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CryptoSlate Daily wMarket Update: Bitcoin bulls successfully defended $27,800

author:Coin circle Haojie

The cryptocurrency market capitalization has seen a net inflow of $9.8 billion in the last 24 hours and is now at $1.17 trillion, up 0.8% from $1.16 trillion.

During the reporting period, the market capitalization of Bitcoin and Ethereum fell by 1.2% and 1.7%, respectively, to $542.1 billion and $218.9 billion.

Over the past 24 hours, the top 10 cryptocurrencies have had mixed results. Leading the declines were Dogecoin and Cardano, down 3.5% and 3.2% respectively. In comparison, Ethereum and Bitcoin have marginal gains of 1.7% and 1.2%, respectively

CryptoSlate Daily wMarket Update: Bitcoin bulls successfully defended $27,800

In the past 24 hours, Tether's market cap has increased to $78.56 billion. Meanwhile, the dollar coin (USDC) fell to $34.4 billion and the dollar bond (Bu SD) held steady at $8.06 billion.

Bitcoin

Over the past 24 hours, Bitcoin rose 1.2%, reaching $28,024 at 07:00 Eastern Time. Market dominance grew from 46.1% to 46.3%.

During the reporting period, buyers lifted Bitcoin to a peak of $28,742. The rejection at this price led to a staggered downtrend and three consecutive tests of the support level of around $27,780. The price of this leading cryptocurrency ranges from $27,956 to $28,449.

CryptoSlate Daily wMarket Update: Bitcoin bulls successfully defended $27,800

Ethereum

Over the past 24 hours, Ethereum has grown 1.7%, trading at $1,787, as of 07:00 ET. Market dominance increased from 18.5% to 18.7%.

During the reporting period, Islion peaked at $1,857 and then showed a downward trend. At 4:00 (EST), after a rejection at $1817, overflow, with a bottom at $1777.

CryptoSlate Daily wMarket Update: Bitcoin bulls successfully defended $27,800

Top 5 beneficiaries

Alethea liquid intelligence

Ali was the biggest gainer of the day, rising 17.5% to $0.04318 during the reporting period. Tokens were yesterday's biggest losers. Its market cap is $154.94 million.

OMG Network

At press time, OMG was up 17% at $2.07768. Coinbase will delist the token on March 29. Its market capitalization is $291.38 million.

ensure

At press time, SURE shares were up 14.6% at $0.00497. The token has gained 62% in the past week. Its market capitalization is $133.24 million.

Mask network

MASK was the top gainer today, up 12.8% at $6.17511 at the time of writing. The token has risen 55.8% over the past month. Its market cap is $470.23 million.

Joe

Shares of Joe's rose 11.8% to $0.43122. The token has gained 90.8% over the past week. Its market capitalization is $145.08 million.

Top 5 losers

arbitration

ARB was the biggest loser of the day, down 87.5% at $1.47745 at the time of writing. The project recently completed an airdrop. Its market capitalization is $1.88 billion.

Hex

The Sopranos fell 20.8% to $0.10011. Thanks to the launch of its sister chain, PulseChain, the V3 testnet, the token yesterday became the number one winner in the world. Its market capitalization is $17.36 billion.

magic

At the time of the media release, Magic shares were down 10.8% to $1.56212. Its market cap is $331.95.

RSK Infrastructure Framework

During the reporting period, RIF decreased 10.4% to $0.13933. Over the past week, the index has fallen 22.8%. Its market cap is $132.83.

Convergence network

During the reporting period, CFX plunged 10.5% to $0.34329. The project recently partnered with China Telecom to develop SIM cards with blockchain with a market cap of $912.06.