Key highlights:
- The total cryptocurrency market cap increased from $ 1.18T to $ 1.18T in the past 24 hours, representing a 0.01% change
- The Bitcoin price at press time is $ 29,128 after growing by 0.29% in the last 24 hours
- The total crypto trading volume increased by 0.01% in the past 24 hours, and is currently at $ 152.91B
- All prices and changes are presented at the time of publication: August 7, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.18T after a 0.01% increase on the day. The total crypto trading volume increased by 0.01% in the same time frame.
Bitcoin is trading at $ 29,128 after seeing a 0.29% gain in the last 24 hours. The Bitcoin dominance grew by 0.11% and BTC currently represents 47.92% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 566.32B after gaining 0.29% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.71% and reach $ 28,048 by August 12, 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 $ 1,859.41 and has a market capitalization of $ 223.93B. ETH decreased by -0.77% 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 83% of coins lost value in the last 24 hours.
Today’s Top Gainers are Livepeer, Yield Guild Games, and Helium
Thanks to a 27.94% price increase, Livepeer was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Yield Guild Games came in second place, with 24-hour gains of 21.42%. Helium, XinFin Network and Kaspa complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Siacoin, GALA, and Biconomy
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Siacoin, which saw a loss of -6.15%. GALA also didn’t perform well, as its price declined by -4.66% in the last 24 hours. Biconomy, Shiba Inu and Worldcoin round out today’s top 5 worst performers.
Coin of the Day is Helium
Thanks to its impressive 10.42% performance, Helium is today’s coin of the day! Helium is currently trading at $ 2.19. Learn more about Helium and its position in the market on our Helium price prediction page.
Our technical indicators show that the current Helium sentiment is Bullish.
Buy/Sell Helium
Source: https://coincodex.com/article/30997/daily-market-update-for-august-07-2023/