In the last 24 hours, the cryptocurrency market cap saw net inflows of $60 billion and currently stands at $1.21 trillion — up 5.05% from $1.15 trillion.
During the period, Bitcoin and Ethereum’s’ market caps gained 6.10% and 5,15% to $563.07 billion and $231.14 billion, respectively.
All top 10 cryptocurrencies saw gains during the reporting period. The biggest gainers were Solana, Cardano, Bitcoin, and Polygon, which increased by more than 6%.
The market cap of Tether (USDT) grew to $81.58 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.68 billion and $6.34 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin increased 6.18% to trade at $29,025 as of 07:00 ET. Its market dominance grew to 46.6% from 46%.
During the reporting period, Bitcoin broke two psychological price barriers — $29,000 and $28,000 — amid new concerns over a U.S. banking crisis. CryptoSlate Insight reported that BTC is up more than 35% from the start of the banking collapse back in mid-March.
Ethereum
Over the last 24 hours, Ethereum rose 5.56% to trade at $1,916 as of 07:00 ET. Its market dominance increased to 19.1% from 19.0%.
Like BTC, the bulls controlled ETH as it rallied to as high as $1918 during the reporting period. Staked ETH deposits have outpaced withdrawals over the past few days.
Top 5 Gainers
Mass Vehicle Ledger
MVL is the day’s biggest gainer growing 26.4% over the last 24 hours to $0.00541 as of press time. The relatively unknown token is up 40% in the previous 30 days. Its market cap stood at $123.58 million.
Radix
XRD grew 16.43% over the last 24 hours to $0.10459 as of press time. The smart contract token has risen over 100% in the previous 30 days. Its market cap stood at $1.06 billion.
Render Token
RNDR gained 9.14% to trade at $7.17559 at the time of writing. The blockchain network received its community to implement the BME model on the Solana blockchain. Its market cap stood at…
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