{"id":96032,"date":"2023-05-18T13:48:24","date_gmt":"2023-05-18T13:48:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/index.php\/2023\/05\/18\/xrp-leads-large-caps-as-market-recovers-recent-losses-crypto-news\/"},"modified":"2023-05-18T13:48:26","modified_gmt":"2023-05-18T13:48:26","slug":"xrp-leads-large-caps-as-market-recovers-recent-losses-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xrp-leads-large-caps-as-market-recovers-recent-losses-crypto-news\/","title":{"rendered":"XRP leads large caps as market recovers recent losses\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<p>The cryptocurrency market saw net inflows of $17.1 billion over the last 24 hours and currently stands at $1.14 trillion \u2014 up 1.5% from $1.12 trillion.<\/p>\n<p>During the reporting period, the 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>) market caps grew 1.8% and 1.2% to $529.94 billion and $219.63 billion, respectively.<\/p>\n<p>The top 10 crypto assets recorded gains over the last 24 hours.  XRP leads the pack, up 3.7%, due to positive developments in the SEC lawsuit and acquisition of custody firm Metaco.  Litecoin posted the most minor gains, up 0.5%.<\/p>\n<figure id=\"attachment_326277\" aria-describedby=\"caption-attachment-326277\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-326277 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/wMarket-top10-landscape-7-1024x640.jpg\" alt=\"Top 10 cryptocurrencies\" width=\"1024\" height=\"640\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/wMarket-top10-landscape-7-1024x640.jpg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/wMarket-top10-landscape-7-300x188.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/wMarket-top10-landscape-7-768x480.jpg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/wMarket-top10-landscape-7.jpg 1200w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><figcaption id=\"caption-attachment-326277\" class=\"wp-caption-text\">Source: CryptoSlate.com<\/figcaption><\/figure>\n<p>The market cap of Tether (USDT) grew to $82.85 billion.  In contrast, USD Coin (USDC) and Binance USD (BUSD) fell to $29.49 billion, and $5.54 billion, respectively.<\/p>\n<h2>Bitcoin<\/h2>\n<p>In the last 24 hours, Bitcoin grew 1.8% to trade at $27,350 as of 07:00 ET.  Its market dominance increased to 46.5% from 46.4%.<\/p>\n<p>During the reporting period, BTC increased to top out at $27,500.  Bitcoin bulls retained most of the gains, defending $27,160 to set off another uptrend in the early hours (ET).<\/p>\n<figure id=\"attachment_326282\" aria-describedby=\"caption-attachment-326282\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-326282 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-1024x607.png\" alt=\"bitcoin chart\" width=\"1024\" height=\"607\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-768x455.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17.png 1477w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-326282 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-1024x607.png\" alt=\"bitcoin chart\" width=\"1024\" height=\"607\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17-768x455.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/BTCUSDT_2023-05-18_19-00-17.png 1477w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><figcaption id=\"caption-attachment-326282\" class=\"wp-caption-text\">Source: TradingView.com<\/figcaption><\/figure>\n<h2>Ethereum<\/h2>\n<p>In the last 24 hours, Ethereum increased by 1.2% to trade at $1,826 as of 07:00 ET.  Its market dominance stayed flat at 19.3%.<\/p>\n<p>Over the reporting period, ETH price action followed a similar pattern to Bitcoin, peaking at $1,835 by early evening Wednesday.  A slight dip bounced at $1,815, triggering a move higher that met resistance at $1,832.<\/p>\n<figure id=\"attachment_326287\" aria-describedby=\"caption-attachment-326287\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-326287 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-1024x607.png\" alt=\"Ethereum chart\" width=\"1024\" height=\"607\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-768x455.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26.png 1477w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-326287 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-1024x607.png\" alt=\"Ethereum chart\" width=\"1024\" height=\"607\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-1024x607.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-300x178.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26-768x455.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/ETHUSDT_2023-05-18_19-00-26.png 1477w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><figcaption id=\"caption-attachment-326287\" class=\"wp-caption-text\">Source: TradingView.com<\/figcaption><\/figure>\n<h2>Top 5 Gainers<\/h2>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/rendertoken\/\">RenderToken<\/a><\/h3>\n<p>RNDR is the day&#8217;s biggest gainer, growing 17.5% over the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">2.34706<\/span> <span class=\"holepunch holepunch-coin_price_usd\">as of press time.  Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">854.12<\/span> millions.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/cocos-bcx\/\">Cocos-BCX<\/a><\/h3>\n<p>COCOS grew 16.8% over the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">1.63858<\/span> as of press time.  Binance will support the upcoming token swap and rebrand to COMBO.  Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">116.42<\/span> millions.<\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/tomochain\/\">TomoChain<\/a><\/h3>\n<p>TOMO rose 16.5% to $<span class=\"holepunch holepunch-coin_price_usd\">1.04347<\/span> as of press time.  The project will attend Web3 Berlin on June 10-11.  Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">105.35<\/span> millions.<\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/cartesi\/\">Cartesi<\/a><\/h3>\n<p>CTSI jumps 16.2% to $<span class=\"holepunch holepunch-coin_price_usd\">0.19932<\/span> over the last 24 hours<span class=\"holepunch holepunch-coin_price_usd\">,  Cartesi hosted a panel discussion with other Ethereum ecosystem projects on May 17. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">144.18<\/span> millions.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/ssv-network\/\">ssv.network<\/a><\/h3>\n<p>SSV gained 11.9% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">23.8130<\/span> at<span class=\"holepunch holepunch-coin_price_usd\"> the time of writing.  The project announced partnering with Unamano for ETH staking applications.  Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">238.13<\/span> millions.<\/span><\/p>\n<h2>Top 5 Losers<\/h2>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/axie-infinity\/\">Axie Infinity<\/a><\/h3>\n<p>AXS is the day&#8217;s biggest loser, falling 6.1% to $<span class=\"holepunch holepunch-coin_price_usd\">7.21966<\/span> at the time of press.  Axie Infinity was a top gainer yesterday after the game was listed on the Apple App Store.  Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">844.39<\/span> millions.<\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/axelar\/\">Axelaar<\/a><\/h3>\n<p>AXL dropped 5% to trade at <span class=\"tw-text-gray-900 dark:tw-text-white tw-text-3xl\"><span class=\"no-wrap\" data-price-btc=\"6.255440179158485e-11\" data-coin-id=\"29850\" data-coin-symbol=\"pepe\" data-target=\"price.price\" data-price-previous=\"0.000001713997552628024\">,<span class=\"holepunch holepunch-coin_price_usd\">0.49379. <\/span><\/span><\/span><span class=\"holepunch holepunch-coin_price_usd\">Axelar co-founder <span class=\"css-901oao css-16my406 r-1awozwy r-1nao33i r-6koalj r-37j5jr r-1inkyih r-b88u0q r-rjixqe r-bcqeeo r-1udh08x r-1ddef8g r-3s2u2q r-qvutc0\" dir=\"ltr\"><span class=\"css-901oao css-16my406 css-1hf3ou5 r-poiln3 r-bcqeeo r-qvutc0\"><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">Sergey Gorbunov<\/span><\/span><\/span>  appeared on the Bankless Podcast recently.  Its <\/span><span class=\"holepunch holepunch-coin_price_usd\">market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">129.48<\/span> millions.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/gala\/\">Gala<\/a><\/h3>\n<p>GALA sank 3.9% to $<span class=\"holepunch holepunch-coin_price_usd\">0.03268<\/span> <span class=\"holepunch holepunch-coin_price_usd\">as <\/span><span class=\"holepunch holepunch-coin_price_usd\">of press time<\/span><span class=\"tw-text-gray-900 dark:tw-text-white tw-text-3xl\"><span class=\"no-wrap\" data-price-btc=\"0.0000000000160760720046888\" data-coin-id=\"17388\" data-coin-symbol=\"brise\" data-target=\"price.price\" data-price-previous=\"4.395526198711534e-7\">,  The project recently migrated to a new contract address. <\/span><\/span><span class=\"holepunch holepunch-coin_price_usd\">Its m<\/span><span class=\"holepunch holepunch-coin_price_usd\">market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">228 <\/span>millions.<\/span><\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/bitgert\/\">Bitgert<\/a><\/h3>\n<p>BRISE lost 2.9% to $<span class=\"tw-text-gray-900 dark:tw-text-white tw-text-3xl\"><span class=\"no-wrap\" data-price-btc=\"0.0000000000127687991953779\" data-coin-id=\"17388\" data-coin-symbol=\"brise\" data-target=\"price.price\" data-price-previous=\"3.4944354881671826e-7\">0.000000349444<\/span><\/span> <span class=\"holepunch holepunch-coin_price_usd\">over the reporting period.  The project is set to release a Web3 real estate marketplace.  I<\/span>ts market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">139.44<\/span> millions.<\/p>\n<h3><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/toncoin\/\">toncoin<\/a><\/h3>\n<p>TON fell 1.8% to $<span class=\"holepunch holepunch-coin_price_usd\">1.95648<\/span> <span class=\"holepunch holepunch-coin_price_usd\">over the reporting period.  The Toncoin Hackathon will take place on May 27. It<\/span>s market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">2.39b<\/span>million.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market saw net inflows of $17.1 billion over the last 24 hours and currently stands at $1.14 trillion \u2014 up 1.5% from $1.12 trillion. During the reporting period, the Bitcoin (BTC) and Ethereum (ETH) market caps grew 1.8% and 1.2% to $529.94 billion and $219.63 billion, respectively. The top 10 crypto assets recorded [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":96033,"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-96032","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\/96032","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=96032"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/96032\/revisions"}],"predecessor-version":[{"id":96034,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/96032\/revisions\/96034"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/96033"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=96032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=96032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=96032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}