Since the last wMarket report on Friday, the cryptocurrency market cap saw net outflows of $27.4 billion and currently stands at $1.16 trillion — down 2.3% from $1.18 trillion.
Since last Friday, Bitcoin and Ethereum’s’ market caps fell 2.1% and 3.6% to $530.74 billion and $222.12 billion, respectively.
Over the last 24 hours, the top 10 cryptocurrencies posted losses except for Litecoin, which bucked the broader market trend — recording 0.7% gains. Meanwhile, Polygon leads the losses, down 3.1% over the period.
The market cap of Tether (USDT) grew to $81.45 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.78 billion and $6.44 billion, respectively.
Bitcoin
In the last 24 hours, Bitcoin fell 0.4% to trade at $27,424 as of 07:00 ET. Its market dominance grew to 45.8% from 45.7%.
Since last Friday, Bitcoin traded relatively flat until a spike higher topped out at $28,000 on Sunday evening (ET). This was followed by a sharp drop that found support at $27,180.
Ethereum
Over the last 24 hours, Ethereum fell 1.2% to trade at $1,845 as of 07:00 ET. Its market dominance fell to 19.2% from 19.4%.
Since last Friday, Ethereum has followed a similar pattern to Bitcoin. The Sunday evening (ET) spike peaked at $1,890 before trending downwards to form a local bottom at $1,830.
