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Litecoin Leads Flat Market as Outflows Continue: CryptoSlate WMarket Update

The cryptocurrency market saw net outflows of $3.8 billion in the past 24 hours and currently stands at $1.13 trillion – down 0.3% from $1.14 trillion.

During the period under review, the market cap of Bitcoin (BTC) and Ethereum (ETH) fell by 0.7% and 0.3% to $521.18 billion and $223.78 billion, respectively.

In the last 24 hours, the top 10 cryptocurrencies registered a mixed performance. Litecoin posted the most significant gain, up 4%, with on-chain metrics showing reduced hype and an increase in trading volume. While Cardano bought the rear with a 3.3% fall in the price.

Source: CryptoSlate.com

Tether’s market cap (USDT) increased to $83.23 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $28.87 billion and $5.20 billion, respectively.

Bitcoin

Bitcoin was trading down 0.7% at $26,869 as of 07:00 ET. Its market dominance fell from 46.2% to 46.1%.

In the last 24-hours, a push hit a high of $27,340 till Wednesday evening – the spill fell short to find support at $26,610. On Thursday, BTC is trending higher in the morning.

Source: TradingView.com

Ethereum

Over the past 24 hours, Ethereum was trading down 0.3% at $1,861 as of 07:00 ET. Its market dominance remained stable at 19.8%.

During the period under review, ETH saw a peak price of $1,888 by Wednesday evening, declined and bounced back to the $1,840 level. ETH has been moving higher since then.

Source: TradingView.com

Top 5 Beneficiaries

Jigsaw

ARAW is the biggest gainer of the day, having gained 54.3% in the past 24 hours to $0.14755 as of press time. The coin is up 200% in the last seven days. Its market cap was $294.15 million.

Escrocco Emerald

ESCE is up 71.2% to trade at $0.24951 at the time of writing. Its market cap was $249.51 million.

canation

CNNC is up 58.5% in the past 24 hours to $94.1531 as of press time. Its market cap was $233.21 million.

fantasy gold

FGC jumped 41.6% to $12.0040 in the past 24 hours. Its market cap was $1.68 billion.

zinfin

XDC is up 22.8% to $0.03933 as of press time. The project is celebrating its four year mainnet anniversary today. Its market cap was $544.3 million.

top 5 losers

gettoken

GT is the biggest loser of the day, falling 7.5% to $4.45723 at press time. Gate.io denied being affected by the consequences of the disappearance of MultiChain’s CEO. Its market cap was $435.96 million.

flux

FLUX declined by 6.6% to $0.52376 during the period under review. The team said that Project Catastrophe, a generative AI detector, is coming soon. Its market cap was $155.6 million.

tomiNET

TOMI is down 6.3% to $4.17574 at press time. tomi will host the Nakamoto Forum gathering in Marrakech, Morocco. Its market cap was $165.54 million.

OriginTrail

TRAC was trading down 5.6% at $0.27528 as of press time. Project announces grant to advance trustworthy AI. Its market cap was $108.35 million.

mask network

MASK was trading at $4.24413, down 4.9%. Its market cap was $340.06 million.

Posted in: bitcoin, wrap author Samuel Wan analyst on CryptoSlate

Samuel Wan, a finance professional turned full-time crypto content creator, values ​​personal autonomy and personal freedom in his pursuits.

Editor Jacob Oliver Editor at Crypto Slate

Jacob Oliver is a recovering academic and English teacher who went down the crypto rabbit hole in 2017 after recognizing the potential of the technology.

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