Key highlights:
- The total cryptocurrency market cap decreased from $ 2.33T to $ 2.28T in the past 24 hours, representing a -2.17% change
- The Bitcoin price at press time is $ 61,319 after falling by -1.97% in the last 24 hours
- The total crypto trading volume decreased by -2.17% in the past 24 hours, and is currently at $ 481.20B
- All prices and changes are presented at the time of publication: March 1, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 2.28T after a -2.17% decrease on the day. The total crypto trading volume declined by -2.17% in the same time frame.
Bitcoin is trading at $ 61,319 after seeing a -1.97% loss in the last 24 hours. The Bitcoin dominance fell by -0.03% and BTC currently represents 52.74% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 1.20T after losing -1.97% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.35% and reach $ 61,107 by March 6, 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 $ 3,376.69 and has a market capitalization of $ 405.68B. ETH decreased by -2.69% 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 86% of coins lost value in the last 24 hours.
Today’s Top Gainers are Arkham, Fetch.ai, and Ondo Finance
Thanks to a 23.32% price increase, Arkham was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Fetch.ai came in second place, with 24-hour gains of 21.46%. Ondo Finance, Celo and SingularityNET complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Portal Coin, Pepe Coin, and Neutron
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Portal Coin, which saw a loss of -25.13%. Pepe Coin also didn’t perform well, as its price declined by -12.64% in the last 24 hours. Neutron, Mantle and SSV Network round out today’s top 5 worst performers.
Bittensor reached new All-Time High after gaining +67.19% in the last month, 4 other cryptocurrencies reached a new ATH in the last 24 hours
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
Today 5 cryptocurrencies reached a new ATH. Amongst the top gainers was Bittensor that reached a new ATH after gaining +13.63% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are FET, WIF, PRIME, and 1 more.
Congratulations to the HODLers!
Coin of the Day is Fetch.ai
Thanks to its impressive 21.46% performance, Fetch.ai is today’s coin of the day! Fetch.ai is currently trading at $ 1.59. Learn more about Fetch.ai and its position in the market on our Fetch.ai price prediction page.
Our technical indicators show that the current Fetch.ai sentiment is Bullish.
Buy/Sell Fetch.ai
Source: https://coincodex.com/article/38386/daily-market-update-for-march-01-2024/