The cryptocurrency market cap saw net inflows of $17.98 billion over the last 24 hours and currently stands at $837.18 billion from $819.2 billion -up 2.70% over the reporting period.
Bitcoin and Ethereum’s market cap increased by 1.67% and 3.74% to $317.09 billion and $148.88 billion, respectively.
The top 10 cryptocurrencies all posted gains over the reporting period. Dogecoin posted the biggest gain in the last 24 hours, up 9.84%. BTC and ETH gained 1.77% and 3.92%, respectively.
Over the reporting period, USD Coin’s (USDC) and BinanceUSD’s (BUSD) market cap decreased to $43.83 billion and $22.38 billion, respectively. Meanwhile, Tether’s (USDT) market cap remained flat at $65.34 billion.
Bitcoin
Over the reporting period, Bitcoin gained 1.77% to trade at $16,500 as of 07:00 ET. Its market dominance fell to 37.9% from 38% over the reporting period.
During the last 24 hours, Bitcoin traded for as high as $16,522 and bottomed at around $16,054.
Ethereum
ETH posted 3.92% gains over the last 24 hours to trade at $1,216 as of 07:00 ET. As a result, its market dominance increased to 17.8% from 17.5% over the reporting period.
Ethereum’s price action mostly mirrored Bitcoin. ETH traded at a high of $1,218 and bottomed at $1,156 in the last 24 hours.
Top 5 Gainers
Vulcan Forged PYR
PYR is the day’s biggest gainer, growing by 11.56% over the last 24 hours to $3.26 as of press time. The NFT-related token has grown by over 21% in the last seven days. Its market cap stood at $88.62 million.
Hashflow
HFT rose 11.21% over the reporting period to $0.58 as of press time. The DEX token has risen by 27% over the past week. Its TVL is at $37.72 million. Its market cap stood at $95.02 million.
Mask Network
MASK gained 10.92% in the last 24 to trade at $3.16. The token has been on a green run over the past month, rising by over 37%. Its market cap stood at $217.87 million.
Dogecoin
DOGE continues its impressive price performance, increasing by 10.33% over the reporting period to $0.103. Its market cap stood at $13.79 billion.
Telcoin
TEL saw a gain of 10.03% in the last 24 hours. It was trading for $0.0026 as of press time. Its market cap stood at $169.14 million.
Top 5 Losers
MobileCoin
MOB is the day’s biggest loser, shedding 18.06% of its value to trade at $1.46 as of press time. It was unclear why the token was falling. Its market cap stood at 110.22 million.
Link
LN fell 8.47% in the last 24 hours to $24.36. Its market cap stood at $152.67 million.
Trust Wallet Token
TWT bucked its recent green run, losing 5.33% in the last 24 hours to $2.02. Its market cap stood at $845.66 million.
Nano
XNO plunged 5.24% over the reporting period to trade at $0.758 as of press time. The digital asset gained over 39% in the last seven days. Its market cap stood at $101.48 million.
Kaspa
KSP lost 5.01% in the last 24 hours, trading for $0.00877 as of press time. Its market cap stood at $127.73 million.
