The cryptocurrency market saw net inflows of $17.1 billion in the last 24 hours and currently sits at $1.14 trillion, up 1.5% from $1.12 trillion.
During the reporting period, Bitcoin (BTC) and Ethereum (ETH) market capitalizations grew 1.8% and 1.2% to $529.94 billion and $219.63 billion, respectively.
The top 10 crypto assets posted gains in the last 24 hours. XRP leads the pack, up 3.7%, on the back of positive SEC lawsuit developments and the acquisition of custody firm Metaco. Litecoin posted the smallest gains, up 0.5%.
Tether (USDT) market capitalization grew to $82.85 billion. By contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.49 billion and $5.54 billion, respectively.
Bitcoin
Over the past 24 hours, Bitcoin rose 1.8% to trade at $27,350 as of 07:00 ET. Its market dominance increased from 46.4% to 46.5%.
During the reporting period, BTC rose all the way to a high of $27,500. Bitcoin bulls held on to most of the gains, defending $27,160 to trigger another uptrend in early hours (ET).
Ethereal
Over the past 24 hours, Ethereum rose 1.2% to trade at $1,826 as of 07:00 ET. Its market dominance remained stable at 19.3%.
During the reporting period, ETH’s price action followed a similar pattern to Bitcoin, reaching a high of $1835 on Wednesday afternoon. A slight drop bounced off $1,815, triggering a move higher that found resistance at $1,832.
Top 5 Winners
rendering token
RNDR is the biggest gainer of the day, up 17.5% in the last 24 hours to $2.34706 at the close of this edition. Its market capitalization stood at $854.12 million.
Cocos-BCX
COCOS grew 16.8% in the last 24 hours to $1.63858 at the close of this edition. Binance will support the upcoming token swap and rebrand to COMBO. Its market capitalization stood at $116.42 million.
TomoChain
TOMO rose 16.5% to $1.04347 at the close of this edition. The project will attend Web3 Berlin on June 10 and 11. Its market capitalization stood at $105.35 million.
Cartesi
CTSI jumped 16.2% to $0.19932 during the last 24 hours. Cartesi hosted a panel discussion with other projects in the Ethereum ecosystem on May 17. Its market capitalization stood at $144.18 million.
ssv.network
SSV gained 11.9% to trade at $23.8130 in the time to write. The project announced its partnership with Unamano for ETH staking applications. Its market capitalization stood at $238.13 million.
top 5 losers
infinity axis
AXS is the biggest loser of the day falling 6.1% to $7.21966 at the time of publication. Axie Infinity was one of the top winners yesterday after the game was listed on Apple’s App Store. Its market capitalization stood at $844.39 million.
axelate
AXL fell 5% to list on $0.49379. co-founder of axelar Sergei Gorbunov was featured on the Bankless Podcast recently. Is market capitalization stood at $129.48 million.
Gala
GALA sank 3.9% to $0.03268 as from the time of publication. The project recently migrated to a new contract address. it’s memarket capitalization stood at $228 million.
Bitgert
BRISE lost 2.9% to $0.000000349444 during the reporting period. The project is set to launch a Web3 real estate marketplace. YoIts market capitalization stood at $139.44 million.
toncoin
TON fell 1.8% to $1.95648 during the reporting period. The Toncoin Hackathon will take place on May 27.The market capitalization of s stood at $2.39billion
