Key highlights:
- The total cryptocurrency market cap increased from $ 1.05T to $ 1.07T in the past 24 hours, representing a 1.20% change
- The Bitcoin price at press time is $ 26,240 after growing by 1.75% in the last 24 hours
- The total crypto trading volume increased by 1.20% in the past 24 hours, and is currently at $ 124.36B
- All prices and changes are presented at the time of publication: September 8, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.07T after a 1.20% increase on the day. The total crypto trading volume increased by 1.20% in the same time frame.
Bitcoin is trading at $ 26,240 after seeing a 1.75% gain in the last 24 hours. The Bitcoin dominance grew by 0.28% and BTC currently represents 47.94% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 511.14B after gaining 1.75% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.44% and reach $ 26,355 by September 13, 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 $ 1,648.54 and has a market capitalization of $ 198.18B. ETH increased by 0.39% 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 SSV Network, Rollbit Coin, and DeFiChain
Thanks to a 7.02% price increase, SSV Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Rollbit Coin came in second place, with 24-hour gains of 5.79%. DeFiChain, aelf and XinFin Network complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Worldcoin, Akash Network, and Bone ShibaSwap
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Worldcoin, which saw a loss of -11.13%. Akash Network also didn’t perform well, as its price declined by -7.68% in the last 24 hours. Bone ShibaSwap, IoTeX and Livepeer round out today’s top 5 worst performers.
Coin of the Day is DeFiChain
Thanks to its impressive 6.53% performance, DeFiChain is today’s coin of the day! DeFiChain is currently trading at $ 0.357171. Learn more about DeFiChain and its position in the market on our DeFiChain price prediction page.
Our technical indicators show that the current DeFiChain sentiment is Bullish.
Buy/Sell DeFiChain
Source: https://coincodex.com/article/32077/daily-market-update-for-september-08-2023/