CryptoSlate wMarket Update: False US government Bitcoin selling rumors trigger mild sell-off

In the past 24 hours, the cryptocurrency marketplace headdress saw nett outflows of astir $10 cardinal and presently stands astatine $1.13 trillion — down 0.36% from $1.14 trillion.

During the period, Bitcoin (BTC) and Ethereum’s (ETH) marketplace headdress fell 0.50% and 1.06% to $531.38 cardinal and $219.29 billion, respectively.

All apical 10 crypto assets recorded losses successful the past 24 hours — but Polkadot, BNB, and Cardano, which saw minimal gains.

Source: CryptoSlate

The marketplace headdress of Tether (USDT) grew to $82.66 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.12 cardinal and $5.76 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin fell 0.51% to commercialized astatine $27,472 arsenic of 07:00 ET. Its marketplace dominance remained fell to 46.9% from 47%.

During the reporting period, BTC’s terms sharply descended to $26,883 aft breaching the $28,000 level. The flagship plus sell-off was triggered by mendacious rumors that the U.S. authorities was moving its holdings.

Source: Tradingview

Ethereum

Over the past 24 hours, Ethereum saw a declined 1.13% to commercialized astatine $1,823 arsenic of 07:00 ET. Its marketplace dominance fell to 19.3% from 19.5%.

ETH mirrored BTC’s terms performance, bottoming astatine $1,795 earlier rebounding to its existent levels.

Source: Tradingview

Top 5 Gainers

Aragon

ANT is the day’s biggest gainer, increasing 17.3% implicit the past 24 hours to $3.24027 as of property time. The token is up 12% successful the erstwhile 7 days. Its marketplace headdress stood astatine $129.71 million.

Hex

HEX roseate 15.06% to $0.06680 as of property time. HEX laminitis Richard Heart says PulseChain is launching wrong 7 days. Its marketplace headdress stood astatine $11.58 billion.

Liquity

LQTY gained 7.2% to commercialized astatine $1.27271 at the clip of writing. The Ethereum-based token has shed 26% implicit the past week. Its marketplace headdress stood astatine $214.96 million.

Open Campus

EDU jumped 6.8% to $1.12873 over the past 24 hours. The decentralized acquisition protocol onboarded Dalton Learning Lab earlier today. Its marketplace headdress stood astatine $163.8 million.

aelf

ELF grew 6.86% implicit the past 24 hours to $0.29884 as of property time. Its marketplace headdress stood astatine $117.05 million.

Top 5 Losers

Pepe

PEPE is the day’s biggest loser, falling 14.64% to commercialized astatine $0.0000016307 at the clip of writing. The high-flying meme coin’s marketplace headdress is down much than $1 cardinal successful the past 7 days. Its market headdress stood astatine $640.64 million.

tomiNET

TOMI dropped 8.23% to commercialized astatine $4.05133. Despite today’s drawdown, the token has accrued much than 73% implicit the past month. Its marketplace headdress stood astatine $160.6 million.

Bitcoin SV

BSV plunged 7.78% to commercialized astatine $35.7792 arsenic of property time. The arguable token roseate by 33% connected May 9. Its market headdress stood astatine $689.32 million.

Radix

XRD mislaid 6.41% to $0.07189 over the reporting period. The astute declaration web is up 30% successful the past 30 days. Its marketplace headdress stood astatine $730.97 million.

Bitcoin Cash

BCH fell 5.13% to $114.177 over the reporting period. Its marketplace headdress stood astatine $2.21 billion.

The station CryptoSlate wMarket Update: False US authorities Bitcoin selling rumors trigger mild sell-off appeared archetypal connected CryptoSlate.