Key highlights:
- The total cryptocurrency market cap increased from $ 1.06T to $ 1.06T in the past 24 hours, representing a 0.42% change
- The Bitcoin price at press time is $ 26,063 after growing by 0.01% in the last 24 hours
- The total crypto trading volume increased by 0.42% in the past 24 hours, and is currently at $ 122.49B
- All prices and changes are presented at the time of publication: August 26, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.06T after a 0.42% increase on the day. The total crypto trading volume increased by 0.42% in the same time frame.
Bitcoin is trading at $ 26,063 after seeing a 0.01% gain in the last 24 hours. The Bitcoin dominance fell by -0.10% and BTC currently represents 47.69% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 507.23B after gaining 0.01% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.37% and reach $ 25,705 by August 31, 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 $ 1,655.24 and has a market capitalization of $ 199.34B. ETH decreased by -0.09% 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.
- Dogecoin, which was previously ranked 6, is ranked at 5.
- Cardano, which was previously ranked 5, is ranked at 6.
Bears Dominate the Market Today
The bears dominated the market today as 82% of coins lost value in the last 24 hours.
Today’s Top Gainers are Helium, Kadena, and tomiNet
Thanks to a 9.58% price increase, Helium was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Kadena came in second place, with 24-hour gains of 9.52%. tomiNet, Band Protocol and ECOMI complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are SafePal, Worldcoin, and Beldex
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was SafePal, which saw a loss of -5.49%. Worldcoin also didn’t perform well, as its price declined by -5.62% in the last 24 hours. Beldex, Sei and Illuvium round out today’s top 5 worst performers.
Coin of the Day is Sui Crypto
Thanks to its impressive 6.15% performance, Sui Crypto is today’s coin of the day! Sui Crypto is currently trading at $ 0.573571. Learn more about Sui Crypto and its position in the market on our Sui Crypto price prediction page.
Our technical indicators show that the current Sui Crypto sentiment is Neutral.
Buy/Sell Sui Crypto
Source: https://coincodex.com/article/31625/daily-market-update-for-august-26-2023/