Key highlights:
- The total cryptocurrency market cap decreased from $ 1.15T to $ 1.07T in the past 24 hours, representing a -6.96% change
- The Bitcoin price at press time is $ 26,450 after falling by -7.78% in the last 24 hours
- The total crypto trading volume decreased by -6.96% in the past 24 hours, and is currently at $ 253.61B
- All prices and changes are presented at the time of publication: August 18, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.07T after a -6.96% decrease on the day. The total crypto trading volume declined by -6.96% in the same time frame.
Bitcoin is trading at $ 26,450 after seeing a -7.78% loss in the last 24 hours. The Bitcoin dominance fell by -0.42% and BTC currently represents 48.05% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 514.26B after losing -7.78% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 3.16% and reach $ 27,286 by August 23, 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 $ 1,689.37 and has a market capitalization of $ 203.45B. ETH decreased by -6.43% 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.
- Cardano, which was previously ranked 7, is ranked at 5.
- Dogecoin, which was previously ranked 5, is ranked at 7.
- Shiba Inu, which was previously ranked 10, is ranked at 9.
- Litecoin, which was previously ranked 9, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 91% of coins lost value in the last 24 hours.
Today’s Top Gainers are tomiNet, Rollbit Coin, and Injective
Thanks to a 14.98% price increase, tomiNet 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 7.65%. Injective, Osmosis and Aleph Zero complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Sei, Conflux Network, and XRP
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Sei, which saw a loss of -19.23%. Conflux Network also didn’t perform well, as its price declined by -19.58% in the last 24 hours. XRP, ApeCoin and Litecoin round out today’s top 5 worst performers.
Coin of the Day is Rollbit Coin
Thanks to its impressive 7.65% performance, Rollbit Coin is today’s coin of the day! Rollbit Coin is currently trading at $ 0.163432. 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/31362/daily-market-update-for-august-18-2023/