Since the last wMarket report on May 12, the cryptocurrency market cap saw net inflows of $39.2 billion and currently stands at $1.14 trillion — up 3.6% from $1.10 trillion.
Over the weekend, the Bitcoin (BTC) and Ethereum (ETH) market caps grew 4% and 4.9% to $531.54 billion and $224.96 billion, respectively.
The 24-hour performance of the top 10 crypto assets recorded gains across the board. Bitcoin leads the pack, up 2.2%, followed by Polygon, which gained 2.1%. Bringing up the rear is XRP, managing to stay in the green, having recorded 0.2% gains over the reporting period.
The market cap of Tether (USDT) grew to $82.83 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.95 billion and $5.62 billion, respectively.
In the last 24 hours, Bitcoin grew 2.2% to trade at $27,410 as of 07:00 ET. Its market dominance remained increased to 46.5% from 46.3%.
Over the weekend, BTC traded flat until midday Sunday (ET), when bulls took the price as high as $27,200. Upside momentum was reasserted by 21:00, setting off a new uptrend that peaked at $27,550 in the early hours of today.
Over the last 24 hours, Ethereum grew 1.5% to trade at $1,830 as of 07:00 ET. Its market dominance rose to 19.7% from 19.4%.
During the weekend, ETH’s price followed BTC, reaching a $1,823 top by midday Sunday (ET) before bullish momentum took the price to a new local top of $1,836. This price was later retested in the early hours of today.
Top 5 Gainers
EDU is the day’s biggest gainer, growing 15.9% over the last 24 hours to $1.30574 as of press time. The project recently announced the onboarding of Dalton Learning Lab to its ecosystem. Its market cap stood at $189.49 million.
CFX rose 13.9% to $0.28751 as of press time. Flux Fire – a Conflux incubated project – is set to launch. Its market cap stood at $827.71 million.
ACH jumped 12.3% to $0.02482 over…
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