Key highlights:
- The total cryptocurrency market cap decreased from $ 1.16T to $ 1.15T in the past 24 hours, representing a -0.91% change
- The Bitcoin price at press time is $ 26,817 after falling by -0.82% in the last 24 hours
- The total crypto trading volume decreased by -0.91% in the past 24 hours, and is currently at $ 110.93B
- All prices and changes are presented at the time of publication: June 5, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.15T after a -0.91% decrease on the day. The total crypto trading volume declined by -0.91% in the same time frame.
Bitcoin is trading at $ 26,817 after seeing a -0.82% loss in the last 24 hours. The Bitcoin dominance fell by -0.06% and BTC currently represents 45.39% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 520.03B after losing -0.82% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 7.05% and reach $ 28,707 by June 10, 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 $ 1,871.50 and has a market capitalization of $ 225.38B. ETH decreased by -1.12% 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 Terra Classic, Wilder World, and tomiNet
Thanks to a 18.07% price increase, Terra Classic was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Wilder World came in second place, with 24-hour gains of 13.05%. tomiNet, The Sandbox and JOE complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are ABBC COIN, Ocean Protocol, and JUST
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was ABBC COIN, which saw a loss of -11.67%. Ocean Protocol also didn’t perform well, as its price declined by -6.73% in the last 24 hours. JUST, DAO Maker and Filecoin round out today’s top 5 worst performers.
Coin of the Day is Terra Classic
Thanks to its impressive 18.07% performance, Terra Classic is today’s coin of the day! Terra Classic is currently trading at $ 0.000107. Learn more about Terra Classic and its position in the market on our Terra Classic price prediction page.
Our technical indicators show that the current Terra Classic sentiment is Neutral.
Buy/Sell Terra Classic
Source: https://coincodex.com/article/28096/daily-market-update-for-june-05-2023/