Key highlights:
- The total cryptocurrency market cap increased from $ 1.14T to $ 1.14T in the past 24 hours, representing a 0.76% change
- The Bitcoin price at press time is $ 27,108 after growing by 0.89% in the last 24 hours
- The total crypto trading volume increased by 0.76% in the past 24 hours, and is currently at $ 156.55B
- All prices and changes are presented at the time of publication: May 21, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.14T after a 0.76% increase on the day. The total crypto trading volume increased by 0.76% in the same time frame.
Bitcoin is trading at $ 27,108 after seeing a 0.89% gain in the last 24 hours. The Bitcoin dominance grew by 0.08% and BTC currently represents 45.88% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 525.20B after gaining 0.89% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.51% and reach $ 26,157 by May 26, 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 $ 1,822.59 and has a market capitalization of $ 219.49B. ETH increased by 0.50% 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 79% of coins lost value in the last 24 hours.
Today’s Top Gainers are Pepe Coin, Open Campus, and Helium
Thanks to a 13.06% price increase, Pepe Coin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Open Campus came in second place, with 24-hour gains of 5.46%. Helium, Kava and Casper complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are SingularityNET, SSV Network, and tomiNet
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was SingularityNET, which saw a loss of -7.78%. SSV Network also didn’t perform well, as its price declined by -3.49% in the last 24 hours. tomiNet, LUKSO and Theta Token round out today’s top 5 worst performers.
Coin of the Day is Pepe Coin
Thanks to its impressive 13.06% performance, Pepe Coin is today’s coin of the day! Pepe Coin is currently trading at $ 0.000002. Learn more about Pepe Coin and its position in the market on our Pepe Coin price prediction page.
Our technical indicators show that the current Pepe Coin sentiment is Neutral.
Buy/Sell Pepe Coin
Source: https://coincodex.com/article/27448/daily-market-update-for-may-21-2023/