The current total market value is $1,129 trillion. Bitcoin's market capitalization fell 2.17 percent to $517.23 billion, while Ethereum's fell 2.16 percent to $218.04 billion.

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The foremost ten cryptocurrencies are all in the red, with Litecoin (6.65%) and Solana (5.5%) experiencing the greatest losses. LTC is valued at $85.95, while SOL is worth $19.08.

Stablecoins Exchange

The market valuations of USDC and BUSD continued to decline today, falling to $29.26 billion and $5.41 billion, respectively, after net outflows of $124.47 million and $257.03 million. The market capitalization of USDT has increased to $83.04 billion due to net inflows of roughly $290 million. It is close to surpassing the record high of $83.25 billion set in May of last year.

Bitcoin

Bitcoin traded below $27,000 on Wednesday evening following losses of 3.31 percent. The current price of $26,119 indicates that the $26,450 support level has been breached, and bears are now in control. BTC's market dominance stands at 46.36%.

Ethereum

As of this writing, ETH is trading for $1,789, a decrease of 3.17 percent. The price of the token is presently below the support level of $1,804, indicating that bears are in control. The market share of Ethereum is 19.56 percent.

The most recent on-chain data reveals that the amount of ETH held in centralized crypto exchanges has dropped to a five-year low, primarily because holders prefer self-custody.

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Five Top Gainers

1. FastasyGold: After a 24 hour gain of 94%, FGC becomes the leading gainer. In addition to today's price increase, this token performed exceptionally well last week, with a 101% price increase. FGC is priced at $1.351 and has a market cap of $188.73 million.

2. ARPA Chain:ARPA Chain is currently valued at $0.092 with a market capitalization of $115.56 million after increasing 39.19%. It has increased 143% in the past thirty days.

3. Nervos Network: CKB is priced at $0.0036 after gaining 8.56 percent. Its market capitalization has grown to $146.83 million.

4. WAVES: The token is being exchanged for $2.005 after appreciating 8.11 percent in value. WAVES was also included on Tuesday's list of leading gainers. It has a market valuation of $223.54 million.

5. tomiNet:TOMI has risen 19.4% in the last thirty days, according to tomiNet. Today, it has increased by 7.53 percent to trade at $3.915, as of the time of writing. TOMI's market valuation is $155.19 million.

Five worst losers

1. HEX: Since the beginning of the week, HEX has been highlighted as a leading loser. Uncertain are the causes for the sell-off. As of Wednesday evening, the token trades at $0.0205, a decrease of 21.45%. It is valued at $3.57 billion.

2. LYxe: LUKSO is now valued at $10,654 after a 12.23% decline. Its current market value is $116,07 million.

3. Kaspa: Similar to HEX, KAS has appeared on the list of the leading losers since Monday. It has decreased by 9.64% over the past twenty-four hours to trade at $0.0142. It has a market valuation of $233.71 million.

4. FTX Token: FTT registered gains on Tuesday following the spread of rumors that the defunct cryptocurrency exchange FTX was considering reopening. However, the token fell 8.96% today, wiping out all gains. It trades at $1.007 per share and has a market cap of $331.24 million.

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5. SUI: This cryptocurrency has fallen below $1 for the first time after a 24-hour decline of 8.43%. With a market capitalization of $115.26 million, SUI trades at $0.984 per share.