CryptoSlate Daily wMarket Update: Bitcoin bulls successfully defend $27,800

2 years ago

The cryptocurrency marketplace headdress saw nett inflows of $9.8 cardinal implicit the past 24 hours and presently stands astatine $1.17 trillion — up 0.8% from $1.16 trillion.

During the reporting period, the marketplace caps of Bitcoin and Ethereum decreased by 1.2% and 1.7% to $542.1 cardinal and $218.9 billion, respectively.

The apical 10 cryptocurrencies recorded mixed results implicit the past 24 hours. Leading the losses were Dogecoin and Cardano, down 3.5% and 3.2%, respectively. In contrast, Ethereum and Bitcoin posted marginal gains astatine 1.7% and 1.2%, respectively.

Top 10 cryptocurrenciesSource: CryptoSlate.com

In the past 24 hours, the marketplace headdress of Tether (USDT) accrued to $78.56 billion. Meanwhile, USD Coin (USDC) fell to $34.4 billion, and Binance USD (BUSD) held level astatine $8.06 billion.

Bitcoin

In the past 24 hours, Bitcoin accrued by 1.2% to commercialized astatine $28,024 arsenic of 07:00 ET. Its marketplace dominance grew to 46.3% from 46.1%.

During the reporting period, buyers lifted BTC to highest astatine $28,742. A rejection astatine this terms led to a staggered downtrend that retested the approximate $27,780 enactment level connected 3 successive occasions. The starring cryptocurrency has since been ranging betwixt $27,956 and $28,449.

Bitcoin chartSource: TradingView.com

Ethereum

Over the past 24 hours, Ethereum grew 1.7% to commercialized astatine $1,787 arsenic of 07:00 ET. Its marketplace dominance accrued to 18.7% from 18.5%.

During the reporting period, Ethereum topped retired astatine $1,857 earlier trending down. At 04:00 (ET,) a rejection astatine $1,817 was followed by a spill that bottomed astatine $1,777.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Alethea Liquid Intelligence

ALI is the day’s biggest gainer, rising 17.5% implicit the reporting play to $0.04318 arsenic of property time. The token was yesterday’s biggest loser. Its marketplace headdress stood astatine $154.94 million.

OMG Network

OMG gained 17% to $2.07768 arsenic of property time. Coinbase volition delist the token connected March 29. Its marketplace headdress stood astatine $291.38 million.

inSure

SURE surged 14.6% to $0.00497 arsenic of property time. The token is up 62% implicit the past week. Its marketplace headdress stood astatine $133.24 million.

Mask Network

MASK is among the day’s apical gainers aft expanding 12.8% to $6.17511 astatine the clip of writing. The token is up 55.8% implicit the past month. Its marketplace headdress stood astatine $470.23 million.

JOE

JOE is up 11.8% to $0.43122 arsenic of property time. The token is up 90.8% implicit the past week. Its marketplace headdress stood astatine $145.08 million.

Top 5 Losers

Arbitrum

ARB is the day’s biggest loser, falling 87.5% to commercialized astatine $1.47745 at the clip of writing. The task precocious completed its airdrop. Its marketplace headdress stood astatine $1.88 billion.

HEX

HEX is down 20.8% to $0.10011. The token was yesterday’s apical gainer owed to the V3 testnet motorboat of its sister concatenation PulseChain. Its marketplace headdress stood astatine $17.36 billion.

MAGIC

MAGIC fell 10.8% to $1.56212 astatine the clip of press. Its marketplace headdress stood astatine $331.95 million.

RSK Infrastructure Framework

RIF decreased 10.4% to $0.13933 implicit the reporting period. The token is down 22.8% implicit the past week. Its marketplace headdress stood astatine $132.83 million.

Conflux Network

CFX plunged 10.5% to $0.34329 implicit the reporting period. The task precocious partnered with China Telecom for blockchain-enabled SIM cards. Its marketplace headdress stood astatine $912.06 million.

The station CryptoSlate Daily wMarket Update: Bitcoin bulls successfully support $27,800 appeared archetypal connected CryptoSlate.

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