CryptoSlate Daily wMarket Update: Bitcoin’s continued rally sparks $25k dream CryptoSlate Daily wMarket Update: Bitcoin’s continued rally sparks $25k dream
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
3 min read
Updated: Mar. 14, 2023 at 11:38 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
In the last 24 hours, the cryptocurrency market cap saw net inflows of around $70 billion and currently stands at $1.08 trillion โ up 6.96% from $1.01 trillion.
Over the reporting period, Bitcoin and Ethereum’s market cap increased by 12.33% and 6.4% to $479.86 billion and $206.67 billion, respectively.
The top 10 crypto assets maintained impressive price performance over the last 24 hours. The biggest gainers were flagship digital assets, BTC and ETH, which rose by 10.98% and 6.29%, respectively.
In the last 24 hours, the market cap of Tether (USDT) slightly increased to $73.28 billion. Meanwhile, Binance USD (BUSD) remained flat at $8.3 billion, while USD Coin (USDC) decreased to $39.47 billion.
Bitcoin
In the last 24 hours, Bitcoin increased 10.98% to trade at $24,554 as of 07:00 ET. Its market dominance increased to 44% from 42.3%.
During the reporting hours, Bitcoin continued with its market rally, trading bear $25,000.
Ethereum
Over the last 24 hours, Ethereum gained 6.29% to trade at $1,684 as of 07:00 ET. Its market dominance dropped to 19.1% from 19.2%.
ETH’s price performance mirrored that of Bitcoin. The asset peaked at $1699, increasing speculations that it might soon breach the $2000 level.
Top 5 Gainers
RSK Infrastructure Framework
RIF is the day’s biggest gainer, rising 36.02% over the reporting period to $0.15 as of press time. The altcoin is one of the biggest gainers in the last 30 days, outperforming Bitcoin by more than 12 times during the period, according to CryptoDiffer data. Its market cap stood at $143.46 million.
Conflux Network
CNX is on the top gainer’s list for the second consecutive day. The token jumped 31.12% to $0.249. The China-related project has continued to score several partnerships bolstering its recent growth. Its market cap stood at $663.54 million.
Blur
BLUR is up 27.39% to $0.64 as of press time. The NFT marketplace maintained its dominance over rival OpenSea in February, according to Binance Research. Its market cap stood at $265.12 million.
Threshold
T increased 21.74% to $0.042 as of press time. The token has grown 8% in the last 30 days. Its market cap stood at $368.67 million.
Keep Network
KEEP grew 21.69% in the last 24 hours to trade at $0.19 as of press time. Its market cap stood at $171.47 million.
Top 5 Losers
UNUS SED LEO
LEO is the day’s biggest loser, falling 2.76% to trade at $3.34 at the time of writing. The token is on the top losers list for the second consecutive day. Its market cap stood at $3.19 billion.
LUKSO
LYXe plunged 1.67% to $8.85 over the reporting period. The token has been down 16% over the past 30 days. Its market cap stood at $136.43 million.
APENFT
NFT fell 1.05% to $0.000000429. It was unclear why the token was experiencing a sell-off. Its market cap stood at $119.06 million.
Maker
MKR appears to have shed some of its March 13 gains. The DeFi token is down 0.66% to $872.88 as of press time. Its market cap stood at $853.36 million.
Alethea Liquid Intelligence
ALI declined 0.41% to $0.051 at the time of writing. The AI-related token has fallen by 11% over the last 30 days. Its market cap stood at $183.4 million.
Mentioned in this article
Bitcoin 
Ethereum 
Alethea Liquid Intelligence 
Maker 
UNUS SED LEO 
Conflux Network 
RSK Infrastructure Framework 
APENFT 
Blur 
Keep Network 
LUKSO (Old) 
Threshold Posted In: Wrapped
Author 
Oluwapelumi Adejumo
Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Ethereum
$3,139.96
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Alethea Liquid Intelligence
$0.01995
Alethea AI is building a decentralized protocol to create an Intelligent Metaverse inhabited by interactive and intelligent NFTs (iNFTs).
Maker
$2,909.01
Maker is a decentralized autonomous organization on the Ethereum blockchain seeking to minimize the price volatility of its own stable token โ the Dai โ against the IMFโs international currency basket SDR.
UNUS SED LEO
$5.76891
UNUS SED LEO (LEO) is a cryptocurrency token and operates on the Ethereum platform.
Conflux Network
$0.24140
Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0.
RSK Infrastructure Framework
$0.18854
RIF (Rootstock Infrastructure Framework) is a third layer on top of Bitcoin that provides a wide range of solutions based on blockchain technology such as payments, storage, and domaining (RNS).
APENFT
$0.00000
APENFT was officially registered in Singapore on March 29, 2021 to meet opportunities and address pain points in the industry.
Keep Network
$0.16627
Keep is building infrastructure for autonomous private data on public blockchains, DApps, and DAOs.
LUKSO (Old)
$3.68780
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.
Threshold
$0.03447
The Threshold network provides and maintains a suite of cryptographic primitives for several dApps.
