[ad_1]
The cryptocurrency market cap saw a net outflow of around $19 billion over the last 24 hours and currently stands at $1,047.31 billion — down 1.81% from $1,066 billion
During the reporting period, the market caps of Bitcoin and Ethereum fell by 1.29% and 1.55% to $445.8 billion and $193.8 billion, respectively.
All the top 10 cryptocurrencies posted losses over the last 24 hours. Polygon topped the list, down 5.2%. Followed by Polkadot and Dogecoin which lost 4.58% and 3.93%, respectively.
Since the last market update, Tether’s market cap (USDT) has grown to $67.78 billion. On the other hand, USD Coin (USDC) and BinanceUSD (BUSD) market caps fell to $43.47 billion and $15.76 billion, respectively.
Bitcoins
Over the last 24 hours, Bitcoin was down 1.47% to trade at $23,097 by 7AM ET. Its market dominance grew slightly to 42.5% from 42.4%.
Over the weekend, Bitcoin traded near $24,000, hitting a peak of $23,919 on January 29 before retracing to current levels. The leading digital asset saw a slight selloff during the early trading hours of the day.
BTC Price Performance (Source: Tradingview.com)
Ethereum
Ethereum lost 1.60% over the last 24 hours to trade at $1,583 by 7AM ET. Its market dominance fell to 18.4% from 18.5%.
ETH’s price action mirrors that of BTC, trading at a peak of $1,653 on Jan. 29 before experiencing a sharp selloff that dented its value.
Top 5 Earners
Everscale
EVER was the biggest gainer today, increasing 89.45% over the reporting period to $0.11 at press time. Bullish sentiment around the token is currently high as DeFi TVL is up 31% in the last 24 hours, according to DeFiLlama data. Its market cap is $191.99 million.
DAO builder
DAO is up 27.46% in the last 24 hours to $1.18 as of writing. Launchpad has started its anniversary campaign and is working to reduce its token supply by buying them back. Its market cap is $170.83 million.
Mina
MINA is up 25.84% during the reporting period and has changed hands of $0.84 at the time of this press release. Token has seen the OpenMina node browser concept enjoy more support from the community. Its market capitalization is $695.03 million.
injective
INJ jumped 10.38% to $2.80 at the time of writing. The smart contract-enabled platform recently launched a $150 million fund to increase decentralized finance (DeFi) adoption. Its market cap is $204.45 million.
Syscoins
SYS is up 8.37% in the last 24 hours to $0.17 as of writing. Proof-of-work (PoW) tokens have increased by 70% over the past 30 days. Its market cap is $128.91 million.
Top 5 Losers
Alethea Artificial Liquid Intelligence Token
ALI was the biggest loser of the day, down 11.39% over the reporting period to $0.035 at press time. The AI token was one of the biggest winners over the last 30 days, increasing almost 300%. Its market cap is $128.58 million.
Linked Protocol
HOOK is down 11.01% in the last 24 hours to $3.11. The token appears to have lost some of the gains it made over the past seven days when it gained 14%. Its market capitalization is $155.78 million.
Conflux Network
CFX decreased 9.76% over the reporting period to $0.059 at press time. The token underwent a massive sell-off in the last 24 hours after posting gains last week. Its market capitalization is $124.35 billion.
Magic
The Magic has lost 9.5% in the last 24 hours and is trading for $1.36 at press time. NFT-linked tokens have recorded gains of at least 3% over the last seven days. Its market cap is $284.24 million.
iExec RLC
RLC continued its poor price performance, falling 8.92% to $1.68 during the reporting period. Its market cap is $136.89 million.
[ad_2]
Source link