Litecoin leads flat market as outflows persist: CryptoSlate wMarket Update

Litecoin leads flat market as outflows persist: CryptoSlate wMarket Update
фото показано с : cryptoslate.com

2023-6-1 14:46

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

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

Over the last 24 hours, the top 10 cryptocurrencies recorded a mixed performance. Litecoin posted the most significant gains, up 4%, fueled by halving hype and on-chain metrics showing an increase in trading volume. While Cardano bought up the rear, losing 3.3% in value.

Source: CryptoSlate.com

Tether’s market cap (USDT) grew 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 decreased by 0.7% to trade at $26,869 as of 07:00 ET. Its market dominance fell to 46.1% from 46.2%.

Over the last 24 hours, a push higher topped out at $27,340 by Wednesday evening – triggering a spill lower to find support at $26,610. Into Thursday, BTC has been edging upwards over the morning.

Source: TradingView.com Ethereum

In the last 24 hours, Ethereum lost 0.3% to trade at $1,861 as of 07:00 ET. Its market dominance stayed flat at 19.8%.

During the reporting period, ETH saw a peak price of $1,888 by Wednesday evening, leading to a drawdown that bounced at the $1,840 level. ETH has since been trickling higher.

Source: TradingView.com Top 5 Gainers ARAW

ARAW is the day’s biggest gainer, growing 54.3% over the last 24 hours to $0.14755 as of press time. The token is up 200% over the past seven days. Its market cap stood at $294.15 million.

Escroco Emerald

ESCE gained 71.2% to trade at $0.24951 at the time of writing. Its market cap stood at $249.51 million.

Cannation

CNNC grew 58.5% over the last 24 hours to $94.1531 as of press time. Its market cap stood at $233.21 million.

FantasyGold

FGC jumped 41.6% to $12.0040 over the last 24 hours. Its market cap stood at $1.68 billion.

XinFin

XDC rose 22.8% to $0.03933 as of press time. The project celebrates its four-year mainnet anniversary today. Its market cap stood at $544.3 million.

Top 5 Losers GateToken

GT is the day’s biggest loser, falling 7.5% to $4.45723 at the time of press. Gate.io denied being impacted by the fallout from Multichain’s CEO going missing. Its market cap stood at $435.96 million.

Flux

FLUX fell 6.6% to $0.52376 over the reporting period. The team said Project Mayhem, a generative AI detector, is coming soon. Its market cap stood at $155.6 million.

tomiNET

TOMI sunk 6.3% to $4.17574 as of press time. tomi will be hosting The Nakamoto Forum gathering in Marrakech, Morocco. Its market cap stood at $165.54 million.

OriginTrail

TRAC fell 5.6% to trade at $0.27528 as of press time. The project announced a grant to advance trusted AI. Its market cap stood at $108.35 million.

Mask Network

MASK lost 4.9% to trade at $4.24413. Its market cap stood at $340.06 million.

The post Litecoin leads flat market as outflows persist: CryptoSlate wMarket Update appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Market.space (MASP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MASP

market outflows trillion down stands btc ethereum

market outflows → Результатов: 126


Seasonality Affecting Bitcoin the Same as Other Asset Classes, Longest Consecutive Outflows Since Jan 2018: CoinShares Report

However, this time, outlaws from Bitcoin investment products are proportionally far less, with only 0.2% of assets under management (AUM) compared to nearly 5% in the 2018 bear market. The post Seasonality Affecting Bitcoin the Same as Other Asset Classes, Longest Consecutive Outflows Since Jan 2018: CoinShares Report first appeared on BitcoinExchangeGuide.

2021-8-17 15:41


No Major Inflows Yet But Outflows in Bitcoin Funds Stopped for Now, ETH Holdings ‘Quite Stable’

Amidst “extreme fear” in the crypto market due to the latest crypto sell-off that sent BTC to about $31,750 and Ether to $1,890, CME Bitcoin futures are back in backwardation. The post No Major Inflows Yet But Outflows in Bitcoin Funds Stopped for Now, ETH Holdings ‘Quite Stable’ first appeared on BitcoinExchangeGuide.

2021-6-22 16:40


Фото:

Bitcoin Outflows From Miner Wallets Plummet To A Multi-Month Low — And That’s Crazy Bullish

Bitcoin miners mostly operate with fiat money and are repetitive sellers in the market, liquidating a portion of their stash to finance their daily operational expenses such as electricity costs.  However, it seems that they are currently hoarding their newly minted coins as they have no incentives of cashing out at current prices. A reduction […]

2021-4-30 22:43


Trouble for Bitcoin as 3 On-Chain Indicators Point to Potential Sell-Offs

Bitcoin bulls should brace for a bearish impact as three of the leading on-chain indicators unanimously warn about potential sell-offs in the spot market ahead. CryptoQuant, a South Korea-based blockchain analysis firm, highlighted the latest readings on their proprietary metrics, one of which studies large BTC outflows from miners’ wallets and the other over-the-counter BTC […]

2021-1-26 16:00