IMX up +10.47%, BTC -0.93%, Immutable X is The Coin of The Day – Daily Market Update for Jul 28, 2023 | CoinCodex

IMX up +10.47%, BTC -0.93%, Immutable X is The Coin of The Day - Daily Market Update for Jul 28, 2023

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.20T to $ 1.19T in the past 24 hours, representing a -0.52% change
  • The Bitcoin price at press time is $ 29,186 after falling by -0.93% in the last 24 hours
  • The total crypto trading volume decreased by -0.52% in the past 24 hours, and is currently at $ 144.97B
  • All prices and changes are presented at the time of publication: July 28, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.19T after a -0.52% decrease on the day. The total crypto trading volume declined by -0.52% in the same time frame.

Bitcoin is trading at $ 29,186 after seeing a -0.93% loss in the last 24 hours. The Bitcoin dominance fell by -0.13% and BTC currently represents 47.63% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 567.21B after losing -0.93% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -4.10% and reach $ 27,989 by August 2, 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 $ 1,860.82 and has a market capitalization of $ 224.10B. ETH decreased by -1.03% 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 87% of coins lost value in the last 24 hours.

Today’s Top Gainers are Immutable X, Casper, and Jasmy

Thanks to a 10.47% price increase, Immutable X was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Casper came in second place, with 24-hour gains of 5.61%. Jasmy, Astar and Aragon complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Threshold Network Token, Maker, and Bitgert

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Threshold Network Token, which saw a loss of -7.40%. Maker also didn’t perform well, as its price declined by -7.13% in the last 24 hours. Bitgert, Theta Token and Synthetix round out today’s top 5 worst performers.

Coin of the Day is Immutable X

Thanks to its impressive 10.47% performance, Immutable X is today’s coin of the day! Immutable X is currently trading at $ 0.800119. Learn more about Immutable X and its position in the market on our Immutable X price prediction page.

Our technical indicators show that the current Immutable X sentiment is Bullish.

Buy/Sell Immutable X

Source: https://coincodex.com/article/30734/daily-market-update-for-july-28-2023/