The cryptocurrency market experienced net outflows of $20 billion in the past 24 hours, resulting in a current market cap of $1.12 trillion, down 1.98% from $1.14 trillion. Bitcoin and Ethereum both saw their market caps fall by 2.11% and 2.15%, respectively, and all top ten crypto assets experienced losses.

Tether's market cap increased to $83.03 billion, while USD Coin and Binance USD both fell. Bitcoin and Ethereum both experienced drops in price, with BTC losing the $27,000 level and ETH mirroring BTC's performance. The day's biggest gainer was FantasyGold, while HEX was the biggest loser for the third consecutive day.