Key highlights:
- The total cryptocurrency market cap increased from $ 1.17T to $ 1.18T in the past 24 hours, representing a 0.77% change
- The Bitcoin price at press time is $ 29,095 after falling by 0.00% in the last 24 hours
- The total crypto trading volume increased by 0.77% in the past 24 hours, and is currently at $ 158.32B
- All prices and changes are presented at the time of publication: August 6, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.18T after a 0.77% increase on the day. The total crypto trading volume increased by 0.77% in the same time frame.
Bitcoin is trading at $ 29,095 after seeing a 0.00% loss in the last 24 hours. The Bitcoin dominance fell by -0.34% and BTC currently represents 47.88% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 565.68B after losing 0.00% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.01% and reach $ 29,091 by August 11, 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 $ 1,873.61 and has a market capitalization of $ 225.64B. ETH increased by 2.14% 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 Biconomy, GALA, and Illuvium
Thanks to a 16.46% price increase, Biconomy was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. GALA came in second place, with 24-hour gains of 13.33%. Illuvium, Rollbit Coin and Magic complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Siacoin, MobileCoin, and DeFiChain
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Siacoin, which saw a loss of -10.59%. MobileCoin also didn’t perform well, as its price declined by -1.91% in the last 24 hours. DeFiChain, Maker and Bone ShibaSwap round out today’s top 5 worst performers.
Coin of the Day is FLEX Coin
Thanks to its impressive 14.25% performance, FLEX Coin is today’s coin of the day! FLEX Coin is currently trading at $ 7.42. Learn more about FLEX Coin and its position in the market on our FLEX Coin price prediction page.
Our technical indicators show that the current FLEX Coin sentiment is Bullish.
Buy/Sell FLEX Coin
Source: https://coincodex.com/article/30993/daily-market-update-for-august-06-2023/