Key highlights:
- The total cryptocurrency market cap decreased from $ 1.21T to $ 1.20T in the past 24 hours, representing a -0.66% change
- The Bitcoin price at press time is $ 29,805 after falling by -0.39% in the last 24 hours
- The total crypto trading volume decreased by -0.66% in the past 24 hours, and is currently at $ 296.72B
- All prices and changes are presented at the time of publication: July 24, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.20T after a -0.66% decrease on the day. The total crypto trading volume declined by -0.66% in the same time frame.
Bitcoin is trading at $ 29,805 after seeing a -0.39% loss in the last 24 hours. The Bitcoin dominance grew by 0.15% and BTC currently represents 48.18% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 579.24B after losing -0.39% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.06% and reach $ 29,788 by July 29, 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 $ 1,870.71 and has a market capitalization of $ 225.29B. ETH decreased by -0.04% 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 86% of coins lost value in the last 24 hours.
Today’s Top Gainers are WAX, Theta Fuel, and Trust Wallet Token
Thanks to a 9.96% price increase, WAX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Theta Fuel came in second place, with 24-hour gains of 8.34%. Trust Wallet Token, Bitcoin Cash and Theta Token complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Synthetix, Terra, and Maker
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Synthetix, which saw a loss of -7.67%. Terra also didn’t perform well, as its price declined by -5.73% in the last 24 hours. Maker, Compound and Flow round out today’s top 5 worst performers.
Coin of the Day is Theta Token
Thanks to its impressive 2.04% performance, Theta Token is today’s coin of the day! Theta Token is currently trading at $ 0.825016. Learn more about Theta Token and its position in the market on our Theta Token price prediction page.
Our technical indicators show that the current Theta Token sentiment is Neutral.
Buy/Sell Theta Token
Source: https://coincodex.com/article/30526/daily-market-update-for-july-24-2023/