LOOM up +20.77%, BTC +0.80%, Frax Share is The Coin of The Day – Daily Market Update for Sep 26, 2023 | CoinCodex

LOOM up +20.77%, BTC +0.80%, Frax Share is The Coin of The Day - Daily Market Update for Sep 26, 2023

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.05T to $ 1.06T in the past 24 hours, representing a 0.68% change
  • The Bitcoin price at press time is $ 26,321 after growing by 0.80% in the last 24 hours
  • The total crypto trading volume increased by 0.68% in the past 24 hours, and is currently at $ 106.39B
  • All prices and changes are presented at the time of publication: September 26, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.06T after a 0.68% increase on the day. The total crypto trading volume increased by 0.68% in the same time frame.

Bitcoin is trading at $ 26,321 after seeing a 0.80% gain in the last 24 hours. The Bitcoin dominance fell by -0.02% and BTC currently represents 48.38% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 513.15B after gaining 0.80% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.69% and reach $ 26,503 by October 1, 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 $ 1,598.97 and has a market capitalization of $ 192.24B. ETH increased by 1.08% 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 80% of coins lost value in the last 24 hours.

Today’s Top Gainers are Loom Network, Storj, and Worldcoin

Thanks to a 20.77% price increase, Loom Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Storj came in second place, with 24-hour gains of 15.96%. Worldcoin, tomiNet and Bone ShibaSwap complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are WEMIX Token, Rollbit Coin, and Aleph Zero

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was WEMIX Token, which saw a loss of -16.97%. Rollbit Coin also didn’t perform well, as its price declined by -6.26% in the last 24 hours. Aleph Zero, Compound and Akash Network round out today’s top 5 worst performers.

Coin of the Day is Frax Share

Thanks to its impressive 5.01% performance, Frax Share is today’s coin of the day! Frax Share is currently trading at $ 5.77. Learn more about Frax Share and its position in the market on our Frax Share price prediction page.

Our technical indicators show that the current Frax Share sentiment is Neutral.

Buy/Sell Frax Share

Source: https://coincodex.com/article/32689/daily-market-update-for-september-26-2023/