Key highlights:
- The total cryptocurrency market cap increased from $ 1.09T to $ 1.10T in the past 24 hours, representing a 0.66% change
- The Bitcoin price at press time is $ 27,648 after growing by 0.88% in the last 24 hours
- The total crypto trading volume increased by 0.66% in the past 24 hours, and is currently at $ 81.99B
- All prices and changes are presented at the time of publication: October 5, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.10T after a 0.66% increase on the day. The total crypto trading volume increased by 0.66% in the same time frame.
Bitcoin is trading at $ 27,648 after seeing a 0.88% gain in the last 24 hours. The Bitcoin dominance grew by 0.15% and BTC currently represents 49.12% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 539.25B after gaining 0.88% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.14% and reach $ 27,687 by October 10, 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 $ 1,645.96 and has a market capitalization of $ 197.92B. ETH increased by 0.10% 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 78% of coins lost value in the last 24 hours.
Today’s Top Gainers are Trust Wallet Token, Loom Network, and Aave
Thanks to a 14.03% price increase, Trust Wallet Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Loom Network came in second place, with 24-hour gains of 13.22%. Aave, SwissBorg and Magic complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Astar, Kaspa, and Storj
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Astar, which saw a loss of -3.41%. Kaspa also didn’t perform well, as its price declined by -3.44% in the last 24 hours. Storj, ECOMI and Toncoin round out today’s top 5 worst performers.
Coin of the Day is Trust Wallet Token
Thanks to its impressive 14.03% performance, Trust Wallet Token is today’s coin of the day! Trust Wallet Token is currently trading at $ 0.904366. Learn more about Trust Wallet Token and its position in the market on our Trust Wallet Token price prediction page.
Our technical indicators show that the current Trust Wallet Token sentiment is Bullish.
Buy/Sell Trust Wallet Token
Source: https://coincodex.com/article/33046/daily-market-update-for-october-05-2023/