The cryptocurrency market saw mild net inflows of $0.23 billion over the last 24 hours and currently stands at $1.11 trillion — up 0.22%.
During the reporting period, Bitcoin (BTC) market cap rose 0.55% to 515.53 billion, while Ethereum’s (ETH) market cap fell 0.14% to 221.42 billion.
The top 10 digital assets by market cap posted gains during the reporting period, except for Ethereum, BNB, and Cardano.
ADA topped the losers list with a 3.31% loss, while Solana led the gainers with a 1.98% increase.
Tether’s market cap (USDT) increased to $83.34 billion. The market cap of rival stablecoins USD Coin (USDC) and Binance USD (BUSD) continued their descents and currently 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 during the reporting period despite Binance.US announcing that its USD channels would be closed from June 13. CryptoSlate Research reported that the flagship digital asset maintained performance above $25,300.
Ethereum
Over the last 24 hours, Ethereum lost 0.14% to trade at $1,844 as of 07:00 ET. Its market dominance fell to 20.0% from 20.1%.
ETH peaked at $1,861 during the reporting period before dropping to its current levels.
Top 5 Gainers
Beldex
BDX is the day’s biggest gainer, growing 10.2% over the last 24 hours to $0.049 as of press time. The project has gained over 23% in the previous week. Its market cap stood at $265.72 million.
MobileCoin
MOB rose 9.37% over the last 24 hours to $0.64 as of press time. The privacy coin is down 16% in the previous 30 days. It has a market cap of $125.03 million.
Kaspa
KASPA jumped 8% to $0.015 during the last 24 hours. A data agency in France 10h11 started accepting the digital asset as a payment method, according to a June 7 tweet from the project. Its market cap stood at $300.82 million.
Biconomy
BICO increased 5.75% to trade at $0.25 at the time of writing. The network’s account abstraction feature enjoys more adoption, performing almost 20,000 transactions during the first week of June. Its market cap stood at $140.42 million.
Skale Network
SKL gained 4.41% to $0.031 as of press time. Despite today’s upside, the Ethereum-based token has shed 10% in the last seven days. Its market cap stood at $106.77 million.
Top 5 Losers
Hex
HEX is the day’s biggest loser, falling 11.13% to $0.00989 at the time of press. The token has been on a downward trend over the past month, down 86%. Its market cap stood at $1.72 billion.
iExec RLC
RLC is back among the top losers’ list. The token fell 7.63% to $1.38 over the reporting period. Its market cap stood at $100.33 million.
Ocean Protocol
OCEAN lost 4.45% to trade 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 privacy network introduced a socks5 client that allows users proxy desktop application traffic through the mixnet. Its market cap stood at $104.44 million.
Flex
FLEX is down 1.78% in the last 24 hours and was trading for $2.46 at the time of writing. The exchange token is among the top gainers for the previous seven days, rising 122%. Its market cap stood at $242.81 million.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- EVM Finance. Unified Interface for Decentralized Finance. Access Here.
- Quantum Media Group. IR/PR Amplified. Access Here.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Source: https://cryptoslate.com/bitcoins-price-maintains-26-5k-despite-continued-regulatory-woes-cryptoslate-wmarket-update/
- :has
- :is
- $UP
- 000
- 07
- 1
- 10
- 11
- 13
- 2%
- 20
- 23
- 24
- 25
- 30
- 300
- 46
- 500
- 7
- 72
- 77
- 9
- a
- above
- abstraction
- accepting
- According
- Account
- account abstraction
- Adoption
- agency
- allows
- among
- and
- Announcing
- Application
- AS
- asset
- Assets
- At
- back
- BE
- been
- before
- berlin
- Biggest
- Billion
- binance
- Binance USD (BUSD)
- BINANCE.US
- Bitcoin
- bitcoin's price
- bnb
- BUSD
- by
- cap
- Cardano
- Category
- channels
- client
- closed
- Coin
- continued
- cryptocurrency
- cryptocurrency market
- CryptoSlate
- Current
- Currently
- data
- Days
- desktop
- Despite
- digital
- Digital Asset
- Digital Assets
- Dominance
- down
- downward
- Dropping
- during
- E&T
- ethereum
- Ethereum-based
- Ethereum's
- Except
- exchange
- Exchange Token
- Falling
- Feature
- First
- flagship
- For
- France
- from
- gained
- Gainers
- Gains
- Growing
- had
- Holepunch
- HOURS
- http
- HTTPS
- in
- Increase
- increased
- inflows
- introduced
- IT
- ITS
- jpg
- june
- Last
- Led
- levels
- List
- Losers
- loss
- lost
- maintains
- Market
- Market Cap
- Market Dominance
- max-width
- method
- mild
- million
- Month
- more
- net
- network
- of
- on
- over
- past
- payment
- payment method
- performance
- performing
- period
- plato
- Plato Data Intelligence
- PlatoData
- posted
- press
- previous
- price
- privacy
- project
- proxy
- regulatory
- Reporting
- respectively
- rising
- Rival
- ROSE
- s
- saw
- seven
- shed
- Solana
- Sponsored
- Stablecoins
- stand
- stands
- started
- TAG
- that
- The
- their
- Through
- time
- to
- today’s
- token
- top
- Top 10
- topped
- trade
- traded
- Trading
- traffic
- Transactions
- Trend
- Trillion
- tweet
- Update
- Upland
- Upside
- us
- USD
- USD Coin
- USD Coin (USDC)
- USDC
- USDT
- users
- was
- week
- while
- with
- would
- writing
- zephyrnet