Litecoin re-enters top 10 amid wider market weakness
The cryptocurrency market noticed web outflows of $17.6 billion over the past 24 hours and presently stands at $1.13 trillion — down 1.5% from $1.14 trillion.
Throughout the reporting interval, the Bitcoin (BTC) and Ethereum (ETH) market caps fell 1.4% and 1% to $523.55 billion and $218.09 billion, respectively.
Many of the prime 10 crypto property posted losses over the past 24 hours besides TRON, up 0.3%, and Litecoin, gaining 2.1% to re-enter the highest 10, ousting Polkadot. The most important losers have been Solana and Polygon, down 2.4% and 1.9%, respectively.
The market cap of Tether (USDT) grew to $82.84 billion. In distinction, USD Coin (USDC) and Binance USD (BUSD) fell to $29.80 billion and $5.56 billion, respectively.
Within the final 24 hours, Bitcoin fell 1.4% to commerce at $27,018 as of 07:00 ET. Its market dominance stayed flat at 46.5%.
Throughout the reporting interval, BTC hit a peak worth of $27,660 earlier than trending down to search out assist at $26,860 by Monday night (ET). A muted restoration topped at $27,250, resulting in an additional spill.
Within the final 24 hours, Ethereum decreased 1% to commerce at $1,812 as of 07:00 ET. Its market dominance fell to 19.4% from 19.7%.
Over the reporting interval, ETH’s worth adopted BTC, reaching a $1,846 prime shortly after noon Monday (ET) earlier than bears dipped as little as $1,796. The next restoration misplaced steam at $1,828, resulting in additional promoting.
Prime 5 Gainers
MLK is the day’s greatest gainer, rising 14.4% over the past 24 hours to $0.38392 as of press time. The mission has but to tweet since April 18. Its market cap stood at $108.66 million.
DAO jumped 11.9% to $1.57356 over the past 24 hours. The mission not too long ago unveiled Tenet – an upcoming layer 1 chain. Its market cap stood at $226.5 million.
HEX grew 9.7% over the past 24 hours to $0.03487 as of press time. The PulseChain mainnet launched on Could 13. The present exercise is concentrated on bridging property to the brand new chain. Its market cap stood at $6.05 billion.
CFX rose 9% to $0.31291 as of press time. The token was a prime gainer yesterday off latest curiosity in Conflux incubated mission – Flux Hearth. It was introduced at present that Mildew Finance would migrate to the Conflux ecosystem. Its market cap stood at $900.91 million.
ONT gained 7.7% to commerce at $0.21919 at the time of writing. Node API agency GetBlock has partnered with Ontology. Its market cap stood at $191.84 million.
Prime 5 Losers
EDU is the day’s greatest loser falling 10.1% to $1.18428 on the time of writing. The mission introduced a $10 million international educators fund for content material creation grants. The token was yesterday’s prime gainer. Its market cap stood at $171.86 million.
TEL dropped 9% to commerce at $0.00172. The cellular cost platform stated USDC deposits and EUR withdrawals are actually accessible. Its market cap stood at $115.41 million.
TRAC plunged 8.4% to commerce at $0.26243 as of press time. The crew hosted a particular tech AMA on Could 15. Its market cap stood at $103.29 million.
XDC misplaced 6.9% to $0.03138 over the reporting interval. Its market cap stood at $434.19 million.
UMA fell 6.5% to $2.20875 over the reporting interval. UMA’s optimistic oracle was deployed on Coinbase’s layer 2 mission Base. Its market cap stood at $157.49 million.