COMP up +21.39%, BTC +0.59%, Compound is The Coin of The Day – Daily Market Update for Jul 03, 2023 | CoinCodex

COMP up +21.39%, BTC +0.59%, Compound is The Coin of The Day - Daily Market Update for Jul 03, 2023

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.21T to $ 1.22T in the past 24 hours, representing a 1.20% change
  • The Bitcoin price at press time is $ 30,679 after growing by 0.59% in the last 24 hours
  • The total crypto trading volume increased by 1.20% in the past 24 hours, and is currently at $ 183.49B
  • All prices and changes are presented at the time of publication: July 3, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.22T after a 1.20% increase on the day. The total crypto trading volume increased by 1.20% in the same time frame.

Bitcoin is trading at $ 30,679 after seeing a 0.59% gain in the last 24 hours. The Bitcoin dominance fell by -0.30% and BTC currently represents 48.80% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 595.65B after gaining 0.59% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.76% and reach $ 31,526 by July 8, 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 $ 1,941.02 and has a market capitalization of $ 233.76B. ETH increased by 1.80% 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 74% of coins lost value in the last 24 hours.

Today’s Top Gainers are Compound, Celo, and The Graph

Thanks to a 21.39% price increase, Compound was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Celo came in second place, with 24-hour gains of 19.08%. The Graph, Pendle and BitDAO complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Kaspa, tomiNet, and Helium

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Kaspa, which saw a loss of -6.14%. tomiNet also didn’t perform well, as its price declined by -5.42% in the last 24 hours. Helium, UNUS SED LEO and Beldex round out today’s top 5 worst performers.

Coin of the Day is Compound

Thanks to its impressive 21.39% performance, Compound is today’s coin of the day! Compound is currently trading at $ 64.84. Learn more about Compound and its position in the market on our Compound price prediction page.

Our technical indicators show that the current Compound sentiment is Bullish.

Buy/Sell Compound

Source: https://coincodex.com/article/29413/daily-market-update-for-july-03-2023/