Over the past 24 hours, the cryptocurrency’s market capitalization has held steady at 1.09 trillion despite declining around 0.16% in the reporting period.
Bitcoin’s market cap increased by 1.65% to $482.10 billion, while Ethereum’s market cap decreased by 0.50% to $203.92 billion, respectively.
All of the top 10 cryptocurrencies posted losses in the past 24 hours, except for Bitcoin and BNB, which rose 1.59% and 2.8%, respectively. Shiba Inu and Solana were the biggest losers, each losing more than 5%.
In the past 24 hours, the market capitalization of Tether (USDT) has grown to $74.47 billion. Meanwhile, Binance USD (BUSD) held steady at $8.34 billion, while USD Coin (USDC) declined to $37.49 billion.
Over the past 24 hours, Bitcoin is up 1.59% to trade at $24,966 as of 7:00 a.m. ET. Its market dominance fell from 43.8% to 44.5%.
During reporting hours, Bitcoin mostly traded below $25,000 after peaking at $25,240. The dominance of the flagship digital asset market has increased following the recent flurry of positive sentiment surrounding the market.
Over the past 24 hours, Ethereum has fallen 1.35% to trade at $1,664 as of 07:00 AM ET. Its market dominance fell to 18.8% from 19.0%.
The price performance of ETH mirrors that of Bitcoin. The asset peaked at $1701 before returning to its current levels.
Top 5 winners
PROM is the biggest gainer of the day, rising 35.28% over the reporting period to hit $6.32 at press time. The NFT-linked token is up 42% in the last seven days. Its market cap was $115.45 million.
GNS gained 20.34% to $9.17 at press time. The native decentralized finance (DeFi) project token is up 31% in the last seven days. Its market capitalization stood at $279.44 million.
Network of masks
MASK is among the top gainers of the day after rising 12.94% to $4.03 at the time of writing. The decentralized portal has grown by 8% in the last 30 days. Its market capitalization stood at $306.99 million.
GMX jumped 11.55% to $82.01. The decentralized exchange token is up 22% in the last seven days. Its market capitalization stood at $701.19 million.
MAGIC is up 7.03% at $1.65 at press time. Its market cap was $351.45 million.
Top 5 losers
BONE is the biggest loser on the day, dropping 13.71% to trade at $1h30 at the time of writing. The Shiba Inu-related token has fallen 19% in the past 30 days. Its market cap was $300.16 million.
XCN plunged 12.77% to $0.0053. The blockchain network is down 31% from the previous week. Its market capitalization stood at $125.22 million.
MKR is down 12.24% at $747,898. The DeFi token wiped out all of the gains it had made earlier in the week. Its market capitalization stood at $731.17 million.
FLR fell 11.62% to $0.029 during the reference period. The token is down 30% in the last 30 days. Its market capitalization stood at $352.16 million.
Lido DAO Token
The LDO fell 11.66% to $2.42. The Liquid Staking Protocol said it expects staked Ethereum withdrawals by May. Its market cap was $2.07 billion.