BTG up +20.90%, BTC +0.23%, Bitcoin SV is The Coin of The Day – Daily Market Update for Jul 31, 2023 | CoinCodex

Key highlights:

• The entire cryptocurrency market cap elevated from $ 1.20T to $ 1.20T up to now 24 hours, representing a 0.03% change
• The Bitcoin worth at press time is $ 29,380 after rising by 0.23% within the final 24 hours
• The entire crypto buying and selling quantity elevated by 0.03% up to now 24 hours, and is at the moment at $ 136.48B
• All costs and modifications are offered on the time of publication: July 31, 2023, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is at the moment $ 1.20T after a 0.03% improve on the day. The entire crypto buying and selling quantity elevated by 0.03% in the identical timeframe.

Bitcoin is buying and selling at $ 29,380 after seeing a 0.23% acquire within the final 24 hours. The Bitcoin dominance grew by 0.15% and BTC at the moment represents 47.74% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 571.23B after gaining 0.23% within the final 24 hours. In line with our forecast, the worth of Bitcoin will elevate by 1.72% and attain $ 29,886 by August 5, 2023. To study extra about how the worth 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 $ 1,865.78 and has a market capitalization of $ 224.69B. ETH decreased by -0.75% within the final 24 hours. If you happen to’re desirous about the place the worth of Ethereum might head subsequent, try the Ethereum worth prediction.

There have been additionally some modifications in the present day within the rating among the many high 10 largest cash by market cap.

• Binance Coin, which was beforehand ranked 4, is ranked at 3.
• XRP, which was beforehand ranked 3, is ranked at 4.

Bears Dominate the Market At the moment

The bears dominated the market in the present day as 85% of cash misplaced worth within the final 24 hours.

At the moment’s High Gainers are Bitcoin Gold, Bitcoin SV, and Kaspa

Because of a 20.90% worth improve, Bitcoin Gold was the largest gainer of the day among the many high 200 cryptocurrencies by market cap. Bitcoin SV got here in second place, with 24-hour good points of 8.55%. Kaspa, Optimism and TomoChain full in the present day’s record of the highest cryptocurrency gainers.

At the moment’s High Losers are Convex Finance, Curve DAO Token, and Frax Share

Sadly, not all cash carried out nicely in the present day. The worst performer within the cryptocurrency high 200 was Convex Finance, which noticed a lack of -11.40%. Curve DAO Token additionally did not carry out nicely, as its worth declined by -12.31% within the final 24 hours. Frax Share, Worldcoin and Synthetix spherical out in the present day’s high 5 worst performers.

Coin of the Day is Bitcoin SV

Because of its spectacular 8.55% efficiency, Bitcoin SV is in the present day’s coin of the day! Bitcoin SV is at the moment buying and selling at $ 38.82. Study extra about Bitcoin SV and its place available in the market on our Bitcoin SV worth prediction web page.

Our technical indicators present that the present Bitcoin SV sentiment is Impartial.

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