{"id":330274,"date":"2023-06-01T12:46:34","date_gmt":"2023-06-01T11:46:34","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=330274"},"modified":"2026-08-18T11:03:58","modified_gmt":"2026-08-18T10:03:58","slug":"litecoin-leads-flat-market-as-outflows-persist-cryptoslate-wmarket-update","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/litecoin-leads-flat-market-as-outflows-persist-cryptoslate-wmarket-update\/","title":{"rendered":"Litecoin leads flat market as outflows persist: CryptoSlate wMarket Update"},"content":{"rendered":"

The cryptocurrency market saw net outflows of $3.8 billion over the last 24 hours and currently stands at $1.13 trillion \u2014 down 0.3% from $1.14 trillion.<\/p>\n

During the reporting period, the market caps of Bitcoin (BTC<\/a>) and Ethereum (ETH<\/a>) fell 0.7% and 0.3% to $521.18 billion and $223.78 billion, respectively.<\/p>\n

Over the last 24 hours, the top 10 cryptocurrencies recorded a mixed performance. Litecoin posted the most significant gains, up 4%, fueled by halving hype and on-chain metrics showing an increase in trading volume. While Cardano bought up the rear, losing 3.3% in value.<\/p>\n

\"Top
Source: CryptoSlate.com<\/figcaption><\/figure>\n

Tether's market cap (USDT) grew to $83.23 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $28.87 billion and $5.20 billion, respectively.<\/p>\n

Bitcoin<\/h2>\n

Bitcoin decreased by 0.7% to trade at $26,869 as of 07:00 ET. Its market dominance fell to 46.1% from 46.2%.<\/p>\n

Over the last 24 hours, a push higher topped out at $27,340 by Wednesday evening – triggering a spill lower to find support at $26,610. Into Thursday, BTC has been edging upwards over the morning.<\/p>\n

\"Bitcoin
Source: TradingView.com<\/figcaption><\/figure>\n

Ethereum<\/h2>\n

In the last 24 hours, Ethereum lost 0.3% to trade at $1,861 as of 07:00 ET. Its market dominance stayed flat at 19.8%.<\/p>\n

During the reporting period, ETH saw a peak price of $1,888 by Wednesday evening, leading to a drawdown that bounced at the $1,840 level. ETH has since been trickling higher.<\/p>\n

\"Ethereum
Source: TradingView.com<\/figcaption><\/figure>\n

Top 5 Gainers<\/h2>\n

ARAW<\/a><\/h3>\n

ARAW is the day's biggest gainer, growing 54.3% over the last 24 hours to $0.14755<\/span> as of press time. The token is up 200% over the past seven days. Its market cap stood at $294.15<\/span> million.<\/span><\/p>\n

Escroco Emerald<\/a><\/h3>\n

ESCE gained 71.2% to trade at $0.24951<\/span> at the time of writing. Its market cap stood at $249.51<\/span> million.<\/span><\/p>\n

Cannation<\/h3>\n

CNNC grew 58.5% over the last 24 hours to $94.1531<\/span> as of press time. Its market cap stood at $233.21<\/span> million.<\/p>\n

FantasyGold<\/a><\/h3>\n

FGC jumped 41.6% to $12.0040<\/span> over the last 24 hours. Its market cap stood at $1.68 b<\/span>illion.<\/span><\/p>\n

XinFin<\/a><\/h3>\n

XDC rose 22.8% to $0.03933<\/span> as of press time. The project celebrates its four-year mainnet anniversary today. Its market cap stood at $544.3<\/span> million.<\/p>\n

Top 5 Losers<\/h2>\n

GateToken<\/a><\/h3>\n

GT is the day's biggest loser, falling 7.5% to $4.45723<\/span> at the time of press. Gate.io denied being impacted by the fallout from Multichain's CEO going missing. Its market cap stood at $435.96<\/span> million.<\/p>\n

Flux <\/a><\/h3>\n

FLUX fell 6.6% to $0.52376<\/span> over the reporting period. The team said Project Mayhem, a generative AI detector, is coming soon. Its <\/span>market cap stood at $155.6<\/span> million.<\/p>\n

tomiNET<\/a><\/h3>\n

TOMI sunk 6.3% to $4.17574<\/span> as\u00a0<\/span>of press time. tomi will be hosting The Nakamoto Forum gathering in Marrakech, Morocco<\/span>. <\/span>Its m<\/span>arket cap stood at $165.54<\/span> million.<\/span><\/p>\n

OriginTrail<\/a><\/h3>\n

TRAC fell 5.6% to trade at $0.27528<\/span> as of press time. The project announced a grant to advance trusted AI. I<\/span>ts market cap stood at $108.35<\/span> million.<\/p>\n

Mask Network<\/a><\/h3>\n

MASK lost 4.9% to trade at $4.24413<\/span>. <\/span>Its\u00a0<\/span>market cap stood at $340.06<\/span> million.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency market saw net outflows of $3.8 billion over the last 24 hours and currently stands at $1.13 trillion \u2014 down 0.3% from $1.14 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) fell 0.7% and 0.3% to $521.18 billion and $223.78 billion, respectively. Over the last 24 hours, […]<\/p>\n","protected":false},"author":460,"featured_media":330368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"\nLitecoin leads flat market as outflows persist: CryptoSlate wMarket Update<\/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\" href=\"https:\/\/cryptoslate.com\/litecoin-leads-flat-market-as-outflows-persist-cryptoslate-wmarket-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin leads flat 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