KAS up +17.43%, BTC -1.93%, The Sandbox is The Coin of The Day – Daily Market Update for May 25, 2023 | CoinCodex

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.13T to $ 1.11T in the past 24 hours, representing a -1.70% change
• The Bitcoin price at press time is $ 26,258 after falling by -1.93% in the last 24 hours
• The total crypto trading volume decreased by -1.70% in the past 24 hours, and is currently at $ 209.40B
• All prices and changes are presented at the time of publication: May 25, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.11T after a -1.70% decrease on the day. The total crypto trading volume declined by -1.70% in the same time frame.

Bitcoin is trading at $ 26,258 after seeing a -1.93% loss in the last 24 hours. The Bitcoin dominance fell by -0.01% and BTC currently represents 45.73% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 508.96B after losing -1.93% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.82% and reach $ 25,255 by May 30, 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 $ 1,787.30 and has a market capitalization of $ 215.24B. ETH decreased by -2.20% 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 Kaspa, WEMIX Token, and Open Campus

Thanks to a 17.43% price increase, Kaspa was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. WEMIX Token came in second place, with 24-hour gains of 6.35%. Open Campus, The Sandbox and Bitget Token complete today’s list of the top cryptocurrency gainers.