{"id":315765,"date":"2023-04-07T12:53:28","date_gmt":"2023-04-07T11:53:28","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=315765"},"modified":"2023-04-07T12:53:28","modified_gmt":"2023-04-07T11:53:28","slug":"cryptoslate-wmarket-update-xrp-outperforms-large-caps-in-flat-crypto-market","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/cryptoslate-wmarket-update-xrp-outperforms-large-caps-in-flat-crypto-market\/","title":{"rendered":"CryptoSlate wMarket Update: XRP outperforms large caps in flat crypto market"},"content":{"rendered":"<p>The cryptocurrency market cap saw net inflows of $1.2 billion and currently stands at $1.178 trillion \u2014 up 0.1% from $1.177 trillion.<\/p>\n<p>During the last 24 hours, Bitcoin's market cap grew 0.5% to $540.26 billion. In contrast, Ethereum's market cap fell 0.1% to $223.85.<\/p>\n<p>Over the reporting period, the top 10 crypto assets recorded a mixed performance. Leading the gainers is XRP, growing 2.9%. However, Dogecoin continues bleeding out, having lost 6.6% since yesterday.<\/p>\n<figure id=\"attachment_315805\" aria-describedby=\"caption-attachment-315805\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-315805 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/wMarket-top10-landscape-4-1024x640.jpg\" alt=\"Top 10 cryptocurrencies\" width=\"1024\" height=\"640\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/wMarket-top10-landscape-4-1024x640.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/wMarket-top10-landscape-4-300x188.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/wMarket-top10-landscape-4-768x480.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/wMarket-top10-landscape-4.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-315805\" class=\"wp-caption-text\">Source: CryptoSlate.com<\/figcaption><\/figure>\n<p>The market caps of Tether (USDT) and USC Coin (USDC) increased to $80.2 billion and $32.8 billion, respectively. Meanwhile, Binance USD (BUSD) fell to $7.1 billion.<\/p>\n<h2>Bitcoin<\/h2>\n<p>In the last 24 hours, Bitcoin grew 0.5% to trade at $27,958 as of 07:00 ET. Its market dominance increased to 45.9% from 45.8%.<\/p>\n<p>Over the reporting period, BTC peaked at $28,182, leading to a gradual move lower that found support at $27,785 at approximately 04:00 (ET).<\/p>\n<figure id=\"attachment_315809\" aria-describedby=\"caption-attachment-315809\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-315809 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/BTCUSDT_2023-04-07_19-00-24-1024x607.png\" alt=\"Bitcoin chart\" width=\"1024\" height=\"607\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/BTCUSDT_2023-04-07_19-00-24-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/BTCUSDT_2023-04-07_19-00-24-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/BTCUSDT_2023-04-07_19-00-24-768x455.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/BTCUSDT_2023-04-07_19-00-24.png 1477w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-315809\" class=\"wp-caption-text\">Source: TradingView.com<\/figcaption><\/figure>\n<h2>Ethereum<\/h2>\n<p>Over the last 24 hours, Ethereum lost 0.1% to trade at $1,859 as of 07:00 ET. Its market dominance fell to 19% from 19.1%.<\/p>\n<p>During the reporting period, Ethereum tested $1,883 resistance twice. Following the second rejection, a move lower turned into a sharper drop that formed a local bottom at $1,842.<\/p>\n<figure id=\"attachment_315815\" aria-describedby=\"caption-attachment-315815\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-315815 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/ETHUSDT_2023-04-07_19-00-33-1024x607.png\" alt=\"Ethereum chart\" width=\"1024\" height=\"607\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/ETHUSDT_2023-04-07_19-00-33-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/ETHUSDT_2023-04-07_19-00-33-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/ETHUSDT_2023-04-07_19-00-33-768x455.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/ETHUSDT_2023-04-07_19-00-33.png 1477w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-315815\" class=\"wp-caption-text\">Source: TradingView.com<\/figcaption><\/figure>\n<h2>Top 5 Gainers<\/h2>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/mil-k-alliance\/\">MiL.k<\/a><\/h3>\n<p>MLK is the day's biggest gainer growing 17.2% over the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">0.52876<\/span> as of press time. The project recently released its Q1 2023 activity report, including details of a new roadmap. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">144.92<\/span> million.<\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/enjin-coin\/\">Enjin Coin<\/a><\/h3>\n<p>ENJ grew 15.8% to $<span class=\"holepunch holepunch-coin_price_usd\">0.47764<\/span> <span class=\"holepunch holepunch-coin_price_usd\">during the reporting period. In addition, the project announced a new platform, User Interface (UI). <\/span>Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">477.64<\/span> million.<\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/alchemy-pay\/\">Alchemy Pay<\/a><\/h3>\n<p>ACH gained 13.7% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">0.04293<\/span> at<span class=\"holepunch holepunch-coin_price_usd\"> the time of writing. Binance added ACH as a loanable asset. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">218.17<\/span> million.<\/span><\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/injective\/\">Injective<\/a><\/h3>\n<p>INJ is up 10.7% to $<span class=\"holepunch holepunch-coin_price_usd\">5.77109<\/span> as of press time. Injective's Global Hackathon is set to open on April 10. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">461.72<\/span> million.<\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/icon\/\">ICON<\/a><\/h3>\n<p>ICX rose 7.6% to $<span class=\"holepunch holepunch-coin_price_usd\">0.38247<\/span> over the last 24 hours<span class=\"holepunch holepunch-coin_price_usd\">. Unfortunately, the coin was yesterday's biggest loser. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">364.76<\/span> million.<\/span><\/p>\n<h2>Top 5 Losers<\/h2>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/ontology\/\">Ontology<\/a><\/h3>\n<p>ONT is the day's biggest loser, falling 11.3% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">0.29279<\/span> <span class=\"holepunch holepunch-coin_price_usd\">at the time of writing. Despite today's drawdown, the token is still up 36.3% over the past month. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">256.27<\/span> million.<\/span><\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/hex\/\">HEX<\/a><\/h3>\n<p>HEX is down 9.1% to $<span class=\"holepunch holepunch-coin_price_usd\">0.06861<\/span> <span class=\"holepunch holepunch-coin_price_usd\">as of press time. Sister chain PulseChain said a v4 testnet is required. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">11.9<\/span> billion.<\/span><\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/dogecoin\/\">Dogecoin<\/a><\/h3>\n<p>DOGE dropped by 7% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">0.08282<\/span><span class=\"holepunch holepunch-coin_price_usd\">. Twitter removed the doge pic, reverting to its blue bird logo. I<\/span><span class=\"holepunch holepunch-coin_price_usd\">ts market cap stood at $11.5 billion.<\/span><\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/neo\/\">Neo<\/a><\/h3>\n<p>NEO declined 5.5% to $<span class=\"holepunch holepunch-coin_price_usd\">12.0350<\/span> <span class=\"holepunch holepunch-coin_price_usd\">over the reporting period. I<\/span>ts market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">848.93<\/span> million.<\/p>\n<h3><a href=\"https:\/\/cryptoslate.com\/coins\/kaspa\/\">Kaspa<\/a><\/h3>\n<p>KAS decreased by 3.5% to $<span class=\"holepunch holepunch-coin_price_usd\">0.02923<\/span>. <span class=\"holepunch holepunch-coin_price_usd\">Its market stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">519.51<\/span> million.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market cap saw net inflows of $1.2 billion and currently stands at $1.178 trillion \u2014 up 0.1% from $1.177 trillion. During the last 24 hours, Bitcoin&#8217;s market cap grew 0.5% to $540.26 billion. In contrast, Ethereum&#8217;s market cap fell 0.1% to $223.85. Over the reporting period, the top 10 crypto assets recorded a [&hellip;]<\/p>\n","protected":false},"author":460,"featured_media":315812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CryptoSlate wMarket Update: XRP outperforms large caps in flat crypto market<\/title>\n<meta name=\"description\" content=\"The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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