WAVES up +7.98%, BTC +0.07%, Shiba Inu is The Coin of The Day – Daily Market Update for Jul 09, 2023 | CoinCodex

WAVES up +7.98%, BTC +0.07%, Shiba Inu is The Coin of The Day - Daily Market Update for Jul 09, 2023

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.19T to $ 1.19T in the past 24 hours, representing a 0.43% change
  • The Bitcoin price at press time is $ 30,262 after growing by 0.07% in the last 24 hours
  • The total crypto trading volume increased by 0.43% in the past 24 hours, and is currently at $ 185.70B
  • All prices and changes are presented at the time of publication: July 9, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.19T after a 0.43% increase on the day. The total crypto trading volume increased by 0.43% in the same time frame.

Bitcoin is trading at $ 30,262 after seeing a 0.07% gain in the last 24 hours. The Bitcoin dominance fell by -0.08% and BTC currently represents 49.23% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 587.56B after gaining 0.07% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.93% and reach $ 32,055 by July 14, 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 $ 1,867.87 and has a market capitalization of $ 224.95B. ETH increased by 0.06% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 78% of coins lost value in the last 24 hours.

Today’s Top Gainers are Waves, Chia, and Baby Doge Coin

Thanks to a 7.98% price increase, Waves was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Chia came in second place, with 24-hour gains of 4.57%. Baby Doge Coin, SafePal and Kaspa complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Beldex, eCash, and Compound

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Beldex, which saw a loss of -10.22%. eCash also didn’t perform well, as its price declined by -7.86% in the last 24 hours. Compound, Maker and Illuvium round out today’s top 5 worst performers.

Coin of the Day is Shiba Inu

Thanks to its impressive 5.57% performance, Shiba Inu is today’s coin of the day! Shiba Inu is currently trading at $ 0.000008. Learn more about Shiba Inu and its position in the market on our Shiba Inu price prediction page.

Our technical indicators show that the current Shiba Inu sentiment is Neutral.

Buy/Sell Shiba Inu

Source: https://coincodex.com/article/29764/daily-market-update-for-july-09-2023/