Bitcoin’s continued rally sparks $25k dream


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In the last 24 hours, the cryptocurrency market cap saw net inflows of around $70 billion and currently stands at $1.08 trillion — up 6.96% from $1.01 trillion.

Over the reporting period, Bitcoin ( $110,171.00 ) and Ethereum ( $0.00 ) ’s market cap increased by 12.33% and 6.4% to $479.86 billion and $206.67 billion, respectively.

The top 10 crypto assets maintained impressive price performance over the last 24 hours. The biggest gainers were flagship digital assets, BTC and ETH, which rose by 10.98% and 6.29%, respectively.

Source: CryptoSlate.com

In the last 24 hours, the market cap of Tether (USDT) slightly increased to $73.28 billion. Meanwhile, Binance USD (BUSD) remained flat at $8.3 billion, while USD Coin (USDC) decreased to $39.47 billion.

Bitcoin ( $110,171.00 )

In the last 24 hours, Bitcoin ( $110,171.00 ) increased 10.98% to trade at $24,554 as of 07:00 ET. Its market dominance increased to 44% from 42.3%.

During the reporting hours, Bitcoin ( $110,171.00 ) continued with its market rally, trading bear $25,000.

Source: Tradingview

Ethereum ( $0.00 )

Over the last 24 hours, Ethereum ( $0.00 ) gained 6.29% to trade at $1,684 as of 07:00 ET. Its market dominance dropped to 19.1% from 19.2%.

ETH’s price performance mirrored that of Bitcoin ( $110,171.00 ) . The asset peaked at $1699, increasing speculations that it might soon breach the $2000 level.

Source: Tradingview

Top 5 Gainers

RSK Infrastructure Framework

RIF is the day’s biggest gainer, rising 36.02% over the reporting period to $0.15 as of press time. The altcoin is one of the biggest gainers in the last 30 days, outperforming Bitcoin ( $110,171.00 ) by more than 12 times during the period, according to CryptoDiffer data. Its market cap stood at $143.46 million.

Conflux Network

CNX is on the top gainer’s list for the second consecutive day. The token jumped 31.12% to $0.249. The China-related project has continued to score several partnerships bolstering its recent growth. Its market cap stood at $663.54 million.

Blur

BLUR is up 27.39% to $0.64 as of press time. The NFT marketplace maintained its dominance over rival OpenSea in February, according to Binance Research. Its market cap stood at $265.12 million.

Threshold

T increased 21.74% to $0.042 as of press time. The token has grown 8% in the last 30 days. Its market cap stood at $368.67 million.

Keep Network

KEEP grew 21.69% in the last 24 hours to trade at $0.19 as of press time. Its market cap stood at $171.47 million.

Top 5 Losers

UNUS SED LEO

LEO is the day’s biggest loser, falling 2.76% to trade at $3.34 at the time of writing. The token is on the top losers list for the second consecutive day. Its market cap stood at $3.19 billion.

LUKSO

LYXe plunged 1.67% to $8.85 over the reporting period. The token has been down 16% over the past 30 days. Its market cap stood at $136.43 million.

APENFT

NFT fell 1.05% to $0.000000429. It was unclear why the token was experiencing a sell-off. Its market cap stood at $119.06 million.

Maker

MKR appears to have shed some of its March 13 gains. The DeFi token is down 0.66% to $872.88 as of press time. Its market cap stood at $853.36 million.

Alethea Liquid Intelligence

ALI declined 0.41% to $0.051 at the time of writing. The AI-related token has fallen by 11% over the last 30 days. Its market cap stood at $183.4 million.



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