The cryptocurrency market cap saw net outflows of $6.2 billion since the last wMarket report and currently stands at $1.02 trillion — down 0.6% from $1.03 trillion.
Since last Friday, Bitcoin and Ethereum’s market cap fell 0.05% and 0.1% to $432.2 billion and $191.4 billion, respectively.
The top 10 crypto assets recorded losses over the last 24 hours, with Litecoin faring worst, down 3.4%. Meanwhile, market leader Bitcoin brings up the rear, losing just 0.1% during the period.
In the last 24 hours, the market caps of Tether (USDT) and USD Coin (USDC) increased to $71.49 billion and $43.91 billion, respectively. Meanwhile, Binance USD (BUSD) fell to $8.7 billion.
Bitcoin
In the last 24 hours, Bitcoin decreased 0.1% to trade at $22,383 as of 07:00 ET. Its market dominance increased to 42.3% from 42.1%.
Since last Friday, BTC peaked at $22,663, but bulls could not hold on to the gains leading to a drop that found support at $22,188. The leading cryptocurrency has since been ranging between $22,261 and $22,560.
Ethereum
Over the last 24 hours, Ethereum fell 0.3% to trade at $1,565 as of 07:00 ET. Its market dominance increased slightly to 18.8% from 18.7%.
Over the weekend, ETH topped out at $1,588 on Saturday evening. Bears subsequently took control to dip the price as low as $1,552. The token has since been ranging between $1,555 and $1,579.
Top 5 Gainers
Voyager Token
VGX is the day’s biggest gainer, rising 9.9% over the reporting period to $0.41048 as of press time. The platform is continuing to thrash out Chapter 11 creditor payouts. Its market cap stood at $114.31 million.
Bitgert
BRISE increased 9.5% in the last 24 hours to trade at $0.000000529380 as of press time. Its market cap stood at $212.19 million.
Gala
GALA jumped 8.1% to trade at $0.03868 as of press time. No new significant, fundamental developments were noted. Its market cap stood at $269.87 million.
Kaspa
KAS gained 5.4% in the last 24 hours to trade at $0.01282. The project protocol is undergoing Rust implementation. Its market cap stood at $219.14 million.
Decentraland
MANA is up 3.8% to $0.60151 as of press time. Metaverse Fashion Week is nearing. Its market cap stood at $1.12 billion.
Top 5 Losers
Cocos-BCX
COCOS is the day’s biggest loser, falling 8.8% to trade at $1.57888 at the time of writing. Its market cap stood at $112.18 million.
Dash
DASH lost 7% to $62.3668 as of press time. Its market cap stood at $693.56 million.
Alethea Liquid Intelligence
ALI dumped 6.8% to $0.06246 in the last 24 hours. Despite today’s loss, the token is still up 53.6% over the past month. Its market cap stood at $224.13 million.
SingularityNET
AGIX shed 7.3% in the last 24 hours to trade at $0.44199. Its market cap stood at $532.21 million.
Ren
REN fell 5.31% to $0.11283 over the reporting period. Its market cap stood at $112.73 million.
The post Flat weekend sees Bitcoin defend $22,200: CryptoSlate Daily wMarket Update appeared first on CryptoSlate.
