Monday, June 3, 2024

Prime 10 cryptocurrencies document combined market efficiency

by Jeremy

The cryptocurrency market cap noticed internet outflows of $3.99 billion during the last 24 hours and presently stands at $857.03 billion — down 0.41% from $861.02 billion over the reporting interval.

Bitcoin’s market cap decreased by 0.64% to $327.06 billion, whereas Ethereum’s market cap elevated by 0.20% to $157.74 billion

The highest 10 cryptocurrencies had a combined efficiency as some property registered slight beneficial properties whereas others recorded losses. BTC misplaced 0.54%, whereas ETH gained 0.52% over the reporting interval.

CryptoSlate wMarket update
Supply; CryptoSlate

Over the reporting interval, USD Coin’s (USDC)and BinanceUSD’s (BUSD) market cap decreased to $43.13 billion and $22.16 billion, respectively. In the meantime, Tether’s (USDT) market cap remained flat at $65.36 billion.

Bitcoin

Bitcoin misplaced 0.54% to commerce at $17,007 as of 07:00 ET. Its market dominance remained flat at  38.1%.

Over the last 24 hours, Bitcoin largely traded beneath the $17,000 stage.

CryptoSlate wMarket update
BTC 24-Hour Value Efficiency (Supply: Tradingview)

Ethereum

ETH posted 0.52% beneficial properties during the last 24 hours to commerce at $1,289 as of 07:00 ET. Because of this, its market dominance elevated to 18.4% from 18.3% over the reporting interval.

ETH was capable of preserve its value above the $1,200 mark over the past 24 hours.

CryptoSlate wMarket update
ETH 24 Hour Value Efficiency (Supply: Tradingview)

Prime 5 Gainers

Acala Token

ACA is the day’s greatest gainer, rising by 23.85% during the last 24 hours to $0.14 as of press time. The token has grown by over 24% within the final seven days. Its market cap stood at $80.39 million.

WEMIX

WEMIX gained 22.71% over the reporting interval to commerce at $0.54 as of press time. Its market cap stood at $132.9 million.

Belief Pockets Token

TWT is up 17.2% within the final 24 hours to $1.048. The self-custodial token has grown 12% during the last seven days. Its market cap stood at $246.62 million.

dYdX

The DEX token noticed 11% beneficial properties to commerce at $1.88 as of press time. Its market cap stood at $123.68 million.

HEX

HEX grew by 10.7% to 0.031. Its market cap stood at $5.51 billion.

Prime 5 Losers

MobileCoin

MOB fell 11.01% over the reporting interval to $1.16. Its market cap stood at $86.22 million.

Fruits

FRTS decreased 10.84% during the last 24 hours to $0.006. Its market cap stood at $135.72 million.

Icon

ICX continued its poor value efficiency, crashing by 6.57% to $0.18 as of press time. Its market cap stood at $170.09 million.

HI

HI is among the many day’s greatest losers for the third consecutive day. It misplaced 4.44% of its worth to commerce at $0.027 as of press time. Its market cap stood at $80.86 million.

Dogecoin

DOGE fell 4.34% over the reporting interval to erase the beneficial properties it made earlier within the week. Its market cap stood at $13.28 billion

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