{"id":11809,"date":"2023-05-04T12:02:46","date_gmt":"2023-05-04T12:02:46","guid":{"rendered":"https:\/\/www.cryptoheretostay.com\/?p=11809"},"modified":"2023-05-04T12:02:47","modified_gmt":"2023-05-04T12:02:47","slug":"crypto-market-recovers-this-weeks-losses","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=11809","title":{"rendered":"Crypto market recovers this week&#8217;s losses"},"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 $22.6 billion over the last 24 hours and currently stands at $1.20 trillion \u2014 up 1.9% from $1.18 trillion.<\/p>\n<p>During the reporting period, Bitcoin (BTC) and Ethereum\u2019s (ETH) market cap grew 2.2% and 2.4% to $566.16 billion and $230.14 billion, respectively.<\/p>\n<p>All of the top 10 cryptocurrencies recorded gains over the last 24 hours. Solana leads the pack, up 3%. Meanwhile, Litecoin managed to stay in the green, having posted a 0.4% increase in value.<\/p>\n<p>Source: CryptoSlate.com<\/p>\n<p>The market cap of Tether (USDT) grew to $82.01 billion. In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $30.18 billion and $5.99 billion, respectively.<\/p>\n<h2>Bitcoin<\/h2>\n<p>In the last 24 hours, Bitcoin increased 2.2% to trade at $29,238 as of 07:00 ET. Its market dominance grew to 47.2% from 47%.<\/p>\n<p>During the reporting period, BTC saw a double dip that broke through $28,800 resistance by Wednesday evening (ET). Peaking at $29,270, BTC managed to retain most of the gains, leading to another move higher that topped at $29,380 after 06:00.<\/p>\n<p>Source: TradingView.com<\/p>\n<p>\u00a0<\/p>\n<h2>Ethereum<\/h2>\n<p>Over the last 24 hours, Ethereum grew 2.4% to trade at $1,912 as of 07:00 ET. Its market dominance increased to 19.2% from 19.1%.<\/p>\n<p>During the reporting period, ETH tapped the $1,894 resistance level multiple times before breaking through at 18:00 yesterday. The second-largest cryptocurrency was rejected at $1,916, triggering a slight drop into a flat trading pattern \u2014 a retest of this level was rejected in the early hours of today.<\/p>\n<p>Source: TradingView.com<\/p>\n<h2>Top 5 Gainers<\/h2>\n<h3>HEX<\/h3>\n<p>HEX is the day\u2019s biggest gainer, growing 17.1% over the last 24 hours to $0.06652 as of press time. The PulseChain main net is expected to launch soon. Its market cap stood at $11.54 billion.<\/p>\n<h3>WOO Network<\/h3>\n<p>WOO grew 12.6% over the last 24 hours to $0.29400 as of press time. Its market cap stood at $493.51 million.<\/p>\n<h3>Radicle<\/h3>\n<p>RAD gained 12.1% to trade at $3.95273 at the time of writing. The project is working on its Heartwood upgrade. Its market cap stood at $196.96 million.<\/p>\n<h3>Kaspa<\/h3>\n<p>KAS gained 10.9% to $0.02899 over the last 24 hours. The project recently hosted a workshop on the Kaspa protocol. Its market cap stood at $531.12 million.<\/p>\n<h3>Conflux Network<\/h3>\n<p>CFX rose 8.5% to $0.33264 as of press time. The network\u2019s first DEX, vSwap, launched this month. Its market cap stood at $927.55 million.<\/p>\n<h2>Top 5 Losers<\/h2>\n<h3>Sui<\/h3>\n<p>SUI is the day\u2019s biggest loser, falling 69.6% to trade at $1.37294 at the time of writing. The Sui main net launched on May 3. Its market cap stood at $725.29 million.<\/p>\n<h3>RSK Infrastructure Framework<\/h3>\n<p>RIF dropped 10.7% to trade at $0.14322. The project launched its DeFi use case by region report today. Its market cap stood at $137.5 million.<\/p>\n<h3>Core<\/h3>\n<p>CORE fell 9% to $1.33332 over the reporting period. The project hosted its Discord and Telegram AMA yesterday. Its market cap stood at $149.28 million.<\/p>\n<h3>Radix<\/h3>\n<p>XRD fell 6.1% to $0.08552 over the reporting period. Despite today\u2019s sell-off, the token is still up 79.6% over the past month. Its market cap stood at $869.08 million.<\/p>\n<h3>WEMIX<\/h3>\n<p>WEMIX plunged 4.9% to trade at $1.06573 as of press time. Its market cap stood at $266.31 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-crypto-market-recovers-this-weeks-losses\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market cap saw net inflows of $22.6 billion over the last 24 hours and currently stands at $1.20 trillion \u2014 up 1.9% from $1.18 trillion. During the reporting period, Bitcoin (BTC) and Ethereum\u2019s (ETH) market cap grew 2.2% and 2.4% to $566.16 billion and $230.14 billion, respectively. All of the top 10 cryptocurrencies [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-11809","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\/11809","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=11809"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11809\/revisions"}],"predecessor-version":[{"id":11811,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11809\/revisions\/11811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/11810"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}