JST up +15.26%, BTC +1.99%, Compound is The Coin of The Day – Daily Market Update for Sep 29, 2023 | CoinCodex

JST up +15.26%, BTC +1.99%, Compound is The Coin of The Day - Daily Market Update for Sep 29, 2023

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.06T to $ 1.08T in the past 24 hours, representing a 1.84% change
  • The Bitcoin price at press time is $ 26,977 after growing by 1.99% in the last 24 hours
  • The total crypto trading volume increased by 1.84% in the past 24 hours, and is currently at $ 129.65B
  • All prices and changes are presented at the time of publication: September 29, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.08T after a 1.84% increase on the day. The total crypto trading volume increased by 1.84% in the same time frame.

Bitcoin is trading at $ 26,977 after seeing a 1.99% gain in the last 24 hours. The Bitcoin dominance grew by 0.11% and BTC currently represents 48.56% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 526.02B after gaining 1.99% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.48% and reach $ 28,455 by October 4, 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 $ 1,658.81 and has a market capitalization of $ 199.45B. ETH increased by 2.66% 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 73% of coins lost value in the last 24 hours.

Today’s Top Gainers are JUST, Compound, and ApeCoin

Thanks to a 15.26% price increase, JUST was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Compound came in second place, with 24-hour gains of 15.45%. ApeCoin, Pepe Coin and Pendle complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Merit Circle, Loom Network, and GateToken

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Merit Circle, which saw a loss of -6.05%. Loom Network also didn’t perform well, as its price declined by -5.78% in the last 24 hours. GateToken, Biconomy and Terra round out today’s top 5 worst performers.

Coin of the Day is Compound

Thanks to its impressive 15.45% performance, Compound is today’s coin of the day! Compound is currently trading at $ 47.91. 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/32839/daily-market-update-for-september-29-2023/