Key highlights:
- The total cryptocurrency market cap decreased from $ 1.20T to $ 1.18T in the past 24 hours, representing a -1.31% change
- The Bitcoin price at press time is $ 29,149 after falling by -1.68% in the last 24 hours
- The total crypto trading volume decreased by -1.31% in the past 24 hours, and is currently at $ 185.69B
- All prices and changes are presented at the time of publication: August 3, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.18T after a -1.31% decrease on the day. The total crypto trading volume declined by -1.31% in the same time frame.
Bitcoin is trading at $ 29,149 after seeing a -1.68% loss in the last 24 hours. The Bitcoin dominance fell by -0.14% and BTC currently represents 48.01% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 566.74B after losing -1.68% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.95% and reach $ 29,718 by August 8, 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 $ 1,839.60 and has a market capitalization of $ 221.54B. ETH decreased by -1.15% 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 89% of coins lost value in the last 24 hours.
Today’s Top Gainers are XinFin Network, Kaspa, and Celo
Thanks to a 28.53% price increase, XinFin Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Kaspa came in second place, with 24-hour gains of 11.36%. Celo, TerraClassicUSD and Hedera Hashgraph complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Bitcoin Gold, Compound, and SafePal
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Bitcoin Gold, which saw a loss of -9.67%. Compound also didn’t perform well, as its price declined by -8.12% in the last 24 hours. SafePal, Qtum and Bitcoin Cash round out today’s top 5 worst performers.
Kaspa reached new All-Time High after gaining +92.21% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
Congratulations to the HODLers!
Coin of the Day is FLEX Coin
Thanks to its impressive 33.92% performance, FLEX Coin is today’s coin of the day! FLEX Coin is currently trading at $ 7.19. Learn more about FLEX Coin and its position in the market on our FLEX Coin price prediction page.
Our technical indicators show that the current FLEX Coin sentiment is Bullish.
Buy/Sell FLEX Coin
Source: https://coincodex.com/article/30931/daily-market-update-for-august-03-2023/