FAI up +8.08%, BTC -0.32%, Monero is The Coin of The Day – Daily Market Update for Feb 06, 2025

Key highlights:

  • The total cryptocurrency market cap decreased from $ 3.24T to $ 3.21T in the past 24 hours, representing a -1.06% change
  • The Bitcoin price at press time is $ 97,831 after falling by -0.32% in the last 24 hours
  • The total crypto trading volume decreased by -1.06% in the past 24 hours, and is currently at $ 360.54B
  • All prices and changes are presented at the time of publication: February 6, 2025, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 3.21T after a -1.06% decrease on the day. The total crypto trading volume declined by -1.06% in the same time frame.

Bitcoin is trading at $ 97,831 after seeing a -0.32% loss in the last 24 hours. The Bitcoin dominance grew by 0.71% and BTC currently represents 60.44% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 1.94T after losing -0.32% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by February 6, 2025. 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 $ 2,835.46 and has a market capitalization of $ 341.68B. ETH increased by 2.01% 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 67% of coins lost value in the last 24 hours.

Today’s Top Gainers are Freysa AI, Monero, and Pendle

Thanks to a 8.08% price increase, Freysa AI was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Monero came in second place, with 24-hour gains of 5.80%. Pendle, Lido DAO Token and GateToken complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Fartcoin, Pudgy Penguins, and SPX6900

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Fartcoin, which saw a loss of -25.33%. Pudgy Penguins also didn’t perform well, as its price declined by -14.58% in the last 24 hours. SPX6900, ai16z and aixbt by Virtuals round out today’s top 5 worst performers.

Coin of the Day is Monero

Thanks to its impressive 5.80% performance, Monero is today’s coin of the day! Monero is currently trading at $ 235.02. Learn more about Monero and its position in the market on our Monero price prediction page.

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

Buy/Sell Monero

Source: https://coincodex.com/article/62409/daily-market-update-for-february-06-2025/