Key highlights:
- The total cryptocurrency market cap increased from $ 1.19T to $ 1.20T in the past 24 hours, representing a 0.70% change
- The Bitcoin price at press time is $ 29,370 after growing by 0.63% in the last 24 hours
- The total crypto trading volume increased by 0.70% in the past 24 hours, and is currently at $ 132.45B
- All prices and changes are presented at the time of publication: July 29, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.20T after a 0.70% increase on the day. The total crypto trading volume increased by 0.70% in the same time frame.
Bitcoin is trading at $ 29,370 after seeing a 0.63% gain in the last 24 hours. The Bitcoin dominance fell by -0.04% and BTC currently represents 47.70% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 570.79B after gaining 0.63% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.61% and reach $ 28,897 by August 3, 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 $ 1,876.48 and has a market capitalization of $ 225.98B. ETH increased by 0.84% 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 Kyber Network Crystal, Bone ShibaSwap, and Quant
Thanks to a 14.05% price increase, Kyber Network Crystal was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Bone ShibaSwap came in second place, with 24-hour gains of 8.29%. Quant, TomoChain and Frax Share complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Immutable X, Pendle, and tomiNet
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Immutable X, which saw a loss of -6.72%. Pendle also didn’t perform well, as its price declined by -5.89% in the last 24 hours. tomiNet, Astar and XinFin Network round out today’s top 5 worst performers.
Coin of the Day is Quant
Thanks to its impressive 9.17% performance, Quant is today’s coin of the day! Quant is currently trading at $ 110.69. Learn more about Quant and its position in the market on our Quant price prediction page.
Our technical indicators show that the current Quant sentiment is Bullish.
Buy/Sell Quant
Source: https://coincodex.com/article/30787/daily-market-update-for-july-29-2023/