QTUM up +12.08%, BTC +2.45%, FLEX Coin is The Coin of The Day – Daily Market Update for Aug 02, 2023 | CoinCodex

Key highlights:

• The total cryptocurrency market cap increased from $ 1.18T to $ 1.20T in the past 24 hours, representing a 1.71% change
• The Bitcoin price at press time is $ 29,629 after growing by 2.45% in the last 24 hours
• The total crypto trading volume increased by 1.71% in the past 24 hours, and is currently at $ 187.92B
• All prices and changes are presented at the time of publication: August 2, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.20T after a 1.71% increase on the day. The total crypto trading volume increased by 1.71% in the same time frame.

Bitcoin is trading at $ 29,629 after seeing a 2.45% gain in the last 24 hours. The Bitcoin dominance grew by 0.31% and BTC currently represents 48.12% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 576.07B after gaining 2.45% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.80% and reach $ 30,458 by August 7, 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 $ 1,862.73 and has a market capitalization of $ 224.33B. ETH increased by 1.59% 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 75% of coins lost value in the last 24 hours.

Today’s Top Gainers are Qtum, Bone ShibaSwap, and Frax Share

Thanks to a 12.08% price increase, Qtum was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Bone ShibaSwap came in second place, with 24-hour gains of 9.45%. Frax Share, Kaspa and Maker complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Polymath, FTX Token, and Bitcoin Gold

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Polymath, which saw a loss of -5.63%. FTX Token also didn’t perform well, as its price declined by -6.00% in the last 24 hours. Bitcoin Gold, TomoChain and Synthetix round out today’s top 5 worst performers.

Coin of the Day is FLEX Coin

Thanks to its impressive 18.02% performance, FLEX Coin is today’s coin of the day! FLEX Coin is currently trading at $ 5.37. Learn more about FLEX Coin and its position in the market on our FLEX Coin price prediction page.

Our technical indicators show that the current FLEX Coin sentiment is Bullish.

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