CryptoSlate wMarket Update: Bitcoin trades at lowest value in April as market rut continues
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CryptoSlate wMarket Update: Bitcoin trades at lowest value in April as market rut continues

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

In the last 24 hours, the cryptocurrency market cap saw net outflows of $10 billion and currently stands at $1.15 trillion — down 0.8% from $1.16 trillion.

During the period, Bitcoin and Ethereum's' market caps fell 0.28% and 1.53% to $529.82 billion and $219.22 billion, respectively.

Meanwhile, most top 10 cryptocurrencies saw losses during the last 24 hours. According to CryptoSlate data, only BNB and Litecoin posted meager gains of 0.08% and 2.25%, respectively.

CryptoSlate wMarket update
Source: CryptoSlate

The market cap of Tether (USDT) grew to $81.53 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.72 billion and $6.41 billion, respectively.

Bitcoin

In the last 24 hours, Bitcoin fell 0.11% to trade at $27,327 as of 07:00 ET. Its market dominance grew to 46% from 45.8%.

During the reporting period, Bitcoin mostly traded in a range. The flagship digital asset peaked at $27,701 and bottomed at $27,070.

CryptoSlate wMarket update
Source: Tradingview

Ethereum

Over the last 24 hours, Ethereum fell 1.42% to trade at $1,816 as of 07:00 ET. Its market dominance fell to 19.0% from 19.2%.

ETH mirrored BTC's price performance and peaked at $1,874 during the reporting period.

CryptoSlate wMarket update
Source: Tradingview

Top 5 Gainers

Floki Inu

FLOKI is the day's biggest gainer growing 35.87% over the last 24 hours to $0.00004 as of press time. Binance.US listed the meme coin on April 24. Its market cap stood at $380.12 million.

tomiNET

TOMI grew 23.91% over the last 24 hours to $3.35038 as of press time. The privacy token has risen by 22% in the previous 30 days. Its market cap stood at $132.82 million.

Injective

INJ gained 9.14% to trade at $7.17559 at the time of writing. The layer1 network recently celebrated processing over 200 million transactions. Its market cap stood at $574.09 million.

FLEX

FLEX rose 7.06% to $1.13298 over the last 24 hours. The OPNX exchange utility token has enjoyed increased interest with the rising trade volume on the platform. Its market cap stood at $111.79 million.

Braintrust

BTRST is up 6.64% to $0.87080 as of press time. The project recorded a positive first quarter, according to data from Messari. Its market cap stood at $121.19 million.

Top 5 Losers

TemDAO

TEM is the day's biggest loser for the second consecutive day. The project fell 19.12% to trade at $0.00639 at the time of writing. Its market cap stood at $173.09 million.

PancakeSwap

CAKE declined 15.33% to $2.69305 over the reporting period. The DEX token has been down 30% over the last 30 days. Its market cap stood at $522.13 million.

OMG Network

OMG decreased 10.09% to $1.12002 over the reporting period. Its market cap stood at $157.08 million.

Locus Chain

LOCUS dropped 10.3% to trade at $0.05329. Despite today's drawdown, the token is up 11% over the past 30 days. Its market cap stood at $110.89 million.

Bitgert

BRIS plunged 6.79% to trade at $0.0000004042. The token has shed part of the gains it made on April 24. Its market cap stood at $160.88 million.

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Related Asset Bitcoin #1 BTC $71,595.71 24-hour change: up 11.13% Loading price history… 24H Up 11.13% 7D Up 12.84% 30D Up 7.93% Related Asset Ethereum ETH $2,284.41 24-hour change: up 18.90% Related Asset Bitgert BRISE $0 24-hour change: up 5.65% Related Asset TEMDAO TEM $0.00001 24-hour change: up 0.01% Related Asset Locus Chain LOCUS $0.00606 24-hour change: up 8.39% Related Asset OMG Network OMG $0.05 24-hour change: up 2.30% Related Asset PancakeSwap CAKE $1.63 24-hour change: up 5.56% Related Asset Braintrust BTRST $0.06 24-hour change: up 2.84% Related Asset FLEX FLEX $3.00 24-hour change: down 9.08% Related Asset Injective INJ $4.87 24-hour change: up 14.92% Related Asset FLOKI FLOKI $0.00002 24-hour change: up 13.23% Related Asset tomiNet TOMI $0 24-hour change: up 43.14%