{"id":173067,"date":"2023-03-27T15:26:45","date_gmt":"2023-03-27T15:26:45","guid":{"rendered":"https:\/\/precoinnews.com\/?p=173067"},"modified":"2023-03-27T15:26:45","modified_gmt":"2023-03-27T15:26:45","slug":"cryptos-decline-despite-easing-in-banking-crisis-sentiment","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/cryptos-decline-despite-easing-in-banking-crisis-sentiment\/","title":{"rendered":"Cryptos Decline Despite Easing In Banking Crisis Sentiment"},"content":{"rendered":"
Crypto markets<\/span> declined in the past 24 hours even as Wall Street strengthened in response to an easing in the banking crisis. Overall crypto market capitalization dropped 1.3 percent overnight to touch $1.16 trillion.<\/p>\n Bitcoin has decreased 1.9 percent overnight and 1.8 percent in the past week but is holding on to gains of 66 percent in 2023. It is currently trading at $27,535.40. BTC has touched a high of $28,138.29 in the past 24 hours. <\/p>\n Ethereum has however dropped 2.3 percent overnight and 1.2 percent in the past week to trade at $1,748.37. It is however holding on to gains of 46.3 percent in 2023. ETH touched a 24-hour high of $1,782.19.<\/p>\n Bitcoin commands a market dominance of 46.3 percent whereas Ethereum enjoys a crypto market share of 18.6- percent. Stablecoins have fallen to 11.6 percent of the crypto market whereas the residual altcoins command 23.5 percent of the overall crypto market.<\/p>\n 6th ranked XRP (XRP) tops the gainers list among the top 100 cryptos with a more than 6-percent uptick. The cryptocurrency has gained 27 percent in the past week and 42 percent in 2023.<\/p>\n 84th ranked SingularityNET (AGIX) dropped 8 percent overnight to top the laggards list among the top 100 cryptocurrencies.<\/p>\n Meanwhile, the CoinShares’ Digital Asset Fund Flows Weekly report on institutional investments showed an inflow of $160 million for the week ended March 24. Bitcoin products recorded inflows of $128 million whereas short bitcoin products registered inflows of $31 million. <\/p>\n The country-wise analysis shows inflows of $69 million in United States, $58 million in Germany, $26 million in Canada and $17 million in Switzerland. Cumulative AUM stood at $34.2 billion.<\/p>\n For More Cryptocurrency News, visit rttnews.com <\/p>\n