The cryptocurrency market cap saw net inflows of $20 billion and currently stands at $1.19 trillion — up 1.28% from $1.17 trillion.
During the last 24 hours, Bitcoin and Ethereum’s market cap grew 1.64% and 1.44% to $540.26 billion and $224.14 billion, respectively.
Over the reporting period, the top 10 crypto assets recorded a positive performance, with Bitcoin, Ethereum, Solana, and Dogecoin leading the gains.
Other digital assets recorded meager gains of less than 1% respectively.
The market caps of Tether (USDT) and USC Coin (USDC) increased to $80.24 billion and $32.58 billion, respectively. Meanwhile, Binance USD (BUSD) fell to $7.07 billion.
Bitcoin
In the last 24 hours, Bitcoin grew 1.48% to trade at $28,332 as of 07:00 ET. Its market dominance increased to 46.2% from 45.9%.
During the weekend, BTC mostly traded around $27,000 before reclaiming the $28,000 level on April 9. The digital asset keeps facing concerns over its liquidity levels.
Ethereum
Over the last 24 hours, Ethereum jumped 1.39% to trade at $1,861 as of 07:00 ET. Its market dominance fell to 18.9% from 19%.
During the weekend, Ethereum bottomed at $1827 as the community anticipated the Shappella upgrade scheduled for April 12. Crypto hedge founder Hal Press has advised some caution as the upgrade nears.
Top 5 Gainers
Kaspa
KAS is the day’s biggest gainer growing 14.3% over the last 24 hours to $0.03414 as of press time. The project reached an all-time high of $0.04268 earlier in the month. Its market cap stood at $608.97 million.
MiL.k
MLK gained 12.84% to trade at $0.52820 at the time of writing. The Binance Smart Chain-based token is up 87% over the previous week. Its market cap stood at $145.17 million.
Lukso
LYXe grew 12.61% to $11.0194 during the reporting period. The project is enjoying a positive upside, up 33% in the last 30 days. Its market cap stood at $170.54 million.
Cocos-BCX
COCOS rose 12.04% to $1.64002 over the last 24 hours. The gaming token has been up 26% in the previous 30 days. Its market cap stood at $364.76 million.
Bitget Token
BGB is up 11.79% to $0.46359 as of press time. The crypto exchange announced a $100 million fund to improve Asia’s Web3 ecosystem. Its market cap stood at $649.03 million.
Top 5 Losers
WEMIX
WEMIX is the day’s biggest loser, falling 13.01% to trade at $1.04516 at the time of writing. An exchange listing the asset GDAC revealed it was hacked, leading to unauthorized withdrawals of the token. Its market cap stood at $257.96 million.
MARBLEX
MBX is down 6.65% to $2.75606 as of press time. The digital asset had experienced a heavy sell-off in the last 30 days, falling 35%. Its market cap stood at $141.96 million.
Radix
XRD dropped 4.65% to trade at $0.05357. Despite today’s drawdown, the token is up 25% in the last seven days. Its market cap stood at $11.5 billion.
Ontology
ONT decreased by 3.58% to $0.25228. Its market stood at $220.81 million.
Smooth Love Potion
SLP declined 2.4% to $0.00292 over the reporting period. The token’s value retraced to its current levels after rising by almost 10% during the weekend. Its market cap stood at $123.2 million.
The post CryptoSlate wMarket Update: Bitcoin, Ether lead top 10 assets gain as Shappella upgrade nears appeared first on CryptoSlate.
