CryptoSlate wMarket Update: Weekend recovery sees Bitcoin recapture $27,000

2 years ago

Since the past wMarket report connected May 12, the cryptocurrency marketplace headdress saw nett inflows of $39.2 cardinal and presently stands astatine $1.14 trillion — up 3.6% from $1.10 trillion.

Over the weekend, the Bitcoin (BTC) and Ethereum (ETH) marketplace caps grew 4% and 4.9% to $531.54 cardinal and $224.96 billion, respectively.

The 24-hour show of the apical 10 crypto assets recorded gains crossed the board. Bitcoin leads the pack, up 2.2%, followed by Polygon, which gained 2.1%. Bringing up the rear is XRP, managing to enactment successful the green, having recorded 0.2% gains implicit the reporting period.

Top 10 cryptocurrenciesSource: CryptoSlate.com

The marketplace headdress of Tether (USDT) grew to $82.83 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.95 cardinal and $5.62 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin grew 2.2% to commercialized astatine $27,410 arsenic of 07:00 ET. Its marketplace dominance remained accrued to 46.5% from 46.3%.

Over the weekend, BTC traded level until midday Sunday (ET), erstwhile bulls took the terms arsenic precocious arsenic $27,200. Upside momentum was reasserted by 21:00, mounting disconnected a caller uptrend that peaked astatine $27,550 successful the aboriginal hours of today.

Bitcoin chartSource: TradingView.com

Ethereum

Over the past 24 hours, Ethereum grew 1.5% to commercialized astatine $1,830 arsenic of 07:00 ET. Its marketplace dominance roseate to 19.7% from 19.4%.

During the weekend, ETH’s terms followed BTC, reaching a $1,823 apical by midday Sunday (ET) earlier bullish momentum took the terms to a caller section apical of $1,836. This terms was aboriginal retested successful the aboriginal hours of today.

Ethereum chartSource: TradingView.com

Top 5 Gainers

Open Campus

EDU is the day’s biggest gainer, increasing 15.9% implicit the past 24 hours to $1.30574 as of property time. The task precocious announced the onboarding of Dalton Learning Lab to its ecosystem. Its marketplace headdress stood astatine $189.49 million.

Conflux Network

CFX roseate 13.9% to $0.28751 arsenic of property time. Flux Fire – a Conflux incubated task – is acceptable to launch. Its marketplace headdress stood astatine $827.71 million.

Alchemy Pay

ACH jumped 12.3% to $0.02482 implicit the past 24 hours. Alchemy Pay’s “Ad Hunt” lawsuit kicks disconnected today, ending connected May 21. Its marketplace headdress stood astatine $154.43 million.

JOE

JOE grew 12.2% implicit the past 24 hours to $0.35831 arsenic of property time. The token fell 46.3% implicit the past month. Its marketplace headdress stood astatine $120.55 million.

Ankr

ANKR gained 11.8% to commercialized astatine $0.02826 at the clip of writing. Its marketplace headdress stood astatine $282.62 million.

Top 5 Losers

Pepe

PEPE is the day’s biggest loser falling 6.3% to $0.00000171 at the clip of writing. The meme coin has been connected a seven-day downtrend, starring immoderate to judge the token has peaked. Its market headdress stood astatine $668.75 million.

Klaytn

KLAY dropped 5.9% to commercialized astatine $0.17392. The task precocious announced its Klaytn Square on-chain governance feature. Its marketplace headdress stood astatine $537.97 million.

Huobi Token

HT plunged 3.9% to commercialized astatine $2.87217 as of property time. Its market headdress stood astatine $465.96 million.

tomiNET

TOMI mislaid 3.5% to $3.52265 over the reporting period. The token was precocious listed connected Bybit. Its marketplace headdress stood astatine $139.65 million.

GensoKishi Metaverse

MV fell 2.7% to $0.12059 over the reporting period. The BNB Chain span is present open. Its marketplace headdress stood astatine $206.13 million.

The station CryptoSlate wMarket Update: Weekend betterment sees Bitcoin recapture $27,000 appeared archetypal connected CryptoSlate.

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