Key highlights:
- The total cryptocurrency market cap decreased from $ 1.22T to $ 1.21T in the past 24 hours, representing a -1.10% change
- The Bitcoin price at press time is $ 30,580 after falling by -0.75% in the last 24 hours
- The total crypto trading volume decreased by -1.10% in the past 24 hours, and is currently at $ 186.77B
- All prices and changes are presented at the time of publication: July 6, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.21T after a -1.10% decrease on the day. The total crypto trading volume declined by -1.10% in the same time frame.
Bitcoin is trading at $ 30,580 after seeing a -0.75% loss in the last 24 hours. The Bitcoin dominance grew by 0.19% and BTC currently represents 49.25% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 593.73B after losing -0.75% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.68% and reach $ 32,318 by July 11, 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 $ 1,920.95 and has a market capitalization of $ 231.34B. ETH decreased by -0.80% 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.
- Bitcoin Cash, which was previously ranked 11, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 89% of coins lost value in the last 24 hours.
Today’s Top Gainers are MobileCoin, SXP, and Waves
Thanks to a 14.28% price increase, MobileCoin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. SXP came in second place, with 24-hour gains of 9.08%. Waves, FTX Token and Bitcoin Cash complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Storj, Big Panda, and Siacoin
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Storj, which saw a loss of -23.03%. Big Panda also didn’t perform well, as its price declined by -17.96% in the last 24 hours. Siacoin, Decred and Kaspa round out today’s top 5 worst performers.
Coin of the Day is Bitcoin Cash
Thanks to its impressive 8.02% performance, Bitcoin Cash is today’s coin of the day! Bitcoin Cash is currently trading at $ 295.19. Learn more about Bitcoin Cash and its position in the market on our Bitcoin Cash price prediction page.
Our technical indicators show that the current Bitcoin Cash sentiment is Bullish.
Buy/Sell Bitcoin Cash
Source: https://coincodex.com/article/29593/daily-market-update-for-july-06-2023/