CryptoSlate wMarket Update: Bitcoin trades flat in mute market performance

In the past 24 hours, the cryptocurrency marketplace headdress saw nett outflows of astir $1 cardinal and presently stands astatine $1.14 trillion — down 0.06%.

During the period, Bitcoin (BTC) and Ethereum’s (ETH) marketplace headdress roseate 0.19% and 0.47% to $535.5 cardinal and $222.16 billion, respectively.

Tron was the biggest gainer among the apical 10 assets. Others similar Bitcoin, Ethereum, and XRP posted insignificant gains of little than 1%.

Meanwhile, Polygon and Cardano fell by much than 2%, respectively.

Source: CryptoSlateThe marketplace headdress of Tether (USDT) grew to $82.52 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.16 cardinal and $5.79 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin roseate 0.1% to commercialized astatine $27,611 arsenic of 07:00 ET. Its marketplace dominance remained roseate to 47% from 46.9%.

During the reporting period, BTC continued to commercialized supra $27,500 successful anticipation of April’s U.S. Consumer Price Index numbers. Blockchain analytical steadfast Kaiko has highlighted however the U.S. banking situation has continued to interaction BTC’s liquidity crossed exchanges.

Source: Tradingview

Ethereum

Over the past 24 hours, Ethereum saw a marginal summation of 0.27% to commercialized astatine $1,844 arsenic of 07:00 ET. Its marketplace dominance roseate to 19.5% from 19.4%.

ETH mirrored BTC terms performance, peaking astatine $1860 during the reporting period. Earlier successful the week, ETH whales similar Ethereum Foundation and Vitalik Buterin dumped immoderate of their holdings.

Source: Tradingview

Top 5 Gainers

KAVA

KAVA is the day’s biggest gainer, increasing 11.26% implicit the past 24 hours to $$0.85866 as of property time. The token is up 12% successful the erstwhile 7 days. Its marketplace headdress stood astatine $440.47 million.

TerraUSD

UST roseate 9.72% to $0.01643 as of property time. The failed stablecoin is down 22% implicit the past 30 days. Its marketplace headdress stood astatine $160.93 million.

Terra Classic

LUNC grew 7.07% implicit the past 24 hours to $0.00009 as of property time. Its marketplace headdress stood astatine $530.06 million.

LUKSO

LYXe gained 6.77% to commercialized astatine $13.8010 at the clip of writing. The NFT-related token has risen by 23% implicit the past month. Its marketplace headdress stood astatine $214.96 million.

Nervos Network

CKB gained 5.09% to $0.00330 over the past 24 hours. Its marketplace headdress stood astatine $134.07 million.

Top 5 Losers

JasmyCoin

JASMY is the day’s biggest loser, falling 19.46% to commercialized astatine $0.00540 at the clip of writing. Its marketplace headdress stood astatine $257 million.

UMA 

UMA dropped 8.9% to commercialized astatine $2.64796. Despite today’s drawdown, the token has accrued much than 25% implicit the past month. Its marketplace headdress stood astatine $188.6 million.

iExec RLC

RLC plunged 8.5% to commercialized astatine $1.48853as of property time. The AI-related token is experiencing a sell-off, down 14% successful the past 30 days. Its market headdress stood astatine $120.57 million.

Stacks

STX mislaid 7.7% to $0.90 over the reporting period. The BTC layer2 web has shed implicit 30% successful the past 30 days. Its marketplace headdress stood astatine $891.36 million.

WEMIX

WEMIX fell 7.69% to $0.81664 over the reporting period. Its marketplace headdress stood astatine $204.49 million.

The station CryptoSlate wMarket Update: Bitcoin trades level successful mute marketplace performance appeared archetypal connected CryptoSlate.