The cryptocurrency market saw net inflows of $12.5 billion in the past 24 hours and currently stands at $1.14 trillion, up 1.1% from 1.13 trillion dollars.
During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) increased by 0.8% and 1.8% to $525.78 billion and $227.51 billion , respectively.
In the past 24 hours, the top 10 cryptocurrencies have all recorded gains. Cardano topped the list, up 3.2%, while Dogecoin saw the smallest increase at 0.6%.
The market caps of Tether (USDT) and USD Coin (USDC) reached $83.27 billion and $28.96 billion, respectively. In contrast, Binance USD (BUSD) fell to $5.17 billion.
Bitcoin
Bitcoin rose 0.8% to trade at $27,094 as of 7 a.m. ET. Its market dominance fell to 45.9% from 46.1%.
In the past 24 hours, BTC started rising around 9:00 p.m. yesterday. The move peaked at $27,210 about four hours later, leading to a tight range between $27,060 and $27,180.
Ethereum
Over the past 24 hours, Ethereum has gained 1.8% to trade at $1,893 as of 07:00 AM ET. Its market dominance fell from 19.8% to 19.9%.
During the reporting period, ETH started rising on Thursday night to hit a local high of $1,898. The ensuing downturn found support at $1,885.
Top 5 winners
FantasyGold
FGC is the biggest gainer of the day, growing 112.3% in the past 24 hours to $26.01 at press time. The token is up 903% in the last seven days. Its market cap was $3.63 billion.
ABCC coin
ABBC gained 95.5% to trade at $0.21 To writing time. The ABBC Foundation has announced its “Trade Plan”, offering rewards to users. Its market cap was $308.97 million.
World Currency Reserve
The GCR has increased by 55.2% in the last 24 hours to reach $3.18 at press time. The token is up 286.8% in the last seven days. Its market cap was $341.23 million.
Escroco Emerald
ESCE rose 47.7% to $0.36 at press time. Its market cap was $368.42 million.
Linear
LINA jumped 24.4% to $0.02 in the past 24 hours. Huobi added the LINA-USDT pair for perpetual futures trading. Iits market cap was $147.95 million.
Top 5 losers
Xin Fin
XDC is the biggest loser of the day, dropping 6.6% to $0.03 at press time. The project celebrated its mainnet’s fourth anniversary yesterday and was one of the top earners. Its market cap was $508.19 million.
Alchemy pay
ACH fell 4.2% to $0.02973 over the reporting period. The project recently launched its NFT Checkout feature, enabling NFT purchases through the Mastercard network. It is market cap was $187.23 million.
Beldex
BDX fell 2.8% to $0.04 as press time. The project recently launched the desktop version of its decentralized VPN product BelNet. His mmarket capitalization was $215.3 million.
Kusama
KSM fell 2.8% to trade at $26.25 at press time. The project last tweeted on May 15 about a security review of Open Zepplin. Iits market cap was $222.38 million.
GateToken
GT fell 2.5% to trade at $4.34. The token was yesterday’s big loser following the fallout from the disappearance of Multichain’s CEO, which Gate denied impacting their operations. It is market cap was $425.19 million.