CryptoSlate Daily wMarket Update: Bitcoin hits $19,000 as market cap crosses $900B

Share This Post

The cryptocurrency market cap saw net inflows of $22.51 billion over the last 24 hours and currently stands at $907.55 billion — up 2.5% from $885.04 billion.

Bitcoin’s market cap increased by 4% to $364.44 billion from $350.53 billion, while Ethereum’s market cap grew 0.9% to $172.54 billion from $171.06 billion over the reporting period.

In the last 24 hours, the top 10 cryptocurrencies all recorded gains, with Bitcoin topping the list, up 4%. Litecoin brings up the rear, growing just 0.6%.

Top 10 cryptocurrencies
Source: CryptoSlate.com

Since the last report, the market caps of Tether (USDT) and USD Coin (USDC) were up $66.28 billion and $44.02 billion, respectively. By contrast, BinanceUSD (BUSD) decreased to $16.32 billion.

Bitcoin

Over the last 24 hours, Bitcoin grew 4% to trade at $18,929 as of 07:00 ET. Its market dominance rose to 40.2% from 39.6%.

BTC spiked higher on Thursday afternoon (ET), reaching a peak price of $19,126 by the early evening before bears stepped in to lower the price.

Bitcoin chart
Source: TradingView.com

Ethereum

Ethereum grew 0.9% over the last 24 hours to trade at $1,411 as of 07:00 ET. Its market dominance fell to 19% from 19.3%.

The price performance of ETH mirrored BTC’s, recording a peak price of $1,438 by Thursday early evening (ET). The subsequent drawdown bottomed at $1,401 before edging higher over the rest of the reporting period.

Ethereum chart
Source: TradingView.com

Top 5 Gainers

Micromines

MICRO is today’s top gainer, rising by 208.6% over the last 24 hours to $0.00836 as of press time. No recent fundamental developments were noted. Its market cap stood at $150.5 million.

XYO

XYO was up 41.1% to trade at $0.00743 as of press time. No recent fundamental developments were noted. Its market cap stood at $95.4 million.

SingularityNET

AGIX gained 39.4% over the reporting period to trade at $0.11932 as of press time. The token is up 145% over the past week. Its market cap stood at $137.63 million.

Kaspa

KAS grew 24.4% in the last 24 hours to $0.006. Its market cap stood at $95.37 billion.

Top 5 Losers

Neutrino USD

USDN is the day’s biggest loser, falling 4.6%% to $0.36412 as of press time. The WAVES-backed algorithmic stablecoin depegged from its $1 price last summer. Its market cap stood at $247.7 million.

LUKSO

LYXe decreased 1.6% to $9.19532 as of press time. Despite today’s minor sell-off, the token is up 67.5% over the past month. Its market cap stood at $141.66 million.

ABBC Coin

ABBC shed 1.1% over the reporting period to trade at $0.09514 as of press time. Its market cap stood at $99.99 million.

BORA

BORA dropped 0.8%% over the reporting period to $0.13578. Its market cap stood at $125.93 million.

The post CryptoSlate Daily wMarket Update: Bitcoin hits $19,000 as market cap crosses $900B appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Analyst Warns Of A ‘Super Signal’ For Cardano (ADA): Could It Outperform Bitcoin?

Cardano (ADA) has recently recorded impressive gains of nearly 13% over the past week, outperforming Bitcoin (BTC), the largest cryptocurrency by market capitalization Analysts are optimistic about

Turkey Scraps Planned Crypto Tax, Targets Economic Reforms

Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz While previously discussed, the plan has been dropped,

Robinhood And Revolut Consider Entering The $170 Million Stablecoin Market – Report

According to a Bloomberg report, crypto trading platform Robinhood and financial technology company Revolut are exploring the launch of their own stablecoins The potential move from Robinhood and

Ethereum Price Eyes Bitcoin’s Lead: Can It Climb to a New Weekly High?

Ethereum price is eyeing a fresh increase like Bitcoin ETH must surpass $2,665 to continue higher and trade to a new high in the near term Ethereum is aiming for a fresh increase above the $2,665

Historical Trends Put Bitcoin At $400,000 With Shocking Timeline

Based on historical trend patterns, a crypto analyst has forecasted that Bitcoin could hit a staggering peak of $400,000 This ambitious price target would require Bitcoin to jump over 6X its current

Bitcoin Price Back on Track: Can It Maintain Traction?

Bitcoin price started a fresh increase above the $64,750 resistance BTC is now consolidating near $65,000 and might remain supported Bitcoin is consolidating gains near the $65,000 zone The price is