XEC up +10.45%, BTC -1.22%, eCash is The Coin of The Day – Daily Market Update for Jul 07, 2023 | CoinCodex

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.21T to $ 1.19T in the past 24 hours, representing a -2.04% change
• The Bitcoin price at press time is $ 30,208 after falling by -1.22% in the last 24 hours
• The total crypto trading volume decreased by -2.04% in the past 24 hours, and is currently at $ 270.31B
• All prices and changes are presented at the time of publication: July 7, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.19T after a -2.04% decrease on the day. The total crypto trading volume declined by -2.04% in the same time frame.

Bitcoin is trading at $ 30,208 after seeing a -1.22% loss in the last 24 hours. The Bitcoin dominance grew by 0.30% and BTC currently represents 49.42% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 586.52B after losing -1.22% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.91% and reach $ 30,787 by July 12, 2023. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,858.30 and has a market capitalization of $ 223.79B. ETH decreased by -3.28% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

• TRON, which was previously ranked 9, is ranked at 8.
• Litecoin, which was previously ranked 8, is ranked at 9.

Bears Dominate the Market Today

The bears dominated the market today as 88% of coins lost value in the last 24 hours.

Today’s Top Gainers are eCash, Pendle, and Bone ShibaSwap

Thanks to a 10.45% price increase, eCash was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Pendle came in second place, with 24-hour gains of 7.09%. Bone ShibaSwap, Verge and LUKSO complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Fantom, Lido DAO Token, and ApeCoin

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Fantom, which saw a loss of -10.73%. Lido DAO Token also didn’t perform well, as its price declined by -9.13% in the last 24 hours. ApeCoin, WOO Network and Mina Protocol round out today’s top 5 worst performers.

Coin of the Day is eCash

Thanks to its impressive 10.45% performance, eCash is today’s coin of the day! eCash is currently trading at $ 0.000037. Learn more about eCash and its position in the market on our eCash price prediction page.

Our technical indicators show that the current eCash sentiment is Bullish.

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