Crypto Market Update

• The cryptocurrency market cap remained flat at 1.09 trillion despite declining by around 0.16% in the last 24 hours.
• Bitcoin increased 1.59% to trade at $24,966 as of 07:00 ET, while Ethereum’s market cap decreased by 0.50% to $203.92 billion, respectively.
• All top 10 cryptocurrencies recorded losses in the last 24 hours, except Bitcoin and BNB, which rose 1.59% and 2.8%, respectively.

Price Performance

The cryptocurrency markets were mainly flat during the reporting period with Bitcoin (BTC) and Ethereum (ETH) both recording slight gains over the past 24 hours. BTC increased 1.59%, trading at $24,966 as of 07:00 ET, while ETH fell 1.35% to trade at $1,664 as of 07:00 ET. Meanwhile, Tether (USDT) saw its market cap increase to $74.47 billion and Binance USD (BUSD) remained flat at $8.34 billion — while USD Coin (USDC) decreased to $37.49 billion correspondingingly..

Top 5 Gainers

PromPROM had the highest gain among all cryptocurrencies during this reporting period increasing 35%. Gains Network (GNS), Mask Network (MASK), Elamachain’s ELAMA Token(ELAMA), and CryptoIndex 100 Token(CIX100). also gained 20%, 13%, 9%, and 8% respectively over the same period of time.

Biggest Losers

During this reporting period Shiba Inu (-5%) Solana (-5%) Hyperion (-4%) Zilliqa(-3%), and Ontology (-3%) were among some of the biggest losers on a day-on-day basis.

Conclusion

Overall there have been minimal changes in terms of prices across most major cryptocurrencies over this reporting period with only marginal gains or losses for most tokens that make up the top 10 cryptocurrencies by market capitalization list according to CoinMarketCap rankings at press time .