to $82.09 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.12 cardinal and $5.97 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin fell 0.41% to commercialized astatine $29,118 arsenic of 07:00 ET. Its marketplace dominance stayed level astatine 47.2%.

BTC’s on-chain enactment has risen to caller highs during the archetypal week of this period acknowledgment to the increasing involvement successful BTC NFTs.

Meanwhile, CryptoSlate Insight reported that BTC’s spot commercialized measurement declined by 70% successful April.

Source: Tradingview.com

Ethereum

Over the past 24 hours, Ethereum declined 0.33% to commercialized astatine $1,905 arsenic of 07:00 ET. Its marketplace dominance besides stayed level astatine 19.2%.

During the reporting period, ETH peaked astatine $1,913 during the aboriginal trading hours of today.

Source: Tradingview.com

Top 5 Gainers

UMA

HEX is the day’s biggest gainer, increasing 38.92% implicit the past 24 hours to $2.83660 as of property time. Crypto information aggregator Luna Crush listed it among its apical 10 assets based connected performance. Its marketplace headdress stood astatine $201.85 million.

Radicle

RAD gained 28.68% to commercialized astatine $5.36211 at the clip of writing. The token tops CryptoSlate apical gainers database of the past 30 days, up 209%. Its marketplace headdress stood astatine $267.19 million.

Decred

DCR grew 10.9% implicit the past 24 hours to $19.3478 as of property time. Its marketplace headdress stood astatine $288.78 million.

BinaryX

BNX roseate 5.17% to $0.61656 as of property time. The BNB Chain-based gaming level has introduced a caller abstraction simulation crippled Project Mathew to its community. Its marketplace headdress stood astatine $178.26 million.

Radiant

RDNT gained 4.83% to $0.42172 over the past 24 hours. Crypto.com precocious listed the token connected its platform. Its marketplace headdress stood astatine $112.35 million.

Top 5 Losers

RSK Infrastructure Framework

RIF is the day’s biggest loser, falling 9.09% to commercialized astatine $0.13080 at the clip of writing. The filesharing token has experienced minimal sell-off implicit the past week, down 0.06%. Its marketplace headdress stood astatine $125.58 million.

Stacks

STX mislaid 7.34% to $0.73028 over the reporting period. Interest successful the layer2 web has remained precocious with the emergence of BTC NFTs. Its marketplace headdress stood astatine $1 billion.

Bone Shibaswap

BONE dropped 7.22% to commercialized astatine $0.87442. The project’s token holders surpassed 83,000 earlier today. Its marketplace headdress stood astatine $201.05 million.

Space ID

ID plunged 5.87% to commercialized astatine $0.57483 as of property time. Its marketplace headdress stood astatine $175.03 million.

Core

CORE fell 5.76% to $1.25647 over the reporting period. The EVM-Compatible layer1 blockchain web has shed implicit 17% successful the past 7 days. Its marketplace headdress stood astatine $140.85 million.

The station CryptoSlate wMarket Update: Bitcoin maintains $29k successful level marketplace performance appeared archetypal connected CryptoSlate.