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The cryptocurrency market cap saw net inflows of $30 billion and currently stands at $1.25 trillion — up 2.12% from $1.22 trillion.

During the last 24 hours, Bitcoin and Ethereum’s market cap rose 0.87% and 6.36% to $584.87 billion and $239.76 billion, respectively.

Over the reporting period, all the top 10 crypto assets posted gains, with Dogecoin and Ethereum gaining over 6%, respectively. Other assets like Cardano, Polygon, and Polkadot rose by more than 3% each.

The market cap of Tether (USDT) increased to $80.65 billion. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) market caps fell to $32 billion and $6.79 billion, respectively.

In the last 24 hours, Bitcoin rose 0.75% to trade at $30,244 as of 07:00 ET. Its market dominance declined to 46.9% from 47.5%.

During the reporting period, BTC peaked at $30,462. On-chain data shows that BTC whales have began to accumulate the digital asset for the first time since January.

Over the last 24 hours, Ethereum spiked 6.31% to trade at $1,990 as of 07:00 ET. Its market dominance rose to 19.2% from 18.4%.

The highly anticipated Shappella upgrade had minimal impact on the price performance of Ether, with validators withdrawing 84,000 ETH as of press time.

FTT is the day’s biggest gainer growing 68% over the last 24 hours to $2.23284 as of press time. Lawyers of the bankrupt exchange hinted that the platform could be restarted. Its market cap stood at $734.37 million.

XRD is on the top gainer’s list for the second consecutive day. It grew 33.8% to $0.07209 during the reporting period. Its market cap stood at $731.44 million.

MC gained 15.25% to trade at $0.34189 at the time of writing. The Ethereum-based token has been up 11% over the past month. Its market cap stood at $128.43 million.

ID rose 16.38% to $0.51959 over the last 24 hours. Interest in the digital identity protocol has increased since Binance listed it on its launchpad. Its market cap stood at $148.6 million.

WOO is up 13% to $0.25068 as of press time. The blockchain network token rose 17% in the last 30 days. Its market cap stood at $421.93 million.

TEM is the day’s biggest loser, falling 17.64% to trade at $0.02949 at the time of writing. The token was the biggest gainer on April 12. Its market cap stood at $799.22 million.

MBX is down 7.78% to $2.37262 as of press time. Its market cap stood at $122.21 million.

MLK declined 5.79% to $0.43458 over the reporting period. The token’s value retraced to its current levels after rising by almost 15% on April 11. Its market cap stood at $119.6 million.

STX dropped 5.15% to trade at $0.88098. The Bitcoin layer2 network has fallen 15% in the last 30 days. Its market cap stood at $1.21 billion.

APE decreased by 4.96% to $4.47408. Its market stood at $1.65 billion.

The post CryptoSlate wMarket Update: Seamless Shappella upgrade pushes Ethereum closer to $2000 appeared first on CryptoSlate.

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