Tuesday, September 26, 2023

Bitcoin maintains $27K amid rising community charges

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Within the final 24 hours, the cryptocurrency market cap noticed web outflows of round $20 billion and presently stands at $1.14 trillion — down 1.16% from $1.16 trillion.

Through the interval, Bitcoin (BTC) and Ethereum’s (ETH) market cap fell 1.31% and 0.85% to $534.37 billion and $221.6 billion, respectively.

Apart from Tron, the highest 10 cryptocurrencies recorded losses over the past 24 hours. Polygon, Solana, and Polkadot have been the largest losers, falling greater than 2%, respectively.

CryptoSlate wMarket update
Supply: CryptoSlate

The market cap of Tether (USDT) grew to $82.39 billion. In distinction, USD Coin (USDC) and Binance USD (BUSD) fell to $30.24 billion and $5.97 billion, respectively.

Bitcoin

Within the final 24 hours, Bitcoin fell 1.24% to commerce at $27,609 as of 07:00 ET. Its market dominance remained flat at 46.9%.

Through the reporting interval, BTC continued to commerce round $27,000 amid issues over its rising community charges. The asset bottomed at $27,310.

CryptoSlate wMarket updTe
Supply: TradingView

Ethereum

Over the past 24 hours, Ethereum declined 2.43% to commerce at $1,858 as of 07:00 ET. Its market dominance rose to 19.4%.

ETH mirrored BTC value efficiency, peaking at $1876 in the course of the reporting interval.

CryptoSlate wMarket updTe
Supply: TradingView

High 5 Gainers

Bitcoin SV

BSV is the day’s largest gainer, rising 32.26% over the past 24 hours to $0.17221 as of press time. The blockchain community has seen its native token rise amid the rising issues over BTC’s community congestion points. Its market cap stood at $779.01 million.

Bitget Token

BGB rose 17.42% to $0.46661 as of press time. The alternate token has been up 18% over the past seven days. Its market cap stood at $653.26 million.

tomiNET

TOMI is on the highest gainers’ record for the second consecutive day. It grew 14.33% over the past 24 hours to $4.11 as of press time. Its market cap stood at $163.16 million.

Kava

RAD gained 8.28% to commerce at $0.77 at the time of writing. Its market cap stood at $394.63 million.

Lido Dao Token

LDO gained 8.2% to $1.87 over the past 24 hours. Its market cap stood at $1.65 billion.

High 5 Losers

RSK Infrastructure Framework

RIF is the day’s largest loser, falling 18.81% to commerce at $0.13 on the time of writing. Its market cap stood at $136.22 million.

Radicle

RAD dropped 16.4% to commerce at $2.62. Regardless of at this time’s drawdown, the token has elevated greater than 40% over the previous month. Its market cap stood at $130.56 million.

Pepe

PEPE plunged 15.15% to commerce at $0.0000019 as of press timeThe high-flying memecoin is experiencing heavy sell-off as traders start to take revenue. Its market cap stood at $772.25 million.

WOO Community

WOO fell 14.71% to $0.22 over the reporting interval. Its market cap stood at $385.38 million.

Core

CORE misplaced 13.2% to $0.90 over the reporting interval. The EVM-Appropriate blockchain has shed over 40% within the final 30 days. Its market cap stood at $100.6 million.



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