CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once again CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once again
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. 29, 2023 at 12:39 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 $70 billion over the last 24 hours and currently stands at $1.19 trillion — up 5.44% from $1.12 trillion.
During the reporting period, Bitcoin and Ethereum’s market cap increased by 5.58% and 5.06% to $547.02 billion and $221.27 billion, respectively.
All top 10 crypto assets performed strongly in the last 24 hours. XRP and Cardano posted double digits gains, while Bitcoin, Ethereum, and others posted gains above 5% each.
BNB posted a minor gain of 3.15%.
In the last 24 hours, the market cap of Tether (USDT) increased to $79.51 billion. Meanwhile, the market caps of USD Coin (USDC) and Binance USD fell to $33.30 billion and $7.71 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin surged by 6.19% to trade at $28,382 as of 07:00 ET. Its market dominance increased to 46.3% from 46.0%.
During the reporting period, BTC rallied above $28,000 as it recovered from the losses recorded because of the CFTC lawsuit against Binance. Its price performance liquidated over $50 million in short positions against it.
Ethereum
Over the last 24 hours, Ethereum spiked 5.77% to trade at $1,812 as of 07:00 ET. Its market dominance remained flat at 18.7%.
ETH rally was pushed by the news that the highly anticipated Shapella network upgrade will activate on April 12 at epoch 194048.
Top 5 Gainers
Mask Network
MASK is the day’s biggest gainer, rising 25.55% over the reporting period to $6.94902 as of press time. The project has been up 80% over the last 30 days. Its market cap stood at $529.17 million.
Conflux Network
CFX surged 23.46% to $0.38460 during the reporting period. The token has scored a new partnership with the world’s third-largest construction machinery manufacturer XCMG Group. Its market cap stood at $1.02 billion.
Kaspa
KAS gained 22.29% to trade at $0.02241 at the time of writing. For the third consecutive day, the token reached a new all-time high of $0.02842. Its market cap stood at $480.68 million.
Frax Share
FXS is up 20.3% to $8.90934 as of press time. The token is rallying following the release of new information on Ethereum’s Shanghai upgrade. Its market cap stood at $633.49 million.
Lido Dao Token
LDO rose 19% to $2.44476. Over the past week, the liquid staking derivative token has increased by 4%. Its market cap stood at $2.11 billion.
Top 5 Losers
Everscale
EVER is the day’s biggest loser, falling 9.01% to trade at $0.07530 at the time of writing. The token is down 80% from its all-time high of $0.38489. Its market cap stood at $130.96 million.
MARBLEX
MBX declined 5.27% to $2.80920 over the reporting period. The project has been up 81% over the last 30 days. Its market cap stood at $123.24 million.
Core
CORE decreased 3.32% to $1.95772. The project has been experiencing a massive sell-off over the last 30 days, down 60%. Its market stood at $149.95 million.
WEMIX
WEMIX plunged 3.22% to $1.37266. The metaverse-related token is down 33% over the last 30 days. Its market cap stood at $337.37 million.
Flare
FLR is down 1.64% to $0.04109 as of press time. Its market cap stood at $493.09 million.
Mentioned in this article
Bitcoin 
Ethereum 
Flare 
WEMIX 
MARBLEX 
Everscale 
Lido DAO 
Conflux Network 
Mask Network 
Frax Share 
Kaspa 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.
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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
$3,466.03
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
Flare
$0.02809
Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that are interoperable with blockchains and the internet.
WEMIX
$0.91092
Wemix is a blockchain based Global Gaming Platform developed by Wemade Tree that issubsidiary company of WEMADE as its flagship blockchain gaming services arm.
MARBLEX
$0.39495
The MBX token is a Klaytn Compatible Token (“KCT”) based on Klaytn blockchain.
Everscale
$0.01803
Everscale is a layer-1 PoS blockchain network of the 5th generation.
Conflux Network
$0.16889
Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0.
Mask Network
$3.14583
Mask Network is a decentralized portal that allows users to seamlessly send encrypted messages, use dapps like crypto payment, decentralized finance, decentralized storage, e-commerce (digital goods / NFTs), decentralized organizations (DAO) over the top of existing social networks without migrating, and thereby creates a decentralized Applet (DApplet) ecosystem..
Frax Share
$2.70369
The Frax Protocol is the first fractional-algorithmic stablecoin system.
Kaspa
$0.12602
Kaspa is a proof-of-work cryptocurrency which implements the GHOSTDAG protocol.