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Bitcoin’s price maintains $26.5K despite continued regulatory woes: CryptoSlate wMarket Update

June 9, 2023
in Crypto Exchanges
Reading Time: 4 mins read
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Upland: Berlin Is Here!

The cryptocurrency market noticed delicate web inflows of $0.23 billion over the past 24 hours and at present stands at $1.11 trillion — up 0.22%.

Throughout the reporting interval, Bitcoin (BTC) market cap rose 0.55% to 515.53 billion, whereas Ethereum’s (ETH) market cap fell 0.14% to 221.42 billion.

The highest 10 digital belongings by market cap posted positive factors in the course of the reporting interval, aside from Ethereum, BNB, and Cardano.

ADA topped the losers checklist with a 3.31% loss, whereas Solana led the gainers with a 1.98% enhance.

CryptoSlate wMarket Update
Supply: CryptoSlate

Tether’s market cap (USDT) elevated to $83.34 billion. The market cap of rival stablecoins USD Coin (USDC) and Binance USD (BUSD) continued their descents and at present stand at $28.43 billion and $4.86 billion, respectively.

Bitcoin

Bitcoin gained 0.55% and traded at $26,638 as of 07:00 ET. Its market dominance rose to 46.7% from 46.6%

BTC peaked at $26,797 in the course of the reporting interval regardless of Binance.US saying that its USD channels could be closed from June 13. CryptoSlate Analysis reported that the flagship digital asset maintained efficiency above $25,300.

CryptoSlate wMarket update
Supply: Tradingview

Ethereum

During the last 24 hours, Ethereum misplaced 0.14% to commerce at $1,844 as of 07:00 ET. Its market dominance fell to twenty.0% from 20.1%.

ETH peaked at $1,861 in the course of the reporting interval earlier than dropping to its present ranges.

CryptoSlate wMarket update
Supply: Tradingview

Prime 5 Gainers

Beldex

BDX is the day’s largest gainer, rising 10.2% over the past 24 hours to $0.049 as of press time. The venture has gained over 23% within the earlier week. Its market cap stood at $265.72 million.

MobileCoin

MOB rose 9.37% over the past 24 hours to $0.64 as of press time. The privateness coin is down 16% within the earlier 30 days. It has a market cap of $125.03 million.

Kaspa

KASPA jumped 8% to $0.015 over the last 24 hours. An information company in France 10h11 began accepting the digital asset as a fee technique, based on a June 7 tweet from the venture. Its market cap stood at $300.82 million.

Biconomy

BICO elevated 5.75% to commerce at $0.25 at the time of writing. The community’s account abstraction characteristic enjoys extra adoption, performing nearly 20,000 transactions in the course of the first week of June. Its market cap stood at $140.42 million.

Skale Community

SKL gained 4.41% to $0.031 as of press time. Regardless of at this time’s upside, the Ethereum-based token has shed 10% within the final seven days. Its market cap stood at $106.77 million.

Prime 5 Losers

Hex

HEX is the day’s largest loser, falling 11.13% to $0.00989 on the time of press. The token has been on a downward development over the previous month, down 86%. Its market cap stood at $1.72 billion.

iExec RLC

RLC is again among the many high losers’ checklist. The token fell 7.63% to $1.38 over the reporting interval. Its market cap stood at $100.33 million.

Ocean Protocol

OCEAN misplaced 4.45% to commerce at $0.105 as of press time. Its market cap stood at $205.2 million.

NYM

NYM had sunk 3.94% to $4.67 as of press time. The privateness community launched a socks5 shopper that enables customers proxy desktop utility site visitors by means of the mixnet. Its market cap stood at $104.44 million.

Flex

FLEX is down 1.78% within the final 24 hours and was buying and selling for $2.46 on the time of writing. The alternate token is among the many high gainers for the earlier seven days, rising 122%. Its market cap stood at $242.81 million.

Posted In: Bitcoin, Wrapped

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