At the time of writing, Bitcoin is one of the best-performing assets in this ranking only surpassed by Binance Coin , according to data from Coingecko.
These losses seem small when compared to other cryptocurrencies in the top 100 by market cap.
While Bitcoin and larger cryptocurrencies have been showing a correlation with a 16% loss for April, Arcane Research’s small-cap index and mid-cap index are trending lower.
We now have three stablecoins among the top 10, and 4 among the top 11, illustrating the current flight to safety tendencies in the market.
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