Key highlights:
- The total cryptocurrency market cap increased from $ 1.11T to $ 1.11T in the past 24 hours, representing a 0.29% change
- The Bitcoin price at press time is $ 26,836 after growing by 0.36% in the last 24 hours
- The total crypto trading volume increased by 0.29% in the past 24 hours, and is currently at $ 107.80B
- All prices and changes are presented at the time of publication: May 14, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.11T after a 0.29% increase on the day. The total crypto trading volume increased by 0.29% in the same time frame.
Bitcoin is trading at $ 26,836 after seeing a 0.36% gain in the last 24 hours. The Bitcoin dominance grew by 0.03% and BTC currently represents 46.61% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 519.66B after gaining 0.36% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 6.15% and reach $ 28,486 by May 19, 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 $ 1,805.65 and has a market capitalization of $ 217.45B. ETH increased by 0.50% 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 77% of coins lost value in the last 24 hours.
Today’s Top Gainers are Bitgert, PepeCoin, and Rocket Pool
Thanks to a 22.98% price increase, Bitgert was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. PepeCoin came in second place, with 24-hour gains of 17.69%. Rocket Pool, Bitcoin SV and Convex Finance complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are tomiNet, Open Campus, and Helium
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was tomiNet, which saw a loss of -13.52%. Open Campus also didn’t perform well, as its price declined by -5.61% in the last 24 hours. Helium, DAO Maker and Nexo round out today’s top 5 worst performers.
Coin of the Day is PepeCoin
Thanks to its impressive 17.69% performance, PepeCoin is today’s coin of the day! PepeCoin is currently trading at $ 0.000002. Learn more about PepeCoin and its position in the market on our PepeCoin price prediction page.
Our technical indicators show that the current PepeCoin sentiment is Bullish.
Buy/Sell PepeCoin
Source: https://coincodex.com/article/27057/daily-market-update-for-may-14-2023/