CryptoSlate Daily wMarket Update: Bears take control as Bitcoin dips to $23,500

CryptoSlate Daily wMarket Update: Bears take control as Bitcoin dips to $23,500
фото показано с : cryptoslate.com

2023-2-3 15:45

The cryptocurrency market cap saw a net outflow of around $10 billion over the last 24 hours and currently stands at $1.08 trillion — down 0.86% from $1.09 trillion.

Over the reporting period, Bitcoin and Ethereum’s market cap fell 1.32% and 1.51% to $453.27 billion and $201.57 billion, respectively.

The top 10 crypto assets posted losses across the board over the reporting period except Polkadot, which is up 3.96%. The top losers included Polygon, Dogecoin, and Solana, which decreased by 3.58%, 2.19%, and 2.27%, respectively.

Source: CryptoSlate.com

Over the last 24 hours, the market caps of Tether (USDT) and USD Coin (USDC) marginally rose to $68.04 billion and $42.44 billion, respectively. On the other hand, the market cap of BinanceUSD (BUSD) remained flat at $16.10 billion.

Bitcoin

Over the last 24 hours, Bitcoin fell 1.3% to trade at $23,523 as of 07:00 ET. Its market dominance dropped to 41.9% from 42.1%.

During the reporting period, BTC managed to stay above $23,500 after surging to $24,091 around on Feb. 2. The asset liquidated over $30 million from traders who held long positions.

BTC Price Performance (Source: Tradingview.com) Ethereum

Ethereum declined 1.4% over the last 24 hours to trade at $1,648 as of 07:00 ET. Its market dominance remained flat at 18.7%.

ETH traded above $1700 for the first time since September 2022 but soon retraced to its current levels after the bears took control of the market.

ETH Price Performance (Source: Tradingview.com) Top 5 Gainers TerraUSD

USTC is the day’s biggest gainer, rising 57.97% over the reporting period to $0.039 as of press time. Terra community members have passed a new proposal to re-peg the algorithmic stablecoin. Its market cap stood at $390.36 million.

Illuvium

ILV grew 38.35% to $101.96 as of press time. The play-to-earn game rose by over 150% in the last 30 days. Its market cap stood at $214.84 million.

Orbs

ORBS gained 32.67% over the reporting period to trade at $0.040 as of press time. The blockchain network has enjoyed a stellar start to the year, growing by over 90 since Jan. 1. Its market cap stood at $115.17 million.

Wemix

WEMIX jumped 23.41% to $1.11 as of press time. The NFT-related token recently burnt 2 million WEMIX Classic tokens. Its market cap stood at $280.54 million.

Baby Doge Coin

BabyDoge rose 18.4% to $0.000000001874 as of press time. Earlier today, the meme coin revealed that it had burnt over 352 million tokens, and the total value of assets locked on its decentralized exchange (DEX) crossed $40 million. Its market cap stood at $214.75 million.

Top 5 Losers Bitgert

BRISE is the day’s biggest loser, posting 13.47% losses and exchanging hands for $0.00000049 as of press time. The Binance Smart Chain-based crypto has erased its gains of Feb. 2. Its market cap stood at $195.38 million.

Hooked Protocol

HOOK fell 11.48% in the last 24 hours to $3.04. The token is on a downward trend, falling by over 14% in the previous seven days. Its market cap stood at $153.49 million.

Status

SNT is on the top losers list for the second consecutive day. The token plunged 9.93% to $0.031 as of press time. The token rose by over 60% in the last 30 days. Its market cap stood at $123.95 million.

Storj

STORJ decreased 9.14% to $0.39 as of press time. The filesharing token rose by 53% over the last 30 days. Its market cap stood at $162.98 million.

dYdX

DYDX is down 9.02% to $3.13 as of press time. The DEX token has seen improved price performance since its foundation released a bullish report about its ecosystem. Its market cap stood at $491.53 million.

The post CryptoSlate Daily wMarket Update: Bears take control as Bitcoin dips to $23,500 appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Amun Bitcoin 3x Daily Long (BTC3L) 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 BTC3L

cryptoslate 500 wmarket trillion daily dips bears

cryptoslate 500 → Результатов: 120


CryptoSlate Wrapped Daily: Binance to set up blockchain team for Twitter after $500M investment; Terra collapse sparked BTC supply growth

The biggest news in the cryptoverse for October 28 includes Binance making a $500 million contribution to Elon Musk’s Twitter deal, Ethereum outperforming other Layer-1 networks, deBridge introducing a new standard for cross-chain transfers, and Wisdom Tree recording a loss of about 36% in crypto assets in the third quarter.

2022-10-29 01:14


One NFT trader paid $500,000 to mint 1000 Tubby Cats NFT

Ethereum’s high gas fees have once again reared its ugly head, as one NFT trader paid over $500,000 to mint 1000 non-fungible tokens from the Tubby Cats NFT collection.  $500,000 paid as gas fees According to available data on Etherscan, the individual paid 204 ETH, which roughly translates to $553,000 as gas fees for a […] The post One NFT trader paid $500,000 to mint 1000 Tubby Cats NFT appeared first on CryptoSlate.

2022-2-25 16:15


DeFi hacks on Binance Smart Chain continue as ‘Impossible Finance’ drained for $500k

Impossible Finance, a decentralized finance (DeFi) protocol on the Binance Smart Chain has been exploited for $500,000 in a flash loan attack.  A flash loan attack is a common type of DeFi exploits in which hackers take an uncollateralized loan from a lending protocol and through a series of technical maneuvers manipulate the market in […] The post DeFi hacks on Binance Smart Chain continue as ‘Impossible Finance’ drained for $500k appeared first on CryptoSlate.

2021-6-23 01:00


Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week

Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […] The post Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week appeared first on CryptoSlate.

2020-4-28 17:00


Bitcoin is up 24% in 2 days, but it’s showing two key signs of a local top

The Bitcoin price has recovered by 24 percent in the last 32 hours from around $4,394 to $5,500. It has since stabilized at $5,300, but it is now showing two signs of a local top. What are the two signs Bitcoin is showing? While the Bitcoin price has shown a promising upsurge since March 16 […] The post Bitcoin is up 24% in 2 days, but it’s showing two key signs of a local top appeared first on CryptoSlate.

2020-3-18 21:22


Bitcoin abruptly drops as it hits $10,500 causing panic in the market

Bitcoin has been on a near-relentless rally higher over the past 60 days, entering a clear uptrend after bottoming at $6,400 in December of 2019. It has gained 63 percent since the local bottom. Although this is already an impressive feat in and of itself, analysts expected the cryptocurrency’s prospects to turn even more optimistic […] The post Bitcoin abruptly drops as it hits $10,500 causing panic in the market appeared first on CryptoSlate.

2020-2-13 11:42


Bitcoin bulls defend against massive selling pressure; how long will they sustain?

Bitcoin’s recent sell-off was further perpetuated by bears last night when they garnered enough strength to push BTC back down to its key short-term support level that currently exists at $8,500. The cryptocurrency’s bulls have been able to defend this level over the past 24-hours and have begun to gain some upwards momentum as they […] The post Bitcoin bulls defend against massive selling pressure; how long will they sustain? appeared first on CryptoSlate.

2020-1-21 14:10


Фото:

Bitcoin blasts through key resistance as analysts eye potentially major upside

Bitcoin is currently in the process of breaking out of its recent consolidation phase, as BTC’s bulls are pushing the crypto up towards its key resistance levels around the $8,300 region. Although it does appear that the cryptocurrency is currently struggling to break above its recent highs of $8,500, its current momentum does appear to […] The post Bitcoin blasts through key resistance as analysts eye potentially major upside appeared first on CryptoSlate.

2020-1-14 08:30