Key highlights:
- The total cryptocurrency market cap increased from $ 1.19T to $ 1.19T in the past 24 hours, representing a 0.00% change
- The Bitcoin price at press time is $ 29,409 after falling by -0.18% in the last 24 hours
- The total crypto trading volume increased by 0.00% in the past 24 hours, and is currently at $ 115.03B
- All prices and changes are presented at the time of publication: August 12, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.19T after a 0.00% increase on the day. The total crypto trading volume increased by 0.00% in the same time frame.
Bitcoin is trading at $ 29,409 after seeing a -0.18% loss in the last 24 hours. The Bitcoin dominance fell by -0.05% and BTC currently represents 48.19% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 571.79B after losing -0.18% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 4.67% and reach $ 30,781 by August 17, 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 $ 1,848.68 and has a market capitalization of $ 222.63B. ETH decreased by -0.05% 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.
- Shiba Inu, which was previously ranked 10, is ranked at 9.
- Litecoin, which was previously ranked 9, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 83% of coins lost value in the last 24 hours.
Today’s Top Gainers are Akash Network, Shiba Inu, and Illuvium
Thanks to a 13.74% price increase, Akash Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Shiba Inu came in second place, with 24-hour gains of 9.39%. Illuvium, Kaspa and Bitcoin Gold complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Aragon, Rollbit Coin, and Rocket Pool
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Aragon, which saw a loss of -10.01%. Rollbit Coin also didn’t perform well, as its price declined by -8.69% in the last 24 hours. Rocket Pool, Flare and XinFin Network round out today’s top 5 worst performers.
FINSCHIA reached new All-Time High after gaining +0.32% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
Congratulations to the HODLers!
Coin of the Day is Shiba Inu
Thanks to its impressive 9.39% performance, Shiba Inu is today’s coin of the day! Shiba Inu is currently trading at $ 0.000011. 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 Bullish.
Buy/Sell Shiba Inu
Source: https://coincodex.com/article/31180/daily-market-update-for-august-12-2023/