Mixed market performance sees Bitcoin ( $81,382.00 ) drop below $28,000

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The cryptocurrency market cap saw net outflows of around $20 billion over the last 24 hours and currently stands at $1.17 trillion — down 1.55% from $1.19 trillion.

During the reporting period, Bitcoin ( $81,382.00 ) and Ethereum ( $2,637.01 ) ’s market cap fell by 2.38% and  2.04% to $539.89 billion $216.15 billion, respectively.

All top 10 crypto assets performed poorly in the last 24 hours except for BNB ( $0.00 ) , Cardano ( $0.23 ) and Polkadat which posted marginal gains.

Polygon and Bitcoin ( $81,382.00 ) posted the highest loss of over 2% respectively. Other assets like Ethereum ( $2,637.01 ) , Dogecoin ( $0.089 ) saw slight losses during the reporting period.

Source: CryptoSlate

In the last 24 hours, the market cap of Tether (USDT) increased to $79.70 billion. Meanwhile, the market caps of USD Coin (USDC) and Binance USD fell to $32.85 billion and $7.61 billion, respectively.

Bitcoin ( $81,382.00 )

In the last 24 hours, Bitcoin ( $81,382.00 ) decreased by 2.37% to trade at $27,900 as of 07:00 ET. Its market dominance plunged to 46.2% from 46.6%.

During the reporting period, Bitcoin ( $81,382.00 ) lost the $28,000 level again an bottomed at $27,583. Around $4 billion worth of BTC options are set to expire later today.

CryptoSlate Insight reported that on-chain data shows a Bitcoin ( $81,382.00 ) ’s market sentiment transition from bear to bull market

Source: Tradingview

Ethereum ( $2,637.01 )

Over the last 24 hours, Ethereum ( $2,637.01 ) declined 0.31% to trade at $1,792 as of 07:00 ET. Its market dominance dropped to 18.5% from 18.6%.

ETH’s price performance mirrored that of BTC. The asset peaked at $1,816 and bottomed at $1,766 over the reporting period.

Source: Tradingview

Top 5 Gainers

Solar

SXP is the day’s biggest gainer for the second consecutive day. The token rose 33.53% over the reporting period to $0.62974 as of press time. The project has been up 99% over the last 30 days. Its market cap stood at $352.41 million.

Baby Doge Coin

BabyDOGE surged 28.13% to $0.000000002912 during the reporting period. The meme token announced it would be listed by a top 10 exchange on March 31. Its market cap stood at $333.25 million.

Holo

HOT gained 12.82% to trade at $0.00207 at the time of writing. The token is down 0.08% over the past month. Its market cap stood at $358.41 million.

Blur

DERO is up 10.31% to $0.55803 as of press time. The NFT marketplace token has fallen 30% in the last 30 days. Its market cap stood at $236.9 million.

aelf

ELF rose 10.16% to $0.32708. Over the past week, the smart contract network has been up 4%. Its market cap stood at $193.47 million.

Top 5 Losers

Ronin

RON is the day’s biggest loser, falling 14.83% to trade at $0.94807 at the time of writing. The project has been experiencing a sell-off over the last seven days, down 17%. Its market cap stood at $171.85 million.

Flare

FLR is on the top losers list for the third consecutive day. It is down 8.97% to $0.03431 as of press time. Its market cap stood at $411.72 million.

Stacks

STX declined 6.63% to $0.88872 over the reporting period. Interest in the project appears to have waned as it has shed 20% of its value over the past week. Its market cap stood at $1.22 billion.

Alchemy Pay

ACH plunged 5.41% to $0.03446. Its market cap stood at $175.13 million.

Alethea Liquid Intelligence

ALI decreased 5.15% to $0.03557. The AI-related token has tanked by 46% in the last 30 days. Its market stood at $127.63 million.

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