Key highlights:
- The total cryptocurrency market cap increased from $ 1.15T to $ 1.17T in the past 24 hours, representing a 2.03% change
- The Bitcoin price at press time is $ 27,993 after growing by 3.05% in the last 24 hours
- The total crypto trading volume increased by 2.03% in the past 24 hours, and is currently at $ 166.28B
- All prices and changes are presented at the time of publication: May 29, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.17T after a 2.03% increase on the day. The total crypto trading volume increased by 2.03% in the same time frame.
Bitcoin is trading at $ 27,993 after seeing a 3.05% gain in the last 24 hours. The Bitcoin dominance grew by 0.38% and BTC currently represents 46.31% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 542.60B after gaining 3.05% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.96% and reach $ 28,263 by June 3, 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 $ 1,901.20 and has a market capitalization of $ 228.96B. ETH increased by 2.93% 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 75% of coins lost value in the last 24 hours.
Today’s Top Gainers are TomoChain, Open Campus, and Ordinals
Thanks to a 35.73% price increase, TomoChain was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Open Campus came in second place, with 24-hour gains of 17.49%. Ordinals, Mask Network and Magic complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are EOS, SingularityNET, and Ocean Protocol
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was EOS, which saw a loss of -2.69%. SingularityNET also didn’t perform well, as its price declined by -2.20% in the last 24 hours. Ocean Protocol, Toncoin and Render Token round out today’s top 5 worst performers.
Coin of the Day is Krypton DAO
Thanks to its impressive 14.87% performance, Krypton DAO is today’s coin of the day! Krypton DAO is currently trading at $ 3.44. Learn more about Krypton DAO and its position in the market on our Krypton DAO price prediction page.
Our technical indicators show that the current Krypton DAO sentiment is Bullish.
Buy/Sell Krypton DAO
Source: https://coincodex.com/article/27766/daily-market-update-for-may-29-2023/