Key highlights:
- The total cryptocurrency market cap increased from $ 1.09T to $ 1.12T in the past 24 hours, representing a 2.73% change
- The Bitcoin price at press time is $ 27,975 after growing by 3.34% in the last 24 hours
- The total crypto trading volume increased by 2.73% in the past 24 hours, and is currently at $ 105.15B
- All prices and changes are presented at the time of publication: October 2, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.12T after a 2.73% increase on the day. The total crypto trading volume increased by 2.73% in the same time frame.
Bitcoin is trading at $ 27,975 after seeing a 3.34% gain in the last 24 hours. The Bitcoin dominance grew by 0.21% and BTC currently represents 48.69% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 545.55B after gaining 3.34% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.24% and reach $ 27,629 by October 7, 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 $ 1,702.28 and has a market capitalization of $ 204.68B. ETH increased by 2.13% 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 75% of coins lost value in the last 24 hours.
Today’s Top Gainers are IoTeX, Livepeer, and THORChain
Thanks to a 21.33% price increase, IoTeX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Livepeer came in second place, with 24-hour gains of 16.62%. THORChain, Solana and Bitcoin SV complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Maker, Lido DAO Token, and Chainlink
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Maker, which saw a loss of -4.68%. Lido DAO Token also didn’t perform well, as its price declined by -2.75% in the last 24 hours. Chainlink, Beldex and Biconomy round out today’s top 5 worst performers.
Coin of the Day is Solana
Thanks to its impressive 13.37% performance, Solana is today’s coin of the day! Solana is currently trading at $ 24.15. Learn more about Solana and its position in the market on our Solana price prediction page.
Our technical indicators show that the current Solana sentiment is Bullish.
Buy/Sell Solana
Source: https://coincodex.com/article/32902/daily-market-update-for-october-02-2023/