Bitcoin maintains $29,000 in flat market performance

The cryptocurrency market cap saw net outflows of $10 billion over the past 24 hours and currently stands at $1.19 trillion – down 0.6% from $1.20 trillion.

During the reporting period, Bitcoin (BTC) and Ethereum’s (ETH) market cap fell by 0.37% and 0.36% to $563.62 billion and $229.12 billion, respectively.

All the top 10 cryptocurrencies registered losses in the last 24 hours. Solana fell the most with a loss of over 2%, while others mostly recorded losses of less than 1%.

The market cap of Tether (USDT) grew to $82.09 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.12 billion and $5.97 billion, respectively.

Bitcoin

In the past 24 hours, Bitcoin fell 0.41% to trade at $29,118 at 07:00 ET. Market dominance remained stable at 47.2%.

BTC’s chain activity has soared to new heights during the first week of this month thanks to the growing interest in BTC NFTs.

MeanwhileCryptoSlate Insight reported that BTC’s spot trading volume fell by 70% in April.

Ethereum

In the past 24 hours, Ethereum fell 0.33% to trade at $1,905 as of 07:00 ET. Market dominance also remained stable at 19.2%.

During the reporting period, ETH hit a high of $1,913 in early trading today.

Top 5 winners

UMA

HEX is the biggest gainer of the day, growing 38.92% in the last 24 hours to $2.83660 as of press time. Crypto data aggregator Luna Crush listed it among its top 10 assets based on performance. The market value was $201.85 million.

Radicle

RAD rose 28.68% to trade at $5.36211 on at the time of writing. The token tops CryptoSlate’s top winners list in the last 30 days, up 209%. Its market capitalization was $267.19 million.

Decided

DCR grew 10.9% in the last 24 hours to $19.3478 as of press time. Its market capitalization was $288.78 million.

BinaryX

BNX rose 5.17% to $0.61656 as of press time. The BNB Chain-based gaming platform has introduced a new space simulation game Project Mathew to its community. The market value was 178.26 million dollars.

Glorious

RDNT rose 4.83% to $0.42172 during the last 24 hours. Crypto.com recently listed the token on its platform. The market value was 112.35 million dollars.

Top 5 losers

RSK Infrastructure Framework

RIF is the biggest loser of the day, falling 9.09% to trade at $0.13080 at the time of writing. The file sharing token has seen minimal selling in the past week, down 0.06%. IThe market value was 125.58 million dollars.

Stacks

STX lost 7.34% to $0.73028 over the reporting period. Interest in the layer2 network has remained high with the rise of BTC NFTs. IThe market value was 1 billion dollars.

Bone Shibaswap

BONE fell 7.22% to trade at $0.87442. The project’s token holders passed 83,000 earlier today. IThe market value was 201.05 million dollars.

Space ID

ID plunged 5.87% to trade at $0.57483 as of press time. It is the market value was 175.03 million dollars.

Core

CORE fell 5.76% to $1.25647 over the reporting period. The EVM compatible layer1 blockchain network has lost over 17% in the last seven days. IThe market value was 140.85 million dollars.