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XRP leads flat market with 5% gains: CryptoSlate wMarket Update XRP leads flat market with 5% gains: CryptoSlate wMarket Update

XRP leads flat market with 5% gains: CryptoSlate wMarket Update

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

XRP leads flat market with 5% gains: CryptoSlate wMarket Update

Cover art/illustration via CryptoSlate

The cryptocurrency market saw net inflows of $6.3 billion and currently stands at $1.17 trillion โ€” up 0.5% from $1.16 trillion.

During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) grew 0.2% and 0.3% to $541.27 billion and $229.37 billion, respectively.

Over the last 24 hours, the top 10 cryptocurrencies posted a mixed performance. XRP leads the list, up 4.7%, while Polygon recorded the most significant drawdown, losing 1.5%.

Top 10 cryptocurrencies
Source: CryptoSlate.com

Tether’s market cap (USDT) grew to $83.18 billion. In contrast, USD Coin (USDC) fell to $29.02 billion, while Binance USD (BUSD) stayed flat at $5.28 billion.

Bitcoin

Bitcoin increased by 0.2% to trade at $27,917 as of 07:00 ET. Its market dominance fell to 46.5% from 46.6%.

Over the last 24 hours, BTC sold off, finding support at $27,530 by Monday lunchtime. A gradual uptrend followed to peak at $28,035 just before 07:00 this morning.

Bitcoin chart
Source: TradingView.com

Ethereum

In the last 24 hours, Ethereum gained 0.3% to trade at $1,907 as of 07:00 ET. Its market dominance stayed flat at 19.7%.

During the reporting period, ETH followed a similar pattern to BTC, finding support at $1,874 before increasing to top out at $1,916 just before 07:00.

Ethereum chart
Source: TradingView.com

Top 5 Gainers

Everscale

EVER is the dayโ€™s biggest gainer, growing 52.9% over the last 24 hours to $0.06887 as of press time. The project has partnered with AI networking firm Crypto Match. Its market cap stood at $123.52 million.

Global Currency Reserve

GCR jumped 48.6% to $1.69682 over the last 24 hours. The project announced its launch on BNB Smart Chain and Aptos. Its market cap stood at $181.6 million.

Escroco Emerald

ESCE gained 30.9% to trade at $0.16381 at the time of writing. The token is up 94.8% over the last seven days. Its market cap stood at $163.81 million.

ARAW

ARAW grew 27.2% over the last 24 hours to $0.08283 as of press time. It has a market cap of $165.12 million.

FantasyGold

FGC rose 25.2% to $9.45671 as of press time. The token grew by 1,303% over the past seven days. Its market cap stood at $1.32 billion.

Top 5 Losers

Open Campus

EDU is the dayโ€™s biggest loser, falling 14.1% to $1.21913 at the time of press. The project recently hosted a Twitter Spaces event, which may not have met market expectations, contributing to the decline in value. Its market cap stood at $202.62 million.

TomoChain

TOMO fell 9.5% to $1.48121 over the reporting period. Multichain DeFi project GemPad said it had integrated TomoChain. Its market cap stood at $149.74 million.

Optimism

OP lost 6.5% to trade at $1.52831. The token fell 28.5% over the last 30 days. Itsย market cap stood at $512.56 million.

Bone ShibaSwap

BONE sunk 6.4% to $0.83417 asย of press time. Its market cap stood at $191.79 million.

Pepe

PEPE fell 5.6% to trade at $0.00000138 as of press time. Its market cap stood at $538.55 million.

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