{"id":104422,"date":"2023-06-05T13:50:43","date_gmt":"2023-06-05T13:50:43","guid":{"rendered":"https:\/\/dripp.zone\/news\/index.php\/2023\/06\/05\/bitcoin-dips-below-27k-in-red-market-cryptoslate-wmarket-update-crypto-news\/"},"modified":"2023-06-05T13:50:45","modified_gmt":"2023-06-05T13:50:45","slug":"bitcoin-dips-below-27k-in-red-market-cryptoslate-wmarket-update-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-dips-below-27k-in-red-market-cryptoslate-wmarket-update-crypto-news\/","title":{"rendered":"Bitcoin dips below $27k in red market: CryptoSlate wMarket Update\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p>Since last Friday&#8217;s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/bitcoin-recaptures-27000-following-market-reprieve-cryptoslate-wmarket-update\/\">wMarket report<\/a>the cryptocurrency market saw net outflows of $17 billion and currently stands at $1.13 trillion \u2014 down 1.54%.<\/p>\n<p>The market capitalizations of Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.cryptoslate.com\/coins\/bitcoin\">BTC<\/a>) and Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/www.cryptoslate.com\/coins\/ethereum\">eth<\/a>) plunged 1.74% and 1.99% to $518.99 billion and $224.63 billion, respectively.<\/p>\n<p>Over the last 24 hours, all top 10 cryptocurrencies by market capitalization recorded losses, except XRP, which gained 1.28%.<\/p>\n<p>Litecoin and BNB led the losers, shedding 3.65% and 2.2%, respectively.<\/p>\n<p><noscript><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter size-full wp-image-331157\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/wMarket-top10-landscape-6.jpg\" alt=\"\" width=\"1200\" height=\"750\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/wMarket-top10-landscape-6.jpg 1200w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/wMarket-top10-landscape-6-300x188.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/wMarket-top10-landscape-6-1024x640.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/wMarket-top10-landscape-6-768x480.jpg 768w\" data-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><\/p>\n<p>The market cap of Tether (USDT) remained flat at $83.16 billion, while that of USD Coin (USDC) and Binance USD (BUSD) fell to $28.89 billion and $5.28 billion, respectively.<\/p>\n<h2>Bitcoin<\/h2>\n<p>Bitcoin fell by 1.74%, trading at $26,744 as of 07:00 ET.  Its market dominance dropped to 45.8%.<\/p>\n<p>BTC mostly traded above $27,000 during the weekend, peaking at $27,740 on Sunday.  However, the flagship digital asset has trended down to $26,744 during the early trading hours of today.<\/p>\n<figure id=\"attachment_331156\" aria-describedby=\"caption-attachment-331156\" style=\"width: 1477px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-331156\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47.png\" alt=\"CryptoSlate wMarket update\" width=\"1477\" height=\"875\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47.png 1477w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47-768x455.png 768w\" sizes=\"auto, (max-width: 1477px) 100vw, 1477px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-331156\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47.png\" alt=\"CryptoSlate wMarket update\" width=\"1477\" height=\"875\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47.png 1477w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/BTCUSDT_2023-06-05_19-00-47-768x455.png 768w\" data-sizes=\"(max-width: 1477px) 100vw, 1477px\"\/><figcaption id=\"caption-attachment-331156\" class=\"wp-caption-text\">Source: Tradingview<\/figcaption><\/figure>\n<h2>Ethereum<\/h2>\n<p>Over the last 24 hours, Ethereum shed 1.99% to trade at $1,867 as of 07:00 ET.  Its market dominance rose to 19.8% from 19.7%.<\/p>\n<p>Over the weekend, ETH mirrored BTC&#8217;s price performance, peaking at $1915 on Sunday.  The asset fell to its current level during the early trading hours.<\/p>\n<figure id=\"attachment_331155\" aria-describedby=\"caption-attachment-331155\" style=\"width: 1477px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-331155\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40.png\" alt=\"CryptoSlate wMarket update\" width=\"1477\" height=\"875\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40.png 1477w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40-768x455.png 768w\" sizes=\"auto, (max-width: 1477px) 100vw, 1477px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-331155\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40.png\" alt=\"CryptoSlate wMarket update\" width=\"1477\" height=\"875\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40.png 1477w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/ETHUSDT_2023-06-05_19-00-40-768x455.png 768w\" data-sizes=\"(max-width: 1477px) 100vw, 1477px\"\/><figcaption id=\"caption-attachment-331155\" class=\"wp-caption-text\">Source: Tradingview<\/figcaption><\/figure>\n<h2>Top 5 Gainers<\/h2>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/flex\/\">Flex<\/a><\/h3>\n<p>FLEX is the day&#8217;s biggest gainer, growing 20.77% over the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">1.37866 <\/span><span class=\"holepunch holepunch-coin_price_usd\">as of press time.  The project has enjoyed some upside since OPNX launched a new 0X governance token.  Its market cap stood at $136.03 million.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/multichain\/\">multichain<\/a><\/h3>\n<p>MULTI soared 15.31% to $<span class=\"holepunch holepunch-coin_price_usd\">4.42277 <\/span>over the last 24 hours.  Some of the cross-chain bridge routers resumed operations after weeks of inaction.  I<span class=\"holepunch holepunch-coin_price_usd\">ts market cap stood at $64.31 million.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/tominet\/\">tomiNet<\/a><\/h3>\n<p>TOMI gained 12.68% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">5.41112 <\/span>at<span class=\"holepunch holepunch-coin_price_usd\"> the time of writing.  The token is up 71% over the past month.  Its market cap stood at $214.51 million.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/terra-classic\/\">Terra Classic<\/a><\/h3>\n<p>LUNC rose 8.04% over the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">0.00010 <\/span>as of press time.  The project&#8217;s community is about to begin voting on the v2.1.0 upgrade proposal.  It has a market cap of $568.02 million.<\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/the-sandbox\/\">The Sandbox<\/a><\/h3>\n<p>SAND rose 5.55% to $<span class=\"holepunch holepunch-coin_price_usd\">0.60763 <\/span>as of press time.  News of the potential unveiling of Apple&#8217;s extended reality (XR) headset has pushed several metaverse tokens higher.  Its market cap stood at $1.13 billion.<\/p>\n<h2>Top 5 Losers<\/h2>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/core\/\">core <\/a><\/h3>\n<p>CORE is the day&#8217;s biggest loser, falling 15.19% to $<span class=\"holepunch holepunch-coin_price_usd\">1.11843 <\/span>at the time of press.  Despite today&#8217;s drawdown, the token is up 28% over the past week.  Its market cap stood at $139.37 million.<\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/alibabacoin\/\">ABCCoin<\/a><\/h3>\n<p>ABBC fell 9.77% to $<span class=\"holepunch holepunch-coin_price_usd\">0.18803 <\/span><span class=\"holepunch holepunch-coin_price_usd\">over the reporting period.  The project recently warned its community members to be wary of scammers posing as its Foundation&#8217;s members.  Its <\/span>The market cap stood at $267.32 million.<\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/pepe\/\">pepe<\/a><\/h3>\n<p>PEPE lost 8.2% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">0.000001169<\/span><span class=\"holepunch holepunch-coin_price_usd\">,  The high-flying meme coin is 62% below its all-time high of $0.000004354.  I<\/span><span class=\"holepunch holepunch-coin_price_usd\">ts <\/span><span class=\"holepunch holepunch-coin_price_usd\">The market cap stood at $462.18 million.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/just\/\">just<\/a><\/h3>\n<p>JST sank 7.98% to $<span class=\"holepunch holepunch-coin_price_usd\">0.02421 <\/span><span class=\"holepunch holepunch-coin_price_usd\">as <\/span><span class=\"holepunch holepunch-coin_price_usd\">To install press time.  According to its foundation, the Tron-based DeFi project recorded <\/span><span class=\"holepunch holepunch-coin_price_usd\">increased transactions over the last seven days.  Its m<\/span><span class=\"holepunch holepunch-coin_price_usd\">The market cap stood at $215.49 million.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/ocean-protocol\/\">Ocean Protocol<\/a><\/h3>\n<p>OCEAN fell 7.53% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">0.38543 <\/span><span class=\"holepunch holepunch-coin_price_usd\">at the time of writing.  The filesharing token has been up 10% over the last seven days.  I<\/span>ts market cap stood at $236.3 million.<\/p>\n<div class=\"posted-in\">Posted In: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/news\/bitcoin\/\">Bitcoin<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/wrapped\/\">Wrapped<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Since last Friday&#8217;s wMarket reportthe cryptocurrency market saw net outflows of $17 billion and currently stands at $1.13 trillion \u2014 down 1.54%. The market capitalizations of Bitcoin (BTC) and Ethereum (eth) plunged 1.74% and 1.99% to $518.99 billion and $224.63 billion, respectively. Over the last 24 hours, all top 10 cryptocurrencies by market capitalization recorded [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":104423,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-104422","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/104422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=104422"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/104422\/revisions"}],"predecessor-version":[{"id":104424,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/104422\/revisions\/104424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/104423"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=104422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=104422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=104422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}