Crypto market massacre sees $78 billion in outflows: CryptoSlate Daily wMarket Update

The cryptocurrency marketplace headdress saw nett outflows of $77.63 cardinal implicit the past 24 hours and presently stands astatine $917.63 cardinal — down 7.8% from $995.26 billion.

Over the reporting period, Bitcoin and Ethereum’s marketplace headdress fell 8.9% and 10% to $381.71 cardinal and $169.6 billion, respectively.

The apical 10 crypto assets recorded losses implicit the past 24 hours. The biggest losers were Solana, down 11.9%, and Dogecoin, which fell 11%. Cardano fared best, limiting its losses to 4.6% amid the marketplace carnage.

Source: CryptoSlate.com

In the past 24 hours, the marketplace caps of Tether (USDT) and USD Coin (USDC) accrued to $71.76 cardinal and $43.51 billion, respectively. Meanwhile, Binance USD (BUSD) stayed level astatine $8.4 billion.

Bitcoin

In the past 24 hours, Bitcoin decreased 8.9% to commercialized astatine $19,729 arsenic of 07:00 ET. Its marketplace dominance decreased to 41.6% from 42.1%.

Over the reporting period, BTC peaked astatine $21,825 earlier trickling downwards to find enactment astatine $20,050. A muted bounce topped retired astatine $20,500, starring into a gradual downtrend, losing $20,000 successful the process.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum fell 10% to commercialized astatine $1,383 arsenic of 07:00 ET. Its marketplace dominance fell to 18.5% from 18.9%.

ETH’s terms show mirrored that of Bitcoin. A highest of $1,546 was followed by a crisp sell-off that recovered enactment astatine $1,408. The ensuing bounce topped astatine $1,449, turning into a gradual downtrend that printed a section bottommost astatine $1,370.

Source: TradingView.com

Top 5 Gainers

GensoKishi Metaverse

MV is the day’s biggest gainer, rising 8.7% implicit the reporting play to $0.12979 arsenic of property time. The task precocious launched a programme to reward creators. Its marketplace headdress stood astatine $221.85 million.

aelf

ELF jumped 6.3% to $0.29471. aelf extended its mainnet token swap to June. Its marketplace headdress stood astatine $171.36 million.

Hashflow

HFT accrued 2.8% successful the past 24 hours to commercialized astatine $0.60829 arsenic of property time. Its marketplace headdress stood astatine $115.46 million.

Radio Caca

RACA gained 2.1% successful the past 24 hours to commercialized astatine $0.00038. The token fell 15.4% implicit the past week. Its marketplace headdress stood astatine $120.96 million.

Kava

KAVA is up 0.9% to $0.87093 arsenic of property time. The task announced a $750 cardinal developer inducement money recently. Its marketplace headdress stood astatine $380.58 million.

Top 5 Losers

FLOKI

FLOKI is the day’s biggest loser, falling 25.3% to commercialized astatine $0.00003 at the clip of writing. The token was precocious listed connected the WazirX exchange. Its marketplace headdress stood astatine $242.49 million.

Onyxcoin

XCN fell 22.9% to $0.00598 implicit the reporting period. The token is down 45.8% implicit the past month. Its marketplace headdress stood astatine $140.51 million.

Core

CORE mislaid 22.4% to $2.09076 arsenic of property time. Its marketplace headdress stood astatine $133.53 million.

Huobi Token

HT dumped 21.4% to $3.80856 successful the past 24 hours. Justin Sun blamed the token’s flash clang connected leveraged liquidations causing a terms cascade down. Its marketplace headdress stood astatine $617.88 million.

SingularityNET

AGIX shed 20.9% successful the past 24 hours to commercialized astatine $0.29556. Its marketplace headdress stood astatine $356.24 million.

The station Crypto marketplace massacre sees $78 cardinal successful outflows: CryptoSlate Daily wMarket Update appeared archetypal connected CryptoSlate.