The cryptocurrency market capitalization saw net inflows of $40 billion and currently stands at $1.29 trillion, up 2.12% from $1.25 trillion.
Over the past 24 hours, the market capitalization of Bitcoin and Ethereum increased by 1.92% and 6.03% to $596.1 billion and $254.42 billion, respectively.
During the reporting period, the top 10 crypto assets posted gains, with Cardano and Ethereum gaining more than 6%, respectively. Other assets like Solana, XRP, BNB, Litecoin, Polygon, and Polkadot were up more than 3% each.
Tether (USDT) market capitalization increased to $80.82 billion. Meanwhile, the market capitalizations of USD Coin (USDC) and Binance USD (BUSD) fell to $31.94 billion and $6.71 billion, respectively.
Bitcoin
Over the past 24 hours, Bitcoin is up 1.84% to trade at $30,782 as of 07:00 ET. Its market dominance dropped from 46.9% to 46.4%.
During the reporting period, approximately $240 million worth of BTC was withdrawn from crypto exchanges. There is growing speculation that the flagship digital asset could soon trade above $31,000.
Ethereal
Over the past 24 hours, Ethereum is up 6.22% to trade at $2,114 at 07:00 ET. Its market dominance increased from 19.2% to 19.8%.
Ethereum continued its post-Shappella upgrade upward rally. Cryptocurrency traders are beginning to take long positions on the asset, and its level of open interest has risen to its highest level since January.
Top 5 Winners
SPACE ID
ID is the biggest gainer of the day with a 32% growth in the last 24 hours to $0.67328 at the close of this edition. The token was also one of the biggest gainers on April 13. Its market capitalization stood at $192.56 million.
ICON
ICX gained 22.7% to trade at $0.35985 in the time to write. The smart contract network has increased by 75% over the past month. Its market capitalization stood at $343.39 million.
ronin
RON rose 19.42% to $1.43254 during the last 24 hours. The EVM-based blockchain token hit a new all-time high of $1.44281 during the early hours of trading. Its market capitalization stood at $294.35 million.
Decision
ARB is up 18.91% to $1.56081 at the close of this edition. The Ethereum Layer2 scaling solution has been embroiled in a governance issue for the past two weeks. Its market capitalization stood at $1.99 billion.
Loop
LRC grew 15.52% to $0.41380 during the reporting period. The token is up 29% in the last 30 days. Its market capitalization stood at $550.41 million.
top 5 losers
FTX tab
FTT is the biggest loser of the day, falling 3.04% to trade at $$2.16505 at the time of writing. The token was the biggest gainer on April 13. Its market capitalization stood at $712.02 million.
circle of merit
MC appears to have lost some of his April 13 earnings. The token is down 2.08% at $0.33477 at the close of this edition. Its market capitalization stood at $125.79 million.
MediBloc
MED decreased 1.51% to $0.01786 during the reporting period. The token is up 7% in the last month. YoIts market capitalization stood at $123.41 million.
amount
QNT fell 1.50% to trade at $121,995. The blockchain network saw its value rapidly decline after reports of a hack on the Bitrue exchange. YoIts market capitalization stood at $1.47 billion.
Gensokishi Metaverse
MV decreased by 0.65% to $0.14092. Its market stood at 240.88 million dollars.
CryptoSlate’s wMarket Update Post: Ethereum’s Rally Above $2,100 Attracts Broader Market appeared first on CryptoSlate.
