CryptoSlate wMarket Update: Bitcoin dips below $30,000 as outflows exceed $18B

Since the past wMarket report, the cryptocurrency marketplace headdress saw nett outflows of $18.7 cardinal and presently stands astatine $1.27 trillion — down 1.5% from $1.29 trillion.

Over the weekend, Bitcoin and Ethereum’s marketplace headdress fell 3% and 1.7% to $578.47 cardinal and $249.99 billion, respectively.

Over the past 24 hours, the apical 10 cryptocurrencies recorded a mixed performance. Solana posted the biggest gains astatine 4.7%, intimately followed by Dogecoin, up 4.6%. Meanwhile, Cardano brings up the rear, losing 2% implicit the reporting period.

Source: CryptoSlate.com

The marketplace headdress of Tether (USDT) accrued to $80.95 billion. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) marketplace caps fell to $31.8 cardinal and $6.7 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin fell 1.3% to commercialized astatine $29,872 arsenic of 07:00 ET. Its marketplace dominance fell to 45.7% from 46.4%.

Since Friday, Bitcoin traded level earlier breaking retired to highest astatine $30,560 connected Sunday aboriginal evening (ET). A 2nd rejection astatine this terms led to a crisp spill that recovered enactment astatine $29,760.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum grew 0.1% to commercialized astatine $2,089 arsenic of 07:00 ET. Its marketplace dominance fell to 19.7% from 19.8%.

Since the past marketplace report, ETH began moving gradually down. But the downtrend broke astatine astir noon (ET) connected Sunday, topping retired astatine $2,150. Over the pursuing hours, bears took control, dipping the terms arsenic debased arsenic $2,075.

Source: TradingView.com

Top 5 Gainers

Audius

AUDIO is the day’s biggest gainer increasing 17.9% implicit the past 24 hours to $0.39371 arsenic of property time. The task posted its latest Behind the Beats Podcast occurrence today. Its marketplace headdress stood astatine $392.66 million.

LUKSO

LYXe gained 15.3% to commercialized astatine $14.0756 at the clip of writing. LUKSO co-founder Fabian Vogelsteller was featured successful a caller Podcast discussing task developments. Its marketplace headdress stood astatine $217.83 million.

Celer Network

CELR roseate 12.9% to $0.02692 implicit the past 24 hours. The task announced expanding its cBridge cross-chain installation to see Nexon Finance. Its marketplace headdress stood astatine $190.71 million.

Render Token

RNDR is up 12.1% to $1.92530 arsenic of property time. The task was astatine the NFTNYC2023 meetup. Its marketplace headdress stood astatine $700.64 million.

Radix

XRD grew 10.1% to $0.08491 during the reporting period. The task announced its attendance astatine Consensus 2023, Austin, Texas. Its marketplace headdress stood astatine $861.8 million.

Top 5 Losers

TEMDAO

TEM is the day’s biggest loser, falling 17.8% to commercialized astatine $0.02202 at the clip of writing. The task announced its token would beryllium listed connected the BTCEX speech soon. Its marketplace headdress stood astatine $596.79 million.

Kaspa

KAS is down 16.6% to $0.02723 as of property time. The Kaspa Rust codebase Alpha merchandise is live. Its marketplace headdress stood astatine $489.54 million.

FLEX

FLEX declined 8% to $1.65104 over the reporting period. The OPNX speech opened its affiliate programme recently. Its marketplace headdress stood astatine $162.9 million.

FTX Token

FTT dropped 5.1% to commercialized astatine $1.81533. Bankruptcy lawyers precocious announced recovering $7.3 cardinal successful mislaid assets. Its marketplace headdress stood astatine $597.05 million.

Core

CORE decreased by 3.3% to $1.63753. Its marketplace stood astatine $150.98 million.

The station CryptoSlate wMarket Update: Bitcoin dips beneath $30,000 arsenic outflows transcend $18B appeared archetypal connected CryptoSlate.