Over the last 24 hours, the cryptocurrency market cap saw net inflows of $21.2 billion to $1,030.6 billion from $1,009.4 billion as of press time — up 2.1%.
During the reporting period, Bitcoin’s market cap grew 1.7% to $395.8 billion from $389.2 billion. Meanwhile, Ethereum’s market cap increased by 2% to $194.3 billion from $190.4 billion.
The top 10 cryptocurrencies posted gains over the last 24 hours, except Dogecoin, which is down 10.4% due to news that Twitter is being sued for failing to provide sacked workers with sufficient notice. Polygon leads the large caps thanks to partnering with Meta for NFTs, growing 14.9% over the period.
Source: CryptoSlate.com
The market caps of Tether (USDT) and BinanceUSD (BUSD) stayed largely flat at $69.4 billion and $21.7 billion, respectively. USD Coin (USDC) saw a decrease to $42.7 billion.
Bitcoin
Over the last 24 hours, Bitcoin posted marginal gains of 1.6% to $20,604 as of 07:00 ET. Its market dominance decreased to 38.4% from 39.0%.
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