Key highlights:
- The total cryptocurrency market cap increased from $ 1.06T to $ 1.06T in the past 24 hours, representing a 0.25% change
- The Bitcoin price at press time is $ 25,941 after growing by 0.16% in the last 24 hours
- The total crypto trading volume increased by 0.25% in the past 24 hours, and is currently at $ 98.14B
- All prices and changes are presented at the time of publication: September 4, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.06T after a 0.25% increase on the day. The total crypto trading volume increased by 0.25% in the same time frame.
Bitcoin is trading at $ 25,941 after seeing a 0.16% gain in the last 24 hours. The Bitcoin dominance fell by -0.08% and BTC currently represents 47.72% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 505.23B after gaining 0.16% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.59% and reach $ 25,528 by September 9, 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 $ 1,641.37 and has a market capitalization of $ 197.32B. ETH decreased by -0.02% 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 85% of coins lost value in the last 24 hours.
Today’s Top Gainers are Livepeer, Rocket Pool, and DeFiChain
Thanks to a 14.00% price increase, Livepeer was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Rocket Pool came in second place, with 24-hour gains of 10.64%. DeFiChain, Stellar and Synthetix complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are tomiNet, GALA, and THORChain
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was tomiNet, which saw a loss of -16.66%. GALA also didn’t perform well, as its price declined by -9.15% in the last 24 hours. THORChain, Rollbit Coin and UNUS SED LEO round out today’s top 5 worst performers.
Coin of the Day is Rocket Pool
Thanks to its impressive 10.64% performance, Rocket Pool is today’s coin of the day! Rocket Pool is currently trading at $ 24.66. Learn more about Rocket Pool and its position in the market on our Rocket Pool price prediction page.
Our technical indicators show that the current Rocket Pool sentiment is Neutral.
Buy/Sell Rocket Pool
Source: https://coincodex.com/article/31882/daily-market-update-for-september-04-2023/