The cryptocurrency market cap noticed internet outflows of $20 billion within the final 24 hours and at present stands at $1.09 trillion — down 1.94 % from $1.11 trillion.
Through the reporting interval, Bitcoin and Ethereum’s market cap fell 2.90% and 0.78% to $459.49 billion and $203.99 billion, respectively.
In the meantime, Polygon and Polkadot — different prime 10 crypto belongings — recorded losses during the last 24 hours. Solana, Shiba Inu, and Bitcoin have been the highest three losers — shedding 4.3%, 3.86%, and a pair of.94%, respectively.
Within the final 24 hours, the market caps of Tether (USDT) and USD Coin (USDC) elevated to $70.16 billion and $41.70 billion, respectively. In the meantime, Binance USD (BUSD) market cap fell to $13.57 billion.
Within the final 24 hours, Bitcoin fell 2.94% to commerce at $23,807 as of 07:00 ET. Its market dominance fell to 42.2% from 42.7%.
Through the reporting interval, BTC rallied above $25,000 for the primary time since August 2022. The flagship digital asset later retraced to its present ranges as traders started to take revenue.
Over the past 24 hours, Ethereum decreased 0.81% to commerce at $1,667 as of 07:00 ET. Its market dominance rose to 18.7% from 18.6%.
ETH’s value efficiency mirrored BTC — peaking at $1,732 earlier than retracing to its present ranges the place it bottomed at $1,636.
Prime 5 Gainers
FIL is the day’s greatest gainer, rising 22.24% over the reporting interval to $0.13588 as of press time. The file storage protocol introduced the launch of the Filecoin Digital Machine on Mar. 1 — the event would convey sensible contract performance to the community. Its market cap stood at $2.59 billion.
ASTR gained 18.03% within the final 24 hours to commerce at $0.10985. The undertaking scored a partnership with Sony Community Communications to launch a Web3 incubation program for NFTs and DAOs. Its market cap stood at $454.06 million.
STG elevated 17.24% to $1.24867 as of press time. The undertaking has seen elevated curiosity over the previous week, rising 67%. Its market cap stood at $197.43 million.
FLOKI is on the highest gainer’s checklist for the third consecutive day. The meme coin rose 15.62% to $0.0000594325 within the final 24 hours. The token has continued to rally since Elon Musk made a meme about his canine being Twitter’s new CEO. Its market cap stood at $539.24 million.
MAGIC jumped 14.25% to $2.22555 as of press time. The NFT-related token rose by 215% over the previous 30 days. Its market cap stood at $466.97 million.
Prime 5 Losers
BLUR is the day’s greatest loser, falling 18.54% to $0.91379 as of press time. The NFT market token has skilled a unstable begin to life, erasing a part of the 49% features it made on Feb. 16. Its market cap stood at $328.97 million.
TRAC shed 13.45% over the reporting interval to $0.39702. It was unclear why the Polkadot-based token was experiencing a sell-off. Its market cap stood at $145.1 million.
XCN is on the highest loser’s checklist for the second consecutive day. The token fell 11.42% to $0.01465 as of press time. The Onyx ecosystem native token rose by 39% within the final seven days. Its market cap stood at $344.04 million.
SYN misplaced 11.21% to commerce at $1.41971 on the time of writing. Its market cap stood at $198.44 million.
APT declined 11.17% within the final 24 hours to $14.4332 as of press time. The layer1 blockchain community loved a blistering begin to the yr and has risen by over 80% within the final 30 days. Its market cap stood at $2.35 billion.