The cryptocurrency market cap saw net outflows of around $5.59 billion over the last 24 hours and currently stands at $1,041.72 billion — down 0.65% from $1,047.31 billion.
Over the reporting period, Bitcoin and Ethereum’s market cap fell by 1.06% and 0.74% to $441.02 billion and $192.3 billion, respectively.
All top 10 crypto assets printed losses except Dogecoin, Litecoin, and BNB. DOGE rose the highest following news that Elon Musk plans to build a payment system that could support crypto on Twitter.
Over the last 24 hours, the market cap of Tether (USDT) grew to $67.82 billion. On the other hand, the market caps of USD Coin (USDC) and BinanceUSD (BUSD) marginally decreased to $42.72 billion and $15.73 billion, respectively.
Bitcoin
Over the last 24 hours, Bitcoin fell 1.53% to trade at $22,877 as of 07:00 ET. Its market dominance dropped to 42.4% from 42.5%.
During the reporting period, Bitcoin saw its third-highest long liquidation of the year, as traders holding long positions in the asset were liquidated following its decline to under $23,000.
Ethereum
Ethereum lost 0.88% over the last 24 hours to trade at $1,570 as of 07:00 ET. Its market dominance rose to 18.5% from 18.4%.
ETH price action mirrored BTC, trading mostly sideways after bottoming at $1,546 over the reporting period.
Top 5 Gainers
Everscale
EVER is the day’s biggest gainer for the second consecutive day, increasing 70.91% over the reporting period to $0.16Â as of press time. The project developers have described the new interest and growth within its ecosystem as organic, promising new updates in the future. Its market cap stood at $291.63 million.
MobileCoin
MOB rose 58.34% in the last 24 hours to $1.74 as of press time. The privacy-focused asset has increased by 48% in the previous seven days. Its market cap stood at $128.81 million.
Wrapped Everscale
The wrapped version of Everscale, WEVER, is among the day’s top gainers. The token has increased by 38% to $0.087. Its market cap stood at $151.24 million.
Voyager Token
VGX gained 31.37% in the last 24 hours to trade at $0.53 as of press time. Alameda Research has filed a lawsuit against Voyager to claw back its $446 million loan repayment. Its market cap stood at $150.28 million.
Mask Network
MASK jumped 26.99% over the reporting period to $3.72. The content creation token’s value rallied following news of Elon Musk’s plan to build a payment system that could support crypto on Twitter. Its market cap stood at $254.23 million.
Top 5 Losers
Conflux Network
CFX is the day’s biggest loser, decreasing 11.37% over the reporting period to $0.053Â as of press time. The token has experienced a massive sell-off in the last 48 hours, trading at 95% below its all-time high. Its market cap stood at $111.11Â billion.
Hooked Protocol
HOOK’s value declined for the second consecutive day, falling by 11.18 in the last 24 hours to $3.11. The protocol is trying to draw interest with the launch of its Hooked Avatar NFTs. Its market cap stood at $139.5Â million.
BitDAO
BIT plunged 10.57% to $0.49. Despite the broader crypto market rally, the governance token has been down 7% over the past month. Its market cap stood at $1.04 billion.
Alethea Artificial Liquid Intelligence Token
ALI is on the top losers’ list for the second consecutive day. It is down 10.15% over the reporting period to $0.032 as of press time. The AI token has fallen by nearly 10% in the last seven days. Its market cap stood at $115.64 million.
SKL lost 9.41% to trade at $0.033 as of press time. Its market cap stood at $139.43 million.
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