Key highlights:
- The total cryptocurrency market cap increased from $ 1.19T to $ 1.19T in the past 24 hours, representing a 0.44% change
- The Bitcoin price at press time is $ 30,237 after growing by 0.10% in the last 24 hours
- The total crypto trading volume increased by 0.44% in the past 24 hours, and is currently at $ 357.65B
- All prices and changes are presented at the time of publication: July 8, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.19T after a 0.44% increase on the day. The total crypto trading volume increased by 0.44% in the same time frame.
Bitcoin is trading at $ 30,237 after seeing a 0.10% gain in the last 24 hours. The Bitcoin dominance fell by -0.06% and BTC currently represents 49.30% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 587.08B after gaining 0.10% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.70% and reach $ 31,054 by July 13, 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 $ 1,862.76 and has a market capitalization of $ 224.33B. ETH increased by 0.21% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
There were also some changes today in the ranking among the top 10 biggest coins by market cap.
- Polygon, which was previously ranked 11, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 77% of coins lost value in the last 24 hours.
Today’s Top Gainers are Bone ShibaSwap, Ocean Protocol, and Kaspa
Thanks to a 21.39% price increase, Bone ShibaSwap was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ocean Protocol came in second place, with 24-hour gains of 14.95%. Kaspa, Ordinals and Avalanche complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Big Panda, Zcash, and Storj
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Big Panda, which saw a loss of -22.50%. Zcash also didn’t perform well, as its price declined by -6.37% in the last 24 hours. Storj, BitDAO and Beldex round out today’s top 5 worst performers.
MAX.REVO reached new All-Time High after gaining +-1.26% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
Congratulations to the HODLers!
Coin of the Day is Bone ShibaSwap
Thanks to its impressive 21.39% performance, Bone ShibaSwap is today’s coin of the day! Bone ShibaSwap is currently trading at $ 1.35. Learn more about Bone ShibaSwap and its position in the market on our Bone ShibaSwap price prediction page.
Our technical indicators show that the current Bone ShibaSwap sentiment is Bullish.
Buy/Sell Bone ShibaSwap
Source: https://coincodex.com/article/29722/daily-market-update-for-july-08-2023/