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In the last 24 hours, the cryptocurrency market capitalization has recorded a net inflow of around $8 billion and currently stands at $836.19 billion at the time of writing.
Bitcoin market cap increased 1% from $318.5 billion to $322 billion. Ethereum’s market cap increased by 1.28% from $146.8 billion to $149.1 billion.
All of the top 10 cryptocurrencies recorded modest gains during the reporting period. The only outlier was Solana, which fell 4.48%. BTC and ETH rose by 0.91% and 1.23% respectively.
During the reporting period, Tether (USDT) market cap remained flat at $65.9 billion, while USD Coin (USDC) and Binance USD (BUSD) market caps declined to $44.09 billion and $22.9 billion respectively.
Over the past 24 hours, Bitcoin is up 0.91%, trading at $16,733 as of ET 07:00. Its market dominance remained flat at 38.5% during the reporting period.
During trading hours, BTC peaked at $16,947 and bottomed at $16,479. Market participants remain cautious due to fears of contagion.
ETH is up 1.23% over the last 24 hours and is trading at $1,215 at 07:00 ET. Its market dominance remained at 17.8% during the reporting period.
ETH hit a high of $1,226 in the last 24 hours and a low of $1,189.
SSV was the biggest gainer of the day, up 24.36% to $10.14 at the time of writing. At the time of writing, it was unclear why the token was rising. Its market cap was he $102.81 million.
POWR rose 19.57% to $0.16 during the reporting period. Its market capitalization was $78.21 million.
VOLT increased by 19.07% to $0.0000019067 over the last 24 hours Press time now. Tokens have increased by over 90% over the past week. Its market cap was he $104.12 million.
SFP traded for $, up 16.33% over the last 24 hours0.73 at the time of writing. The token is up 123% over the last 7 days. Its market capitalization was $80.01 million.
EWT increased 13.58% to $3.89 over the reporting period. Its market cap was he $117.08 million.
The biggest loser of the day was FRTS, which has lost 7.03% of its value over the past 24 hours to $0.011 at the time of writing. This digital asset has lost over 14% of its value in the last 7 days. Its market capitalization was $233.79 million.
SYN fell 5.04% during the reporting period to $0.63 at the time of writing. Its market capitalization was $88.71 million.
SOL continues to struggle after the implosion of FTX. Blockchain network token SOL fell 4.48% to $ during the reporting period.13.54. Its market capitalization he was $4.91 billion.
DYDX recorded a loss of 4.45% during the reporting period and traded at $.2.14 Press. DEX tokens are up over 11% over the last 7 days.Its market capitalization was $140.4 million
KAS fell 3.99% to $0.00618 on press. The PoW token is one of the few market outliers in the last 30 days, showing a 262% gain. Its market capitalization was $89.32 million.
