Key highlights:
- The total cryptocurrency market cap increased from $ 1.05T to $ 1.06T in the past 24 hours, representing a 0.39% change
- The Bitcoin price at press time is $ 25,793 after growing by 0.18% in the last 24 hours
- The total crypto trading volume increased by 0.39% in the past 24 hours, and is currently at $ 125.81B
- All prices and changes are presented at the time of publication: September 7, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.06T after a 0.39% increase on the day. The total crypto trading volume increased by 0.39% in the same time frame.
Bitcoin is trading at $ 25,793 after seeing a 0.18% gain in the last 24 hours. The Bitcoin dominance fell by -0.15% and BTC currently represents 47.61% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 502.40B after gaining 0.18% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.64% and reach $ 26,215 by September 12, 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 $ 1,642.37 and has a market capitalization of $ 197.44B. ETH increased by 0.64% 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 80% of coins lost value in the last 24 hours.
Today’s Top Gainers are Worldcoin, Flux, and Akash Network
Thanks to a 28.17% price increase, Worldcoin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Flux came in second place, with 24-hour gains of 26.78%. Akash Network, IoTeX and TomoChain complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are ECOMI, WEMIX Token, and Beldex
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was ECOMI, which saw a loss of -3.46%. WEMIX Token also didn’t perform well, as its price declined by -4.09% in the last 24 hours. Beldex, Convex Finance and XinFin Network round out today’s top 5 worst performers.
Coin of the Day is Kaspa
Thanks to its impressive 11.10% performance, Kaspa is today’s coin of the day! Kaspa is currently trading at $ 0.040301. Learn more about Kaspa and its position in the market on our Kaspa price prediction page.
Our technical indicators show that the current Kaspa sentiment is Bullish.
Buy/Sell Kaspa
Source: https://coincodex.com/article/32032/daily-market-update-for-september-07-2023/