The cryptocurrency market cap saw a web outflow of around $10 billion over the past 24 hours and at present stands at $1.08 trillion — down zero.86% from $1.09 trillion.
Over the reporting period, Bitcoin and Ethereum’s market cap fell 1.32% and 1.51% to $453.27 billion and $201.57 billion, respectively.
The high 10 crypto belongings posted losses throughout the board over the reporting interval besides Polkadot, which is up 3.96%. The prime losers included Polygon, Dogecoin, and Solana, which decreased by 3.58%, 2.19%, and 2.27%, respectively.
Over the last 24 hours, the market caps of Tether (USDT) and USD Coin (USDC) marginally rose to $68.04 billion and $42.44 billion, respectively. On the other hand, the market cap of BinanceUSD (BUSD) remained flat at $16.10 billion.
Over the last 24 hours, Bitcoin fell 1.3% to commerce at $23,523 as of 07:00 ET. Its market dominance dropped to 41.9% from 42.1%.
During the reporting interval, BTC managed to stay above $23,500 after surging to $24,091 round on Feb. 2. The asset liquidated over $30 million from merchants who held lengthy positions.
BTC Price Performance (Source: Tradingview.com)
Ethereum declined 1.4% during the last 24 hours to trade at $1,648 as of 07:00 ET. Its market dominance remained flat at 18.7%.
ETH traded above $1700 for the primary time since September 2022 however soon retraced to its present ranges after the bears took control of the market.
ETH Price Performance (Source: Tradingview.com)
Top 5 Gainers
USTC is the day’s greatest gainer, rising 57.97% over the reporting period to $0.039 as of press time. Terra community members have handed a model new proposal to re-peg the algorithmic stablecoin. Its market cap stood at $390.36 million.
ILV grew 38.35% to $101.96 as of press time. The play-to-earn game rose by over 150% within the last 30 days. Its market cap stood at $214.84 million.
ORBS gained 32.67% over the reporting interval to commerce at $0.040 as of press time. The blockchain community has enjoyed a stellar start to the 12 months, growing by over 90 since Jan. 1. Its market cap stood at $115.17 million.
WEMIX jumped 23.41% to $1.11 as of press time. The NFT-related token just lately burnt 2 million WEMIX Classic tokens. Its market cap stood at $280.54 million.
Baby Doge Coin
BabyDoge rose 18.4% to $0.000000001874 as of press time. Earlier right now, the meme coin revealed that it had burnt over 352 million tokens, and the whole value of property locked on its decentralized trade (DEX) crossed $40 million. Its market cap stood at $214.75 million.
Top 5 Losers
BRISE is the day’s greatest loser, posting 13.47% losses and exchanging palms for $0.00000049 as of press time. The Binance Smart Chain-based crypto has erased its gains of Feb. 2. Its market cap stood at $195.38 million.
HOOK fell 11.48% in the last 24 hours to $3.04. The token is on a downward development, falling by over 14% within the earlier seven days. Its market cap stood at $153.49 million.
SNT is on the top losers listing for the second consecutive day. The token plunged 9.93% to $0.031 as of press time. The token rose by over 60% in the final 30 days. Its market cap stood at $123.95 million.
STORJ decreased 9.14% to $0.39 as of press time. The filesharing token rose by 53% over the past 30 days. Its market cap stood at $162.98 million.
DYDX is down 9.02% to $3.13 as of press time. The DEX token has seen improved worth performance since its foundation launched a bullish report about its ecosystem. Its market cap stood at $491.53 million.