CryptoSlate wMarket Update: Cardano leads top 10 following flat weekend performance CryptoSlate wMarket Update: Cardano leads top 10 following flat weekend performance
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: Apr. 3, 2023 at 12:36 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Since the last wMarket report on March 31, the cryptocurrency market cap saw net inflows of $12.6 billion and currently stands at $1.18 trillion — up 1.1% from $1.17 trillion.
Over the same period, as at 07:00 ET, Bitcoin and Ethereum’s market cap grew by 1.4% and 0.5% to $547.25 billion and $217.25 billion, respectively.
Over the last 24 hours, most of the top 10 crypto assets recorded a flat performance with sell-side bias. Dogecoin leads the losses, down 4.5%. In contrast, Cardano grew 4.1%, and Polkadot stayed in the green, recording 0.3% gains.
The market cap of Tether (USDT) increased to $79.8 billion. Meanwhile, the market caps of USD Coin (USDC) and Binance USD fell to $32.5 billion and $7.6 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin decreased by 0.2% to trade at $28,316 as of 07:00 ET. Its market dominance rose to 46.5% from 46.2%.
Since March 31, Bitcoin initially rose to top out at $28,819. The rejection resulted in a downtrend that accelerated by midday Sunday. After bottoming at $27,600, the leading cryptocurrency recovered.
Ethereum
Over the last 24 hours, Ethereum fell 0.7% to trade at $1,804 as of 07:00 ET. Its market dominance stayed flat at 18.5%.
Since last Friday, ETH’s price performance largely matched that of BTC. A gradual downtrend turned into a spiller that found support at $1,764 late Sunday night. The subsequent recovery peaked at $1,818.
Top 5 Gainers
Solar
SXP is the day’s biggest gainer growing 17.6% over the last 24 hours to $0.78679 as of press time. The project rebranded from Swipe (SXP) to SXP recently — Binance announced it would support the token swap. Its market cap stood at $440.55 million.
Ribbon Finance
RBN grew 0.4% to $0.24456 during the reporting period. The project teased a cryptic announcement featuring the numbers “03, 04, 23” — presumably today’s date. Its market cap stood at $130.56 million.
Alchemy Pay
ACH gained 8.4% to trade at $0.03778 at the time of writing. The project received a $10 million investment from market makers DWF Labs. Its market cap stood at $192.02 million.
Injective
INJ is up 6.6% to $5.40272 as of press time. The project said liquid staking is “coming sooner than you think.” Its market cap stood at $432.25 million.
LUKSO
LYKe rose 5.7% to $8.40744 over the last 24 hours. The project is developing various new tools, including a new deposit system. Its market cap stood at $130.11 million.
Top 5 Losers
0x
ZRX is the day’s biggest loser, falling 9% to trade at $0.27958 at the time of writing. The project recently announced its Tx Relay API — Robinhood was the first to use this. Its market cap stood at $236.94 million.
Keep Network
KEEP is down 8.3% to $0.17526 as of press time. The token fell 12.3% over the past 30 days. Its market cap stood at $150.85 million.
ICON
ICX declined 7.9% to $0.26344 over the reporting period. Despite today’s drawdown, the token grew 26.9% over the past week. Its market cap stood at $251.06 billion.
GensoKishi Metaverse
MV dropped by 7.7% to trade at $0.13079. Its market cap stood at $223.57 million.
MAGIC
MAGIC decreased 5.9% to $1.36076. Its market stood at $290.33 million.
Mentioned in this article
Bitcoin 
Ethereum 
Solar 
Ribbon Finance 
Alchemy Pay 
Injective 
LUKSO (Old) 
0x 
Keep Network 
ICON 
GensoKishi Metaverse 
Treasure 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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