CryptoSlate Daily wMarket Update: Another market dump sees Solana leading large cap losses

The cryptocurrency marketplace headdress saw nett outflows of $19 cardinal implicit the past 24 hours and presently stands astatine $1.09 trillion — down 1.7% from $1.11 trillion.

During the reporting period, Bitcoin and Ethereum’s marketplace headdress fell 1.9% and 1.7% to $465.96 cardinal and $201.27 billion, respectively.

All apical 10 crypto assets recorded losses implicit the reporting period. Solana posted the astir important drop, down 6.8%. In contrast, Dogecoin fared best, losing conscionable 0.6%, intimately followed by XRP, down 0.7%.

Source: CryptoSlate.com

In the past 24 hours, the marketplace caps of Tether (USDT) and USD Coin(USDC) accrued to $70.47 cardinal and $42.21 billion, respectively. Meanwhile, Binance USD (BUSD) fell to $12.44 billion.

Bitcoin

In the past 24 hours, Bitcoin decreased 1.9% to commercialized astatine $24,144 arsenic of 07:00 ET. Its marketplace dominance fell to 42.5% from 42.7%.

During the reporting period, BTC peaked astatine $24,786 earlier grinding little to bottommost astatine $23,876 during the aboriginal trading hours of today.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum mislaid 1.7% to commercialized astatine $1,644 arsenic of 07:00 ET. Its marketplace dominance stayed level astatine 18.4%.

ETH’s terms show mirrored BTC — peaking supra $1,686 during the reporting period, starring to a downward inclination that bottomed successful the aboriginal hours.

Source: TradingView.com

Top 5 Gainers

Ankr

ANKR is the day’s biggest gainer, rising 46.9% implicit the reporting play to $0.04885 arsenic of property time. The task announced partnering with Microsoft for node hosting. Its marketplace headdress stood astatine $471.99 million.

RSK Infrastructure Framework

RIF jumped 40.8% to $0.14116 arsenic of property time. The token has risen by 144.6% implicit the past 30 days. Its marketplace headdress stood astatine $133.64 million.

Synapse

SYN is up 20.1% to commercialized astatine $1.63907  arsenic of property time. Its marketplace headdress stood astatine $229.1 million.

Amp

AMP gained 10% successful the past 24 hours to commercialized astatine $0.00566. Its marketplace headdress stood astatine $238.86 million.

Filecoin

FIL accrued 8.4% successful the past 24 hours to commercialized astatine $8.47105 arsenic of property time. The token is up 57.9% implicit the past month. Its marketplace headdress stood astatine $3.32 billion.

Top 5 Losers

BinaryX

BNX is the day’s biggest loser, falling 44.1% to $100.621 arsenic of property time. The task precocious underwent a token swap and revaluation plan. Its marketplace headdress stood astatine $291.12 million.

Fetch

FET mislaid 12.2% to commercialized astatine $0.42416 at the clip of writing. Despite today’s sell-off, FET remains up 48.2% implicit the past month. Its marketplace headdress stood astatine $347.35 million.

SingulaityNET

AGIX shed 12.1% successful the past 24 hours to commercialized astatine $0.38982. Despite the sell-off, AGIX is inactive up 113.3% implicit the past month. Its marketplace headdress stood astatine $469.4 million.

Injective

INJ fell 11.6% to $3.73421 implicit the reporting period. Its marketplace headdress stood astatine $272.62 million.

Blur

BLUR dumped 11.1% to $0.96680 successful the past 24 hours. The task announced an further 300 cardinal token airdrop. Its marketplace headdress stood astatine $376.33 million.

The station CryptoSlate Daily wMarket Update: Another marketplace dump sees Solana starring ample headdress losses appeared archetypal connected CryptoSlate.