Bitcoin loses $26,900 – with a 39-week high

The cryptocurrency market capitalization saw a net inflow of $58.1 billion over the past 24 hours and currently stands at $1.14 trillion – up 5.4% from $1.09 trillion.

During the reporting period, the market values ​​of Bitcoin and Ethereum increased by 7% and 4.6% to $515.4 billion and $213.6 billion, respectively.

The top 10 cryptocurrencies recorded gains over the past 24 hours, with Bitcoin posting 7% gains to lead the pack, closely followed by Dogecoin, up 6.7%. Bringing up the rear is XRP, which is up 2.4%.

In the last 24 hours, the market capitalization of Tether (USDT) increased to $75.4 billion. Meanwhile, USD Coin (USDC) and Binance USD (BUSD) fell to $36.8 billion and $8.3 billion, respectively.

Bitcoin

Over the past 24 hours, Bitcoin gained 7% to trade at $26,702 as of 7:00 a.m. ET. Market dominance fell to 45.3% from 44.5%.

During the reporting hours, Bitcoin saw an increase in buyers around Thursday evening. This took the price of BTC from just under $25,000 to a peak of $26,870 – a 39-week high.

Ethereum

Over the past 24 hours, Ethereum has grown 4.6% to trade at $1,742 at 07:00 ET. Market dominance fell to 18.7% from 18.8%.

Ethereum also saw bullish activity around 21:00 yesterday to take the price from $1,670 to a local high of $1,755.

Top 5 winners

RSK Infrastructure Framework

RIF is the day’s biggest gainer, rising 18.7% over the reporting period to $0.18053 as of press time. The token was recently listed on the LBank exchange. The market value was $172.12 million.

Immutable X

IMX rose 17% to $1.44042 as of press time. The project teased “news coming soon” regarding the IMX token. The market value was $1.25 billions.

Stacks

STX is among the day’s top gainers after rising 15.7% to $1.06276 at the time of writing. The Stacks 2.1 upgrade is ready for rollout. The market value was $1.45 billions.

Phantom

FTM rose 15.3% to $0.46786. The project recently announced its gas revenue program. The market value was 1.3 billion dollars.

Neo

NEO is up 12.9% to $12.1844 as of press time. The project launched its NEO Trading Challenge recently. The market value was $859.47 million.

Top 5 losers

Helium

HNT is the biggest loser of the day, falling 12.8% to trade at $1.72467 at the time of writing. Binance delisted HNT as of March 21st. The market value was $241.45 million.

GensoKishi Metaverse

MV plunged 5.7% to $0.11367 over the reporting period. The market value was $194.3 million.

Kava

KAVA fell 5.3% to $1.02803 over the reporting period. The market value was $457.51 million.

MAGIC

MAGIC is down 5% to $1.57387. Despite today’s losses, the token is still up 44.3% over the past week. The market value was $334.02 million.

Ribbon Finance

RBN fell 3.2% to $0.25369. The token is still up 31.5% in the last week. The market value was $135.16 million.