CryptoSlate wMarket Update: Litecoin re-enters top 10 amid wider market weakness

1 year ago

The cryptocurrency marketplace saw nett outflows of $17.6 cardinal implicit the past 24 hours and presently stands astatine $1.13 trillion — down 1.5% from $1.14 trillion.

During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) marketplace caps fell 1.4% and 1% to $523.55 cardinal and $218.09 billion, respectively.

Most of the apical 10 crypto assets posted losses implicit the past 24 hours but TRON, up 0.3%, and Litecoin, gaining 2.1% to re-enter the apical 10, ousting Polkadot. The biggest losers were Solana and Polygon, down 2.4% and 1.9%, respectively.

Top 10 cryptocurrenciesSource: CryptoSlate.com

The marketplace headdress of Tether (USDT) grew to $82.84 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.80 cardinal and $5.56 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin fell 1.4% to commercialized astatine $27,018 arsenic of 07:00 ET. Its marketplace dominance stayed level astatine 46.5%.

During the reporting period, BTC deed a highest terms of $27,660 earlier trending down to find enactment astatine $26,860 by Monday evening (ET). A muted betterment topped astatine $27,250, starring to a further spill.

Bitcoin chartSource: TradingView.com

Ethereum

In the past 24 hours, Ethereum decreased 1% to commercialized astatine $1,812 arsenic of 07:00 ET. Its marketplace dominance fell to 19.4% from 19.7%.

Over the reporting period, ETH’s terms followed BTC, reaching a $1,846 apical soon aft midday Monday (ET) earlier bears dipped arsenic debased arsenic $1,796. The consequent betterment mislaid steam astatine $1,828, starring to further selling.

Ethereum chartSource: TradingView.com

Top 5 Gainers

MiL.k

MLK is the day’s biggest gainer, increasing 14.4% implicit the past 24 hours to $0.38392 as of property time. The task has yet to tweet since April 18. Its marketplace headdress stood astatine $108.66 million.

DAO Maker

DAO jumped 11.9% to $1.57356 implicit the past 24 hours. The task precocious unveiled Tenet – an upcoming furniture 1 chain. Its marketplace headdress stood astatine $226.5 million.

HEX

HEX grew 9.7% implicit the past 24 hours to $0.03487 arsenic of property time. The PulseChain mainnet launched connected May 13. The existent enactment is focused connected bridging assets to the caller chain. Its marketplace headdress stood astatine $6.05 billion.

Conflux Network

CFX roseate 9% to $0.31291 arsenic of property time. The token was a apical gainer yesterday disconnected caller involvement successful Conflux incubated task – Flux Fire. It was announced contiguous that Mold Finance would migrate to the Conflux ecosystem. Its marketplace headdress stood astatine $900.91 million.

Ontology

ONT gained 7.7% to commercialized astatine $0.21919 at the clip of writing. Node API steadfast GetBlock has partnered with Ontology. Its marketplace headdress stood astatine $191.84 million.

Top 5 Losers

Open Campus

EDU is the day’s biggest loser falling 10.1% to $1.18428 at the clip of writing. The task announced a $10 cardinal planetary educators money for contented instauration grants. The token was yesterday’s apical gainer. Its market headdress stood astatine $171.86 million.

Telcoin

TEL dropped 9% to commercialized astatine $0.00172. The mobile outgo level said USDC deposits and EUR withdrawals are present available. Its marketplace headdress stood astatine $115.41 million.

OriginTrail

TRAC plunged 8.4% to commercialized astatine $0.26243 as of property time. The squad hosted a peculiar tech AMA connected May 15. Its market headdress stood astatine $103.29 million.

XinFin

XDC mislaid 6.9% to $0.03138 over the reporting period. Its marketplace headdress stood astatine $434.19 million.

UMA

UMA fell 6.5% to $2.20875 over the reporting period. UMA’s optimistic oracle was deployed connected Coinbase’s furniture 2 task Base. Its marketplace headdress stood astatine $157.49 million.

The station CryptoSlate wMarket Update: Litecoin re-enters apical 10 amid wider marketplace weakness appeared archetypal connected CryptoSlate.

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