Key highlights:
- The total cryptocurrency market cap increased from $ 1.19T to $ 1.19T in the past 24 hours, representing a 0.05% change
- The Bitcoin price at press time is $ 29,385 after falling by -0.03% in the last 24 hours
- The total crypto trading volume increased by 0.05% in the past 24 hours, and is currently at $ 97.22B
- All prices and changes are presented at the time of publication: August 13, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.19T after a 0.05% increase on the day. The total crypto trading volume increased by 0.05% in the same time frame.
Bitcoin is trading at $ 29,385 after seeing a -0.03% loss in the last 24 hours. The Bitcoin dominance fell by -0.03% and BTC currently represents 48.16% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 571.33B after losing -0.03% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.00% and reach $ 29,680 by August 18, 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 $ 1,845.82 and has a market capitalization of $ 222.29B. ETH decreased by -0.11% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
There were also some changes today in the ranking among the top 10 biggest coins by market cap.
- Solana, which was previously ranked 7, is ranked at 6.
- Cardano, which was previously ranked 6, is ranked at 7.
Bears Dominate the Market Today
The bears dominated the market today as 81% of coins lost value in the last 24 hours.
Today’s Top Gainers are Livepeer, THORChain, and Aragon
Thanks to a 16.97% price increase, Livepeer was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. THORChain came in second place, with 24-hour gains of 16.25%. Aragon, Toncoin and Akash Network complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Rollbit Coin, Helium, and ECOMI
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Rollbit Coin, which saw a loss of -8.42%. Helium also didn’t perform well, as its price declined by -4.79% in the last 24 hours. ECOMI, Convex Finance and Baby Doge Coin round out today’s top 5 worst performers.
Coin of the Day is THORChain
Thanks to its impressive 15.62% performance, THORChain is today’s coin of the day! THORChain is currently trading at $ 1.31. Learn more about THORChain and its position in the market on our THORChain price prediction page.
Our technical indicators show that the current THORChain sentiment is Bullish.
Buy/Sell THORChain
Source: https://coincodex.com/article/31183/daily-market-update-for-august-13-2023/