FTT up +16.80%, BTC -2.11%, FTX Token is The Coin of The Day – Daily Market Update for Aug 19, 2023 | CoinCodex

Key highlights:

• The overall cryptocurrency market cap decreased from $ 1.08T to $ 1.06T previously 24 hours, representing a -1.35% change
• The Bitcoin worth at press time is $ 25,890 after falling by -2.11% within the final 24 hours
• The overall crypto buying and selling quantity decreased by -1.35% previously 24 hours, and is at present at $ 167.25B
• All costs and adjustments are offered on the time of publication: August 19, 2023, at 06:00 UTC

Market Overview

The overall cryptocurrency market cap is at present $ 1.06T after a -1.35% lower on the day. The overall crypto buying and selling quantity declined by -1.35% in the identical timeframe.

Bitcoin is buying and selling at $ 25,890 after seeing a -2.11% loss within the final 24 hours. The Bitcoin dominance fell by -0.47% and BTC at present represents 47.38% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 503.86B after dropping -2.11% within the final 24 hours. In response to our forecast, the worth of Bitcoin will increase by 2.80% and attain $ 26,616 by August 24, 2023. To study extra about how the value of Bitcoin might change over the following 7 days, go to our Bitcoin worth prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,676.19 and has a market capitalization of $ 201.86B. ETH decreased by -0.79% within the final 24 hours. In the event you’re keen on the place the value of Ethereum might head subsequent, take a look at the Ethereum worth prediction.

There have been additionally some adjustments immediately within the rating among the many prime 10 greatest cash by market cap.

• Dogecoin, which was beforehand ranked 7, is ranked at 5.
• Solana, which was beforehand ranked 5, is ranked at 7.

Bears Dominate the Market At the moment

The bears dominated the market immediately as 82% of cash misplaced worth within the final 24 hours.

At the moment’s High Gainers are FTX Token, Akash Community, and Kaspa

Because of a 16.80% worth enhance, FTX Token was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. Akash Community got here in second place, with 24-hour positive aspects of 16.69%. Kaspa, Hedera Hashgraph and Fetch.ai full immediately’s record of the highest cryptocurrency gainers.

At the moment’s High Losers are SafePal, Arweave, and Rollbit Coin

Sadly, not all cash carried out nicely immediately. The worst performer within the cryptocurrency prime 200 was SafePal, which noticed a lack of -11.16%. Arweave additionally did not carry out nicely, as its worth declined by -10.52% within the final 24 hours. Rollbit Coin, Rocket Pool and Uniswap spherical out immediately’s prime 5 worst performers.

Coin of the Day is FTX Token

Because of its spectacular 16.80% efficiency, FTX Token is immediately’s coin of the day! FTX Token is at present buying and selling at $ 1.07. Be taught extra about FTX Token and its place out there on our FTX Token worth prediction web page.

Our technical indicators present that the present FTX Token sentiment is Bearish.

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