• Cryptocurrency market cap stayed flat in the last 24 hours, with Bitcoin increasing by 1.65% and Ethereum decreasing by 0.50%.
• Tether (USDT) market cap increased to $74.47 billion while Binance USD (BUSD) remained flat at $8.34 billion and USD Coin (USDC) decreased to $37.49 billion.
• Prom was the top gainer with 35.28% increase, followed by Gains Network and Mask Network which rose 20.34% and 12.94%, respectively.
CryptoSlate wMarket Update
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Overall Market Performance
In the last 24 hours, the cryptocurrency market cap remained flat at 1.09 trillion despite declining by around 0.16% during the reporting period.
Bitcoin market cap increased by 1.65% to $482.10 billion, while Ethereum’s market cap decreased by 0.50% to $203.92 billion, respectively.
All top 10 cryptocurrencies recorded losses in the last 24 hours, except Bitcoin and BNB, which rose 1.59% and 2.8%, respectively.
Stablecoins
In the last 24 hours, the market cap of Tether (USDT) increased to $74