Bitcoin maintains $27K amid rising network fees
Within the final 24 hours, the cryptocurrency market cap noticed internet outflows of round $20 billion and at present stands at $1.14 trillion — down 1.16% from $1.16 trillion.
Throughout the interval, Bitcoin (BTC) and Ethereum’s (ETH) market cap fell 1.31% and 0.85% to $534.37 billion and $221.6 billion, respectively.
Apart from Tron, the highest 10 cryptocurrencies recorded losses over the past 24 hours. Polygon, Solana, and Polkadot had been the largest losers, falling greater than 2%, respectively.
The market cap of Tether (USDT) grew to $82.39 billion. In distinction, USD Coin (USDC) and Binance USD (BUSD) fell to $30.24 billion and $5.97 billion, respectively.
Bitcoin
Within the final 24 hours, Bitcoin fell 1.24% to commerce at $27,609 as of 07:00 ET. Its market dominance remained flat at 46.9%.
Throughout the reporting interval, BTC continued to commerce round $27,000 amid considerations over its rising community charges. The asset bottomed at $27,310.
Ethereum
Over the past 24 hours, Ethereum declined 2.43% to commerce at $1,858 as of 07:00 ET. Its market dominance rose to 19.4%.
ETH mirrored BTC value efficiency, peaking at $1876 through the reporting interval.
Prime 5 Gainers
Bitcoin SV
BSV is the day’s greatest gainer, rising 32.26% over the past 24 hours to $0.17221 as of press time. The blockchain community has seen its native token rise amid the rising considerations over BTC’s community congestion points. Its market cap stood at $779.01 million.
Bitget Token
BGB rose 17.42% to $0.46661 as of press time. The change token has been up 18% over the past seven days. Its market cap stood at $653.26 million.
tomiNET
TOMI is on the highest gainers’ checklist for the second consecutive day. It grew 14.33% over the past 24 hours to $4.11 as of press time. Its market cap stood at $163.16 million.
Kava
RAD gained 8.28% to commerce at $0.77 at the time of writing. Its market cap stood at $394.63 million.
Lido Dao Token
LDO gained 8.2% to $1.87 over the past 24 hours. Its market cap stood at $1.65 billion.
Prime 5 Losers
RSK Infrastructure Framework
RIF is the day’s greatest loser, falling 18.81% to commerce at $0.13 on the time of writing. Its market cap stood at $136.22 million.
Radicle
RAD dropped 16.4% to commerce at $2.62. Regardless of at this time’s drawdown, the token has elevated greater than 40% over the previous month. Its market cap stood at $130.56 million.
Pepe
PEPE plunged 15.15% to commerce at $0.0000019 as of press time. The high-flying memecoin is experiencing heavy sell-off as traders start to take revenue. Its market cap stood at $772.25 million.
WOO Community
WOO fell 14.71% to $0.22 over the reporting interval. Its market cap stood at $385.38 million.
Core
CORE misplaced 13.2% to $0.90 over the reporting interval. The EVM-Suitable blockchain has shed over 40% within the final 30 days. Its market cap stood at $100.6 million.
