BTT up +42.18%, BTC +3.54%, BitTorrent is The Coin of The Day – Daily Market Update for Feb 08, 2024 | CoinCodex

Key highlights:

• The total cryptocurrency market cap increased from $ 1.66T to $ 1.72T in the past 24 hours, representing a 3.12% change
• The Bitcoin price at press time is $ 44,553 after growing by 3.54% in the last 24 hours
• The total crypto trading volume increased by 3.12% in the past 24 hours, and is currently at $ 170.55B
• All prices and changes are presented at the time of publication: February 8, 2024, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.72T after a 3.12% increase on the day. The total crypto trading volume increased by 3.12% in the same time frame.

Bitcoin is trading at $ 44,553 after seeing a 3.54% gain in the last 24 hours. The Bitcoin dominance grew by 0.27% and BTC currently represents 50.97% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 874.20B after gaining 3.54% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 11.64% and reach $ 49,739 by February 13, 2024. 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 $ 2,431.72 and has a market capitalization of $ 292.24B. ETH increased by 2.47% 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 76% of coins lost value in the last 24 hours.

Today’s Top Gainers are BitTorrent, Dogwifhat, and Kaspa

Thanks to a 42.18% price increase, BitTorrent was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Dogwifhat came in second place, with 24-hour gains of 25.70%. Kaspa, Celestia and Ordinals complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Bittensor, Chromia, and Huobi Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Bittensor, which saw a loss of -14.18%. Chromia also didn’t perform well, as its price declined by -7.65% in the last 24 hours. Huobi Token, Pendle and WEMIX Token round out today’s top 5 worst performers.

Coin of the Day is BitTorrent

Thanks to its impressive 42.18% performance, BitTorrent is today’s coin of the day! BitTorrent is currently trading at $ 0.000001. Learn more about BitTorrent and its position in the market on our BitTorrent price prediction page.

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

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