CryptoSlate wMarket Update: HEX defies wider market downturn to lead top gainers

1 year ago

The cryptocurrency marketplace saw nett outflows of $12.3 cardinal implicit the past 24 hours and presently stands astatine $1.12 trillion — down 1.1% from $1.14 trillion.

During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) marketplace caps fell 1.9% and 1% to $520.18 cardinal and $217.56 billion, respectively.

The apical 10 crypto assets recorded losses implicit the past 24 hours but for XRP, which saw beardown momentum this week from affirmative quality related to the SEC suit and the acquisition of Metaco. Today’s biggest loser is Cardano, dropping 2.3%.

Top 10 cryptocurrenciesSource: CryptoSlate.com

The marketplace caps of Tether (USDT) and USD Coin (USDC) grew to $82.85 cardinal and $29.58 billion, respectively — whereas Binance USD (BUSD) stayed level astatine $5.54 billion.

Bitcoin

In the past 24 hours, Bitcoin fell 1.9% to commercialized astatine $26,853 arsenic of 07:00 ET. Its marketplace dominance decreased to 46.3% from 46.5%.

During the reporting period, BTC saw a highest terms of $27,480 earlier trending down, starring to a crisp spill that bottomed astatine $26,370. A muted betterment topped retired astatine $27,090, followed by a flat-ranging pattern.

Bitcoin chartSource: TradingView.com

Ethereum

In the past 24 hours, Ethereum decreased 1% to commercialized astatine $1,809 arsenic of 07:00 ET. Its marketplace dominance roseate to 19.4% from 19.3%.

Over the reporting period, ETH saw a sell-off that recovered enactment astatine $1,774 astatine Thursday lunchtime (ET). A beardown bounce followed to apical retired astatine $1,822, starring to a insignificant spill and past a level people from yesterday evening onwards.

Ethereum chartSource: TradingView.com

Top 5 Gainers

HEX

HEX is the day’s biggest gainer, increasing 10.1% implicit the past 24 hours to $0.03227 as of property time. The caller motorboat of PulseChain saw aggregate events and milestones, including billions of tokens burned and regular measurement exceeding $100 million. Its marketplace headdress stood astatine $5.6 billion.

Injective

INJ roseate 5.6% to $6.95521 arsenic of property time. The task is joining the Wormhole cross-chain ecosystem. Its marketplace headdress stood astatine $556.46 million.

Polymesh

POLYX jumped 5.1% to $0.16686 implicit the past 24 hours. Binance said it would beryllium operating a Polymesh node. Its marketplace headdress stood astatine $106.13 million.

Cocos-BCX

COCOS grew 4.4% implicit the past 24 hours to $1.70749 arsenic of property time. The task has rebranded to COMBO. Its marketplace headdress stood astatine $121.32 million.

Bitget Token

BGB gained 3.9% to commercialized astatine $0.47792 at the clip of writing. The Bitget speech released its Q1 Transparency Report. Its marketplace headdress stood astatine $669.09 million.

Top 5 Losers

Kaspa

KAS is the day’s biggest loser falling 18.4% to $0.01568 astatine the clip of press. The task said it would construe its Kaspium mobile wallet into different languages. Its marketplace headdress stood astatine $291.87 million.

JOE

JOE dropped 6.9% to commercialized astatine $0.36854. The task is acceptable to merchandise caller collectibles, rewards, and mints. Its market headdress stood astatine $123.99 million.

Bitgert

BRISE mislaid 6% to $0.000000329416 over the reporting period. The token was a top-five loser yesterday. Its marketplace headdress stood astatine $130.71 million.

Optimism

OP sunk 5.7% to $1.70332 as of property time. Like Injective, Optimism is simply a subordinate of the Wormhole cross-chain ecosystem. Its market headdress stood astatine $571.25 million.

Pepe

PEPE fell 5% to $0.00000152 over the reporting period. The Bithumb speech listed Pepe connected Thursday. Its marketplace headdress stood astatine $593.92 million.

The station CryptoSlate wMarket Update: HEX defies wider marketplace downturn to pb apical gainers appeared archetypal connected CryptoSlate.

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