• The crypto market cap remained flat at 1.09 trillion despite declining by around 0.16% during the reporting period. Bitcoin and BNB were the only top 10 cryptos to record gains, while Shiba Inu and Solana were the biggest losers, tanking by more than 5%.
• Tether (USDT) market cap increased to $74.47 billion, while Binance USD (BUSD) and USD Coin (USDC) remained flat and decreased respectively.
• Bitcoin increased 1.59% to trade at $24,966 as of 07:00 ET, with Ethereum falling 1.35% to trade at $1,664 in the same time frame.
Crypto Market Cap
The cryptocurrency market cap remained flat at 1.09 trillion despite declining by around 0.16% during the reporting period. All top 10 cryptocurrencies recorded losses in the last 24 hours, except Bitcoin and BNB which rose 1.59% and 2.8%, respectively while Shiba Inu and Solana were the biggest losers tanking by more than 5%.
Stablecoins
Tether (USDT) market cap increased to $74.47 billion, while Binance USD (BUSD) remained flat at $8.34 billion — USD Coin (USDC) decreased to $37.49 billion during this period of time..
Bitcoin Performance
Bitcoin increased 1.59% to trade at $24,966 as of 07:00 ET with its market dominance increasing slightly from 43 . 8 % t o 44 . 5 % . The asset peaked at $25 , 240 before returning to current levels .
Ethereum Performance
Over the last 24 hours , Ethereum fell 1 . 35 % t o trade a t$1 , 664 a s o f 07 : 00 ET . It s m arket domi nance dropped t o 18 . 8 % from 19 . 0 % . ETH ’s p rice performance mirrored that of Bitcoin with it peaking at$1701 before returning back down again..