CryptoSlate wMarket Update: Bitcoin loses $27k level in red market performance

Over the past 24 hours, the cryptocurrency marketplace saw nett outflows of $20 cardinal and presently stands astatine $1.12 trillion — down 1.98% from $1.14 trillion.

During the aforesaid period, the marketplace caps of Bitcoin (BTC) and Ethereum (ETH) fell 2.11% and 2.15% to $517.69 cardinal and $218.07 billion, respectively.

All apical crypto 10 assets recorded losses. Dogecoin, Bitcoin, Ethereum, and Polkadot each shed much than 2%, respectively.

Source: CryptoSlate

Tether’s (USDT) marketplace headdress grew to $83.03 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.24 cardinal and $5.40 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin fell 2.11% to commercialized astatine $26,727 arsenic of 07:00 ET. Its marketplace dominance dropped to 46.3% from 46.4%.

During the reporting period, BTC mislaid the $27,000 level arsenic the bears took power of the market. CryptoSlate Insight reported that implicit $2 cardinal successful BTC options would expire connected May 26.

Source: Tradingview

Ethereum

In the past 24 hours, Ethereum fell 2.15% to commercialized astatine $1,815 arsenic of 07:00 ET. Its marketplace dominance dropped to 19.5% from 19.6%.

ETH mostly mirrored BTC’s terms performance. The asset’s speech equilibrium has dropped to a 5-year debased arsenic investors progressively favour self-custody.

Source: Tradingview

Top 5 Gainers

FantasyGold

FGC is the day’s biggest gainer, increasing 100.6% implicit the past 24 hours to $1.35142 as of property time. The token is up by 99% implicit the erstwhile week. Its marketplace headdress stood astatine $188.74 million.

ARPA Chain

ARPA jumped 39.18% to $0.09294 over the past 24 hours. The token is up 142% implicit the past month. Its marketplace headdress stood astatine $115.52 million.

Nervos Network

CKB gained 6.5% to commercialized astatine $0.00360 at the clip of writing. Its marketplace headdress stood astatine $146.82 million.

WAVES

WAVES is connected the apical gainer’s database for the 2nd consecutive day. It roseate 6.03% to $2.00509 as of property time. Its marketplace headdress stood astatine $223.58 million.

tomiNet

TOMI grew 5.52% implicit the past 24 hours to $3.91423 as of property time. The privateness token has risen 19% successful the erstwhile 30 days and contiguous has a marketplace headdress of $155.17 million.

Top 5 Losers

HEX

HEX is the day’s biggest loser, decreasing 21.13% to $0.02054 at the clip of press. The token is connected the apical loser’s database for the 3rd consecutive day. Its marketplace headdress stood astatine $3.56 billion.

LYXe

LUKSO fell 12.23% to $10.6588 over the reporting period. Its marketplace headdress stood astatine $166.02 million.

Kaspa

KAS is connected the apical loser’s database for the 3rd consecutive day. The token dropped 9.63% to commercialized astatine $0.01420.  Its market headdress stood astatine $233.73 million.

FTX Token

FTT mislaid 8.95% and was trading astatine $1.00715 as of property time. The bankrupt speech token has shed immoderate of the gains it made connected May 23. Its marketplace headdress stood astatine $331.25 million.

Sui

SUI sunk 8.46% to $0.98471 as of property time. The blockchain web token fell beneath $1 aft losing 12% implicit the past week. Its market headdress stood astatine $115.27 million.

The station CryptoSlate wMarket Update: Bitcoin loses $27k level successful reddish marketplace performance appeared archetypal connected CryptoSlate.