CryptoSlate Daily wMarket Update: Bitcoin hits $19,000 as market cap crosses $900B CryptoSlate Daily wMarket Update: Bitcoin hits $19,000 as market cap crosses $900B
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
2 min read
Updated: Jan. 13, 2023 at 12:40 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
The cryptocurrency market cap saw net inflows of $22.51 billion over the last 24 hours and currently stands at $907.55 billion — up 2.5% from $885.04 billion.
Bitcoin’s market cap increased by 4% to $364.44 billion from $350.53 billion, while Ethereum’s market cap grew 0.9% to $172.54 billion from $171.06 billion over the reporting period.
In the last 24 hours, the top 10 cryptocurrencies all recorded gains, with Bitcoin topping the list, up 4%. Litecoin brings up the rear, growing just 0.6%.
Since the last report, the market caps of Tether (USDT) and USD Coin (USDC) were up $66.28 billion and $44.02 billion, respectively. By contrast, BinanceUSD (BUSD) decreased to $16.32 billion.
Bitcoin
Over the last 24 hours, Bitcoin grew 4% to trade at $18,929 as of 07:00 ET. Its market dominance rose to 40.2% from 39.6%.
BTC spiked higher on Thursday afternoon (ET), reaching a peak price of $19,126 by the early evening before bears stepped in to lower the price.
Ethereum
Ethereum grew 0.9% over the last 24 hours to trade at $1,411 as of 07:00 ET. Its market dominance fell to 19% from 19.3%.
The price performance of ETH mirrored BTC’s, recording a peak price of $1,438 by Thursday early evening (ET). The subsequent drawdown bottomed at $1,401 before edging higher over the rest of the reporting period.
Top 5 Gainers
Micromines
MICRO is today’s top gainer, rising by 208.6% over the last 24 hours to $0.00836 as of press time. No recent fundamental developments were noted. Its market cap stood at $150.5 million.
XYO
XYO was up 41.1% to trade at $0.00743 as of press time. No recent fundamental developments were noted. Its market cap stood at $95.4 million.
SingularityNET
AGIX gained 39.4% over the reporting period to trade at $0.11932 as of press time. The token is up 145% over the past week. Its market cap stood at $137.63 million.
Kaspa
KAS grew 24.4% in the last 24 hours to $0.006. Its market cap stood at $95.37 billion.
Top 5 Losers
Neutrino USD
USDN is the day’s biggest loser, falling 4.6%% to $0.36412 as of press time. The WAVES-backed algorithmic stablecoin depegged from its $1 price last summer. Its market cap stood at $247.7 million.
LUKSO
LYXe decreased 1.6% to $9.19532 as of press time. Despite today’s minor sell-off, the token is up 67.5% over the past month. Its market cap stood at $141.66 million.
ABBC Coin
ABBC shed 1.1% over the reporting period to trade at $0.09514 as of press time. Its market cap stood at $99.99 million.
BORA
BORA dropped 0.8%% over the reporting period to $0.13578. Its market cap stood at $125.93 million.
Mentioned in this article
Author 
Samuel Wan
Samuel Wan, a finance professional turned full-time crypto content creator, values individual autonomy and personal freedom in his pursuits.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,414.62
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
SingularityNET
$0.65547
SingularityNET is a decentralized marketplace for AI services.
Kaspa
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Neutrino USD
$0.02495
Neutrino USD (USDN) is an algorithmic crypto-collateralized stablecoin pegged to the US dollar.
LUKSO (Old)
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LUKSO, the Blockchain for the new digital lifestyle is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js and the Mist Browser.
ABBC Coin
$0.00556
The ABBC platform will allow users to send and receive funds, make online purchases using their own ABBC wallet, exchange ABBC coins at profitable rates, as well as trade and manage funds..
BORA
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BORA is a decentralized entertainment platform focused to distribute digital content and provide incentives to participants.
