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Solana leads top-ten losses while BTC maintains $26k: CryptoSlate wMarket Update

June 8, 2023
in Crypto Exchanges
Reading Time: 4 mins read
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The cryptocurrency market noticed gentle internet outflows of $0.31 billion over the past 24 hours and presently stands at $1.1 trillion — down 0.94 % from $1.11 trillion.

Throughout the reporting interval, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 0.69% and 0.88% to $513.31 billion and $221.79 billion, respectively.

The highest 10 digital property by market cap posted losses in the course of the reporting interval, besides Tron, which elevated 0.36%.

Solana topped the losers record, lowering by over 6% to beneath $20, whereas BNB and Cardano misplaced greater than 3%, respectively.

CryptoSlate wMarket update
Supply: CryptoSlate

Tether’s market cap (USDT) marginally decreased to $83.29 billion. The market cap of rival stablecoin USD Coin (USDC) and Binance USD (BUSD) continued their descents and presently stand at $28.50 billion and $4.89 billion, respectively.

Bitcoin

Bitcoin decreased by 0.43% and traded at $26,493 as of 07:00 ET. Its market dominance rose to 46.6% from 46.4%

BTC continued buying and selling above $26,000 regardless of recording the second-largest outflow on June 7. CryptoSlate Perception reported that 15,000 items of the asset left exchanges, making it the third consecutive day of outflows.

CryptoSlate wMarket update
Supply: Tradingview

Ethereum

Over the past 24 hours, Ethereum misplaced 0.65% to commerce at $1,846 as of 07:00 ET. Its market dominance remained flat at 20.1%.

ETH mirrored BTC’s worth efficiency, peaking at $1,874 in the course of the reporting interval. CryptoSlate’s knowledge confirmed that the asset’s buying and selling quantity plunged 36% to $6.49 billion.

CryptoSlate wMarket update
Supply: Tradingview

Prime 5 Gainers

Storj

STORJ is the day’s greatest gainer, rising 15.95% over the past 24 hours to $0.32 as of press time. The mission has gained over 8% within the earlier week. Its market cap stood at $126.34 million.

Flex

FLEX maintained its upward worth motion for the second consecutive day, rising 10.15% over the past 24 hours to $2.56 as of press time. It has a market cap of $253.2 million.

FTX Token

FTT soared 9.17% to commerce above $1 once more over the last 24 hours. The failed alternate token is down 98.92% from its all-time excessive of $84.90. Its market cap stood at $327.95 million.

NYM

NYM elevated 8.55% to commerce at $0.23 at the time of writing. The privateness token has been having fun with extra consideration lately, up 18 over the earlier 30 days. Its market cap stood at $108.69 million.

iExec RLC

RLC rose 7.57% to $1.47 as of press time. Regardless of at present’s upside, the Ethereum-based token has shed 3% within the final seven days. Its market cap stood at $106.77 million.

Prime 5 Losers

Kava

KAVA is the day’s greatest loser, falling 16.4% to $0.96 on the time of press. The token has been on a downward pattern over the previous week, down 6%. It lately launched the Hover lending protocol on its blockchain community. Its market cap stood at $535.65 million.

Wilder World

WILD is again among the many prime losers’ record. The token fell 16.2% to $0.41 over the reporting interval. Its market cap stood at $102.28 million.

Livepeer

LPT had sunk 13.79% to $4.67 as of press time. The mission works with The Symmetrical “to search out the subsequent killer web3 social video use circumstances.” Its market cap stood at $131.2 million.

tomiNet

TOMI is down 10.55% within the final 24 hours and was buying and selling for $4.72 on the time of writing. The Ethereum-based token is up 13% within the earlier seven days. Its market cap stood at $187.16 million.

RSK Infrastructure Framework

RIF misplaced 7.83% to commerce at $0.105 as of press time. Its market cap stood at $101.73 million.

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Tags: 26KBTCCryptoSlateleadsLossesmaintainsSolanatoptenUpdatewMarket
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