CryptoSlate Each day wMarket Replace: Bitcoin bulls efficiently defend $27,800

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CoinDesk Consensus

The cryptocurrency market cap noticed web inflows of $9.8 billion during the last 24 hours and at the moment stands at $1.17 trillion — up 0.8% from $1.16 trillion.

In the course of the reporting interval, the market caps of Bitcoin and Ethereum decreased by 1.2% and 1.7% to $542.1 billion and $218.9 billion, respectively.

The highest 10 cryptocurrencies recorded blended outcomes during the last 24 hours. Main the losses have been Dogecoin and Cardano, down 3.5% and three.2%, respectively. In distinction, Ethereum and Bitcoin posted marginal positive factors at 1.7% and 1.2%, respectively.

Top 10 cryptocurrencies
Supply: CryptoSlate.com

Within the final 24 hours, the market cap of Tether (USDT) elevated to $78.56 billion. In the meantime, USD Coin (USDC) fell to $34.4 billion, and Binance USD (BUSD) held flat at $8.06 billion.

Bitcoin

Within the final 24 hours, Bitcoin elevated by 1.2% to commerce at $28,024 as of 07:00 ET. Its market dominance grew to 46.3% from 46.1%.

In the course of the reporting interval, patrons lifted BTC to peak at $28,742. A rejection at this worth led to a staggered downtrend that retested the approximate $27,780 assist degree on three successive events. The main cryptocurrency has since been ranging between $27,956 and $28,449.

Bitcoin chart
Supply: TradingView.com

Ethereum

Over the past 24 hours, Ethereum grew 1.7% to commerce at $1,787 as of 07:00 ET. Its market dominance elevated to 18.7% from 18.5%.

In the course of the reporting interval, Ethereum topped out at $1,857 earlier than trending down. At 04:00 (ET,) a rejection at $1,817 was adopted by a spill that bottomed at $1,777.

Ethereum chart
Supply: TradingView.com

Prime 5 Gainers

Alethea Liquid Intelligence

ALI is the day’s greatest gainer, rising 17.5% over the reporting interval to $0.04318 as of press time. The token was yesterday’s greatest loser. Its market cap stood at $154.94 million.

OMG Community

OMG gained 17% to $2.07768 as of press time. Coinbase will delist the token on March 29. Its market cap stood at $291.38 million.

inSure

SURE surged 14.6% to $0.00497 as of press time. The token is up 62% during the last week. Its market cap stood at $133.24 million.

Masks Community

MASK is among the many day’s prime gainers after rising 12.8% to $6.17511 on the time of writing. The token is up 55.8% over the previous month. Its market cap stood at $470.23 million.

JOE

JOE is up 11.8% to $0.43122 as of press time. The token is up 90.8% over the previous week. Its market cap stood at $145.08 million.

Prime 5 Losers

Arbitrum

ARB is the day’s greatest loser, falling 87.5% to commerce at $1.47745 on the time of writing. The venture not too long ago accomplished its airdrop. Its market cap stood at $1.88 billion.

HEX

HEX is down 20.8% to $0.10011. The token was yesterday’s prime gainer because of the V3 testnet launch of its sister chain PulseChain. Its market cap stood at $17.36 billion.

MAGIC

MAGIC fell 10.8% to $1.56212 on the time of press. Its market cap stood at $331.95 million.

RSK Infrastructure Framework

RIF decreased 10.4% to $0.13933 over the reporting interval. The token is down 22.8% over the previous week. Its market cap stood at $132.83 million.

Conflux Community

CFX plunged 10.5% to $0.34329 over the reporting interval. The venture not too long ago partnered with China Telecom for blockchain-enabled SIM playing cards. Its market cap stood at $912.06 million.

Posted In: Bitcoin, Wrapped

Supply: CryptoSale

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