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TOMI up +18.34%, BTC -2.51%, Bitget Token is The Coin of The Day – Daily Market Update for May 09, 2023 | CoinCodex

Key highlights:

  • The entire cryptocurrency market cap decreased from $ 1.16T to $ 1.14T previously 24 hours, representing a -1.73% change
  • The Bitcoin value at press time is $ 27,552 after falling by -2.51% within the final 24 hours
  • The entire crypto buying and selling quantity decreased by -1.73% previously 24 hours, and is at the moment at $ 224.14B
  • All costs and modifications are introduced on the time of publication: Could 9, 2023, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is at the moment $ 1.14T after a -1.73% lower on the day. The entire crypto buying and selling quantity declined by -1.73% in the identical time-frame.

Bitcoin is buying and selling at $ 27,552 after seeing a -2.51% loss within the final 24 hours. The Bitcoin dominance fell by -0.25% and BTC at the moment represents 46.81% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 533.53B after shedding -2.51% within the final 24 hours. In keeping with our forecast, the worth of Bitcoin will drop by -7.06% and attain $ 25,607 by Could 14, 2023. To study extra about how the value of Bitcoin may change over the subsequent 7 days, go to our Bitcoin value prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,854.75 and has a market capitalization of $ 223.36B. ETH decreased by -1.40% within the final 24 hours. Should you’re focused on the place the value of Ethereum may head subsequent, take a look at the Ethereum value prediction.

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Bears Dominate the Market Right this moment

The bears dominated the market as we speak as 90% of cash misplaced worth within the final 24 hours.

Right this moment’s Prime Gainers are tomiNet, Bitcoin SV, and Bitget Token

Due to a 18.34% value enhance, tomiNet was the largest gainer of the day among the many prime 200 cryptocurrencies by market cap. Bitcoin SV got here in second place, with 24-hour positive aspects of 13.55%. Bitget Token, Lido DAO Token and Kava full as we speak’s listing of the highest cryptocurrency gainers.

Right this moment’s Prime Losers are PepeCoin, WOO Community, and Magic

Sadly, not all cash carried out properly as we speak. The worst performer within the cryptocurrency prime 200 was PepeCoin, which noticed a lack of -23.45%. WOO Community additionally did not carry out properly, as its value declined by -13.26% within the final 24 hours. Magic, Floki Inu and UMA spherical out as we speak’s prime 5 worst performers.

Coin of the Day is Bitget Token

Due to its spectacular 13.55% efficiency, Bitget Token is as we speak’s coin of the day! Bitget Token is at the moment buying and selling at $ 0.445506. Be taught extra about Bitget Token and its place out there on our Bitget Token value prediction web page.

Our technical indicators present that the present Bitget Token sentiment is Bullish.

Purchase/Promote Bitget Token

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