Market weakness sees Bitcoin lose $22,000: CryptoSlate Daily wMarket Update

2 years ago

The cryptocurrency marketplace headdress saw nett outflows of $16 cardinal implicit the past 24 hours and presently stands astatine $995.26 cardinal — down 1.6% from $1,011.26 billion.

Over the reporting period, Bitcoin and Ethereum’s marketplace headdress fell 1.9% and 1.4% to $418.54 cardinal and $187.76 billion, respectively.

The apical 10 crypto assets recorded a mixed show implicit the past 24 hours. The apical gainer was XRP for the 3rd successive day, up 1.5% today. In contrast, Polygon sinks 6.3%, followed by Solana, down 4.3%.

Top 10 cryptocurrenciesSource: CryptoSlate.com

In the past 24 hours, the marketplace caps of Tether (USDT,) USD Coin (USDC,) and Binance USD (BUSD) fell to $71.73 billion, $43.29 billion, and $8.4 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin decreased 1.9% to commercialized astatine $21,665 arsenic of 07:00 ET. Its marketplace dominance decreased to 42.1% from 42.2%.

Over the reporting period, BTC peaked astatine $22,233, followed by different rejection astatine this approximate absorption level. A crisp spill occurred by 18:00 (ET,) losing $22,000 to find enactment astatine $21,583. The ensuing downtrend saw different autumn that recovered enactment astatine $21,532.

Bitcoin chartSource: TradingView.com

Ethereum

Over the past 24 hours, Ethereum fell 1.4% to commercialized astatine $1,535 arsenic of 07:00 ET. Its marketplace dominance stayed level astatine 18.9%.

During the reporting period, ETH failed to interruption done the $1,566 absorption zone, resulting successful a crisp sell-off six hours later. Subsequently, the $1,530 enactment level was breached aggregate times, but each candle closed supra that level.

Ethereum chartSource: TradingView.com

 

Top 5 Gainers

RSK Infrastructure Framework

RIF is the day’s biggest gainer, rising 6.2% implicit the reporting play to $0.13129 arsenic of property time. The token gained 91.8% implicit the past month. Its marketplace headdress stood astatine $124.3 million.

Kava

KAVA jumped 5.8% to $0.86775. Akash Network precocious announced an onboarding programme to incentivize KAVA validators. Its marketplace headdress stood astatine $378.2 million.

TerraUSD

USTC accrued 4.7% successful the past 24 hours to commercialized astatine $0.02424 arsenic of property time. The spiritual successor to USDT remains importantly beneath its one-dollar peg price. Its marketplace headdress stood astatine $237.54 million.

Liquity

LQTY gained 4.7% successful the past 24 hours to commercialized astatine $1.86339. The token grew 161% implicit the past month. Its marketplace headdress stood astatine $169.73 million.

Dogelon Mars

ELON is up 2.1% to $0.000000341787 arsenic of property time. Its marketplace headdress stood astatine $185.88 million.

Top 5 Losers

Voyager Token

VGX is the day’s biggest loser, falling 26.6% to commercialized astatine $0.43447 at the clip of writing. The token acquisition a leap to $0.5908 connected Wednesday arsenic a justice approved the platform’s merchantability to Binance U.S. Its marketplace headdress stood astatine $120.99 million.

Alethea Liquid Intelligence

ALI mislaid 17.9% to $0.04684 arsenic of property time. The token is down 40% implicit the past month. Its marketplace headdress stood astatine $168.08 million.

Immutable X

IMX fell 15.4% to $0.93951 implicit the reporting period. Having precocious launched its Illuvium: Beyond paper game, the token was a top-five gainer yesterday. Its marketplace headdress stood astatine $797.97 million.

WEMIX

WEMIX dumped 14.5% to $1.46061 successful the past 24 hours. Its marketplace headdress stood astatine $356.46 million.

yearn.finance

YFI shed 12% successful the past 24 hours to commercialized astatine $8,147.53. Its marketplace headdress stood astatine $298.51 million.

The station Market weakness sees Bitcoin suffer $22,000: CryptoSlate Daily wMarket Update appeared archetypal connected CryptoSlate.

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