Bitcoin (BTC) slips 1.9% as total market cap falls to $2.82T

Broad Market

The total cryptocurrency market capitalization stood at $2,817,603,115,193, with 24-hour volume of $17,834,428,529 across 7,199 tracked coins. Bitcoin (BTC) dominance was 58.32%, and Ethereum (ETH) dominance was 10.47%. The market regime was classified as a bull market.

Major Coins

Bitcoin (BTC) traded at $81,790.22, down 1.9% over 24 hours and 1.81% over seven days, with a market cap of $1,643,312,495,360. Ethereum (ETH) changed hands at $2,416.68, down 3.68% on the day and 6.1% on the week, for a market cap of $294,971,079,967.20. XRP (XRP) fell 2.96% to $1.33, and Solana (SOL) dropped 2.69% to $104.15, extending its seven-day decline to 10%. BNB (BNB) was down 1.84% at $728.46. Among stablecoins, Tether (USDT) traded at $0.99871, down 0.03%, and USDC (USDC) was at $1.00, up 0.03%. TRON (TRX) was the lone gainer among the top eight by market cap, rising 1.43% to $0.3331.

Notable Movers

On the upside, apxUSD (APXUSD) gained 27.8% to $1.00, Bitway (BTW) rose 27.46% to $2.49, BlackRock USD Institutional Digital Liquidity Fund (BUIDL) added 15.21% to $0.003727, Pyth Network (PYTH) climbed 9.41% to $0.08542, and Magic Hash (MHA) advanced 6.98% to $0.00319. On the downside, Grass (GRASS) fell 13.64% to $0.6232, Optimism (OP) lost 12.13% to $0.1391, Raydium (RAY) declined 10.45% to $1.84, Canton (CC) dropped 9.32% to $0.11575, and Starknet (STRK) slid 9.06% to $0.0775.

Metals

Gold was quoted at $4,105.432584835365 per ounce, and silver at $55.64076806026571 per ounce.

Headlines

CryptoSlate reported that a surging dollar forced a Bitcoin sell-off as rate hike odds doubled. Decrypt reported that Russia's biggest bank, Sberbank, won approval to trade Bitcoin. Cointelegraph reported that the EU authority classified Circle's USDC as 'significant' under MiCA.