{"id":11791,"date":"2023-05-03T11:59:52","date_gmt":"2023-05-03T11:59:52","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=11791"},"modified":"2023-05-03T11:59:53","modified_gmt":"2023-05-03T11:59:53","slug":"bitcoin-boost-delivers-market-reprieve","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=11791","title":{"rendered":"Bitcoin boost delivers market reprieve"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>The cryptocurrency market cap saw net inflows of $17.9 billion over the last 24 hours and currently stands at $1.18 trillion \u2014 up 1.5% from $1.16 trillion.<\/p>\n<p>During the reporting period, Bitcoin (BTC) and Ethereum\u2019s (ETH) market cap grew 2% and 2% to $553.45 billion and $224.66 billion, respectively.<\/p>\n<p>The top 10 cryptocurrencies recorded a mixed performance, with Polygon leading the gainers, up 3%. Meanwhile, XRP fell 1.2% to bring up the rear.<\/p>\n<p>Source: CryptoSlate.com<\/p>\n<p>The market cap of Tether (USDT) grew to $81.9 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.23 billion and $6.09 billion, respectively.<\/p>\n<h2>Bitcoin<\/h2>\n<p>In the last 24 hours, Bitcoin increased 2% to trade at $28,598 as of 07:00 ET. Its market dominance grew to 47% from 46.7%.<\/p>\n<p>During the reporting period, BTC saw a spike that resulted in a local top of $28,870. It has since been trading flat with sell-side bias, finding support around the $28,450 level.<\/p>\n<p>Source: TradingView.com<\/p>\n<h2>Ethereum<\/h2>\n<p>Over the last 24 hours, Ethereum grew 2% to trade at $1,865 as of 07:00 ET. Its market dominance increased to 19.1% from 18.9%.<\/p>\n<p>During the reporting period, ETH\u2019s price action closely followed Bitcoin, topping out at $1,882, leading into a pattern ranging between $1,860 and $1,876.<\/p>\n<p>Source: TradingView.com<\/p>\n<h2>Top 5 Gainers<\/h2>\n<h3>RSK Infrastructure Framework<\/h3>\n<p>RIF is the day\u2019s biggest gainer, growing 38.5% over the last 24 hours to $0.16079 as of press time. The project will host a Twitter Space on May 5 to discuss product lineup and grants, among other topics. Its market cap stood at $154.36 million.<\/p>\n<h3>Stacks<\/h3>\n<p>STX gained 18.6% to trade at $0.81805 at the time of writing. Its market cap stood at $1.13 billion.<\/p>\n<h3>HEX<\/h3>\n<p>HEX grew 11.7% over the last 24 hours to $0.05678 as of press time. Daily transactions on the PulseChain testnet reached 367,000. Its market cap stood at $9.85 billion.<\/p>\n<h3>Kaspa<\/h3>\n<p>KAS gained 9.1% to $0.02610 over the last 24 hours. The token was a top-five loser yesterday and is down 23.1% over the past month. Its market cap stood at $477.57 million.<\/p>\n<h3>aelf<\/h3>\n<p>ELF rose 8% to $0.30026 as of press time. The project completed its v1.3.1 upgrade last month. Its market cap stood at $183.73 million.<\/p>\n<h2>Top 5 Losers<\/h2>\n<h3>Radicle<\/h3>\n<p>RAD is the day\u2019s biggest loser, falling 23.4% to trade at $3.45441 at the time of writing. The project said it is progressing with its Heartwood upgrade. Its market cap stood at $172.13 million.<\/p>\n<h3>UMA<\/h3>\n<p>UMA dropped 10.3% to trade at $1.12742. Its market cap stood at $148.14 million.<\/p>\n<h3>iExec RLC<\/h3>\n<p>RLC fell 8.7% to $1.82744 over the reporting period. The project recently posted an article about its V8 upgrade on Medium. Its market cap stood at $148.02 million.<\/p>\n<h3>JOE<\/h3>\n<p>JOE fell 5.4% to $0.40485 over the reporting period. The project has a presence at the Avalanche Summit, which takes place in Barcelona between May 3-5. Its market cap stood at $136.21 million.<\/p>\n<h3>Space ID<\/h3>\n<p>ID plunged 5.1% to trade at $0.59107 as of press time. The token is down 23.6% over the past month. Its market cap stood at $179.97 million.<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/cryptoslate-wmarket-update-bitcoin-boost-delivers-market-reprieve\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market cap saw net inflows of $17.9 billion over the last 24 hours and currently stands at $1.18 trillion \u2014 up 1.5% from $1.16 trillion. During the reporting period, Bitcoin (BTC) and Ethereum\u2019s (ETH) market cap grew 2% and 2% to $553.45 billion and $224.66 billion, respectively. The top 10 cryptocurrencies recorded a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11792,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-11791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11791"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11791\/revisions"}],"predecessor-version":[{"id":11793,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11791\/revisions\/11793"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/11792"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}