The cryptocurrency market capitalization saw net inflows of $30 billion and currently sits at $1.25 trillion, up 2.12% from $1.22 trillion.
Over the past 24 hours, the market capitalization of Bitcoin and Ethereum increased by 0.87% and 6.36% to $584.87 billion and $239.76 billion, respectively.
During the reporting period, the top 10 crypto assets posted gains, with Dogecoin and Ethereum gaining more than 6%, respectively. Other assets like Cardano, Polygon, and Polkadot are up more than 3% each.
Tether (USDT) market capitalization increased to $80.65 billion. Meanwhile, the market capitalizations of USD Coin (USDC) and Binance USD (BUSD) fell to $32 billion and $6.79 billion, respectively.
Bitcoin
Over the past 24 hours, Bitcoin is up 0.75% to trade at $30,244 as of 07:00 ET. Its market dominance dropped from 47.5% to 46.9%.
During the reporting period, BTC peaked at $30,462. On-chain data shows that BTC whales have started accumulating the digital asset for the first time since January.
Ethereal
Over the past 24 hours, Ethereum is up 6.31% to trade at $1990 at 07:00 ET. Its market dominance increased from 18.4% to 19.2%.
The highly anticipated Shappella update had minimal impact on Ether price performance, with validators withdrawing 84,000 ETH at press time.
Top 5 Winners
FTX tab
FTT is the biggest gainer of the day with a growth of 68% in the last 24 hours to $2.23284 at the close of this edition. Lawyers for the bankrupt exchange house hinted that the platform could be restarted. Its market capitalization stood at $734.37 million.
Base
XRD is on the top gainers list for the second day in a row. It grew 33.8% to $0.07209 during the reporting period. Its market capitalization stood at $731.44 million.
circle of merit
MC gained 15.25% to trade at $0.34189 in the time to write. The Ethereum-based token is up 11% over the past month. Its market capitalization stood at $128.43 million.
space id
ID increased 16.38% to $0.51959 during the last 24 hours. Interest in the digital identity protocol has increased since Binance included it in its launch pad. Its market capitalization stood at $148.6 million.
woo red
WOO is up 13% to $0.25068 at the close of this edition. The blockchain network token is up 17% in the last 30 days. Its market capitalization stood at $421.93 million.
top 5 losers
THEME
TEM is the biggest loser of the day, falling 17.64% to trade at $0.02949 at the time of writing. The token was the biggest gainer on April 12. Its market capitalization stood at $799.22 million.
MARBLEX
MBX is down 7.78% at $2.37262 at the close of this edition. Its market capitalization stood at $122.21 million.
Milk
MLK decreased 5.79% to $0.43458 during the reporting period. The token’s value returned to its current levels after rising nearly 15% on April 11.Its market capitalization stood at $119.6 million.
batteries
STX fell 5.15% to trade at $0.88098. Bitcoin’s layer 2 network is down 15% in the last 30 days. YoIts market capitalization stood at $1.21 billion.
ApeCoin
APE decreased 4.96% to $4.47408. Its market stood at 1,650 million dollars.
The post CryptoSlate wMarket Update: Perfect Shappella Update Pushes Ethereum Closer to $2000 appeared first on CryptoSlate.
