Bitcoin’s price maintains $26.5K despite continued regulatory woes: CryptoSlate wMarket Update

The cryptocurrency marketplace saw mild nett inflows of $0.23 cardinal implicit the past 24 hours and presently stands astatine $1.11 trillion — up 0.22%.

During the reporting period, Bitcoin (BTC) marketplace headdress roseate 0.55% to 515.53 billion, portion Ethereum’s (ETH) marketplace headdress fell 0.14% to 221.42 billion.

The apical 10 integer assets by marketplace headdress posted gains during the reporting period, but for Ethereum, BNB, and Cardano.

ADA topped the losers database with a 3.31% loss, portion Solana led the gainers with a 1.98% increase.

Source: CryptoSlate

Tether’s marketplace headdress (USDT) accrued to $83.34 billion. The marketplace headdress of rival stablecoins USD Coin (USDC) and Binance USD (BUSD) continued their descents and presently basal astatine $28.43 cardinal and $4.86 billion, respectively.

Bitcoin

Bitcoin gained 0.55% and traded astatine $26,638 arsenic of 07:00 ET. Its marketplace dominance roseate to 46.7% from 46.6%

BTC peaked astatine $26,797 during the reporting play contempt Binance.US announcing that its USD channels would beryllium closed from June 13. CryptoSlate Research reported that the flagship integer plus maintained show supra $25,300.

Source: Tradingview

Ethereum

Over the past 24 hours, Ethereum mislaid 0.14% to commercialized astatine $1,844 arsenic of 07:00 ET. Its marketplace dominance fell to 20.0% from 20.1%.

ETH peaked astatine $1,861 during the reporting play earlier dropping to its existent levels.

Source: Tradingview

Top 5 Gainers

Beldex

BDX is the day’s biggest gainer, increasing 10.2% implicit the past 24 hours to $0.049 as of property time. The task has gained implicit 23% successful the erstwhile week. Its marketplace headdress stood astatine $265.72 million.

MobileCoin

MOB roseate 9.37% implicit the past 24 hours to $0.64 as of property time. The privateness coin is down 16% successful the erstwhile 30 days. It has a marketplace headdress of $125.03 million.

Kaspa

KASPA jumped 8% to $0.015 during the past 24 hours. A information bureau successful France 10h11 started accepting the integer plus arsenic a outgo method, according to a June 7 tweet from the project. Its marketplace headdress stood astatine $300.82 million.

Biconomy

BICO accrued 5.75% to commercialized astatine $0.25 at the clip of writing. The network’s relationship abstraction diagnostic enjoys much adoption, performing astir 20,000 transactions during the archetypal week of June. Its marketplace headdress stood astatine $140.42 million.

Skale Network

SKL gained 4.41% to $0.031 as of property time. Despite today’s upside, the Ethereum-based token has shed 10% successful the past 7 days. Its marketplace headdress stood astatine $106.77 million.

Top 5 Losers

Hex

HEX is the day’s biggest loser, falling 11.13% to $0.00989 at the clip of press. The token has been connected a downward inclination implicit the past month, down 86%. Its marketplace headdress stood astatine $1.72 billion.

iExec RLC

RLC is backmost among the apical losers’ list. The token fell 7.63% to $1.38 over the reporting period. Its market headdress stood astatine $100.33 million.

Ocean Protocol

OCEAN mislaid 4.45% to commercialized astatine $0.105 arsenic of property time. Its market headdress stood astatine $205.2 million.

NYM

NYM had sunk 3.94% to $4.67 as of property time. The privateness web introduced a socks5 lawsuit that allows users proxy desktop exertion postulation done the mixnet. Its market headdress stood astatine $104.44 million.

Flex

FLEX is down 1.78% successful the past 24 hours and was trading for $2.46 at the clip of writing. The speech token is among the apical gainers for the erstwhile 7 days, rising 122%. Its marketplace headdress stood astatine $242.81 million.

The station Bitcoin’s terms maintains $26.5K contempt continued regulatory woes: CryptoSlate wMarket Update appeared archetypal connected CryptoSlate.