Key highlights:
- The total cryptocurrency market cap decreased from $ 1.20T to $ 1.18T in the past 24 hours, representing a -1.75% change
- The Bitcoin price at press time is $ 29,128 after falling by -2.25% in the last 24 hours
- The total crypto trading volume decreased by -1.75% in the past 24 hours, and is currently at $ 189.61B
- All prices and changes are presented at the time of publication: July 25, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.18T after a -1.75% decrease on the day. The total crypto trading volume declined by -1.75% in the same time frame.
Bitcoin is trading at $ 29,128 after seeing a -2.25% loss in the last 24 hours. The Bitcoin dominance fell by -0.22% and BTC currently represents 47.86% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 566.09B after losing -2.25% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.59% and reach $ 28,957 by July 30, 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 $ 1,852.75 and has a market capitalization of $ 223.12B. ETH decreased by -0.96% 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.
- Binance Coin, which was previously ranked 4, is ranked at 3.
- XRP, which was previously ranked 3, is ranked at 4.
- Dogecoin, which was previously ranked 6, is ranked at 5.
- Cardano, which was previously ranked 5, is ranked at 6.
Bears Dominate the Market Today
The bears dominated the market today as 87% of coins lost value in the last 24 hours.
Today’s Top Gainers are XinFin Network, Worldcoin, and Dogecoin
Thanks to a 15.63% price increase, XinFin Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Worldcoin came in second place, with 24-hour gains of 16.11%. Dogecoin, TomoChain and Trust Wallet Token complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are WAX, Ordinals, and Band Protocol
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was WAX, which saw a loss of -16.72%. Ordinals also didn’t perform well, as its price declined by -10.52% in the last 24 hours. Band Protocol, Pepe Coin and Kaspa round out today’s top 5 worst performers.
Coin of the Day is XinFin Network
Thanks to its impressive 15.63% performance, XinFin Network is today’s coin of the day! XinFin Network is currently trading at $ 0.058921. Learn more about XinFin Network and its position in the market on our XinFin Network price prediction page.
Our technical indicators show that the current XinFin Network sentiment is Bullish.
Buy/Sell XinFin Network
Source: https://coincodex.com/article/30595/daily-market-update-for-july-25-2023/