Key highlights:
- The total cryptocurrency market cap decreased from $ 1.08T to $ 1.06T in the past 24 hours, representing a -1.44% change
- The Bitcoin price at press time is $ 26,050 after falling by -1.39% in the last 24 hours
- The total crypto trading volume decreased by -1.44% in the past 24 hours, and is currently at $ 127.44B
- All prices and changes are presented at the time of publication: August 25, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.06T after a -1.44% decrease on the day. The total crypto trading volume declined by -1.44% in the same time frame.
Bitcoin is trading at $ 26,050 after seeing a -1.39% loss in the last 24 hours. The Bitcoin dominance fell by -0.06% and BTC currently represents 47.73% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 506.97B after losing -1.39% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.39% and reach $ 26,151 by August 30, 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 $ 1,655.42 and has a market capitalization of $ 199.36B. ETH decreased by -1.24% 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 90% of coins lost value in the last 24 hours.
Today’s Top Gainers are Rollbit Coin, Bone ShibaSwap, and ECOMI
Thanks to a 13.68% price increase, Rollbit Coin 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 11.27%. ECOMI, Livepeer and tomiNet complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Pepe Coin, Akash Network, and DeFiChain
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Pepe Coin, which saw a loss of -20.30%. Akash Network also didn’t perform well, as its price declined by -10.91% in the last 24 hours. DeFiChain, Sui Crypto and Helium round out today’s top 5 worst performers.
Coin of the Day is Rollbit Coin
Thanks to its impressive 13.68% performance, Rollbit Coin is today’s coin of the day! Rollbit Coin is currently trading at $ 0.171044. Learn more about Rollbit Coin and its position in the market on our Rollbit Coin price prediction page.
Our technical indicators show that the current Rollbit Coin sentiment is Bullish.
Buy/Sell Rollbit Coin
Source: https://coincodex.com/article/31598/daily-market-update-for-august-25-2023/