CryptoSlate Daily wMarket Update: Bitcoin rejected at $25,000 as mild sell-off wipes $20B from crypto market

The cryptocurrency marketplace headdress saw nett outflows of $20 cardinal implicit the play and presently stands astatine $1.11 trillion — down 1.68 % from $1.13 trillion.

During the reporting period, Bitcoin and Ethereum’s marketplace headdress fell 1.10% and 2.50% to $474.74 cardinal and $204.77 billion, respectively.

All apical 10 crypto assets recorded losses implicit the reporting period. XRP posted a insignificant nonaccomplishment of 0.35% — portion Polygon and Solana shed implicit 5%, respectively.

Source: CryptoSlate

In the past 24 hours, the marketplace headdress of Tether (USDT) accrued to $70.44 billion. Meanwhile, Binance USD (BUSD) and USD Coin(USDC) marketplace caps fell to $12.68 cardinal and $41.92 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin decreased 1.12% to commercialized astatine $24,612 arsenic of 07:00 ET. Its marketplace dominance roseate to 42.7% from 42.4%.

During the reporting period, BTC peaked astatine $25,126 earlier experiencing a crisp sell-off during the aboriginal trading hours of today.

Source: Tradingview

Ethereum

Over the past 24 hours, Ethereum mislaid 2.41% to commercialized astatine $1,672 arsenic of 07:00 ET. Its marketplace dominance fell to 18.4% from 18.5%.

ETH’s terms show mirrored BTC — peaking supra $1,700 during the reporting play and experiencing a sell-off during the day’s aboriginal trading hours.

Source: Tradingview

Top 5 Gainers

Tokocrypto

TKO is the day’s biggest gainer, rising 20.71% implicit the reporting play to $0.41127 as of property time. The centralized speech token has seen accrued involvement from the assemblage pursuing its genitor institution acquisition by Binance. Its marketplace headdress stood astatine $204.71 million.

Wemix

WEMIX jumped 18.49% to $2.58901 as of property time. The NFT token has risen by 350% implicit the past 30 days. Its marketplace headdress stood astatine $634.27 million.

SingularityNET

AGIX is up 15.57% to commercialized astatine $0.45105  arsenic of property time. The AI token has risen by 150% implicit the past 30 days. Its marketplace headdress stood astatine $547.29 million.

Neo

NEO gained 14.24% successful the past 24 hours to commercialized astatine $14.0615. The awesome terms show implicit the reporting play has touched a 9-month high. Its marketplace headdress stood astatine $991.88 million.

Fetch

FET accrued 14.08% successful the past 24 hours to commercialized astatine $0.48776 arsenic of property time. The AI token is up 12% successful the erstwhile 7 days. Its marketplace headdress stood astatine $399.43 million.

Top 5 Losers

Alchemy Pay

ACH is the day’s biggest loser, falling 11.73% to $0.03732 as of property time. The outgo gateway token precocious began supporting Google Pay for crypto assets. Its marketplace headdress stood astatine $189.68 million.

Lukso

LYXe dumped 11.38% to $10.8828 in the past 24 hours. It was unclear wherefore the token was experiencing a sell-off. Its marketplace headdress stood astatine $167.66 million.

Metis DAO

METIS lost 10.97% to commercialized astatine $37.2770 at the clip of writing. Its marketplace headdress stood astatine $165.81 million.

IOStoken

IOST shed 10.05% successful the past 24 hours to commercialized astatine $0.01328. The IOST token has mislaid immoderate of the 33% gains it made connected Feb. 20. Its marketplace headdress stood astatine $248.44 million.

Floki Inu

The meme coin is connected CryptoSlate’s apical losers’ database for the 2nd consecutive day. FLOKI decreased 9.81% to $0.0000391413 in the past 24 hours. Its marketplace headdress stood astatine $401.07 million.

The station CryptoSlate Daily wMarket Update: Bitcoin rejected astatine $25,000 arsenic mild sell-off wipes $20B from crypto market appeared archetypal connected CryptoSlate.