KNC up +14.05%, BTC +0.63%, Quant is The Coin of The Day – Daily Market Update for Jul 29, 2023 | CoinCodex

Key highlights:

• The full cryptocurrency market cap elevated from $ 1.19T to $ 1.20T previously 24 hours, representing a 0.70% change
• The Bitcoin value at press time is $ 29,370 after rising by 0.63% within the final 24 hours
• The full crypto buying and selling quantity elevated by 0.70% previously 24 hours, and is at present at $ 132.45B
• All costs and adjustments are introduced on the time of publication: July 29, 2023, at 06:00 UTC

Market Overview

The full cryptocurrency market cap is at present $ 1.20T after a 0.70% enhance on the day. The full crypto buying and selling quantity elevated by 0.70% in the identical time-frame.

Bitcoin is buying and selling at $ 29,370 after seeing a 0.63% achieve within the final 24 hours. The Bitcoin dominance fell by -0.04% and BTC at present represents 47.70% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 570.79B after gaining 0.63% within the final 24 hours. In line with our forecast, the worth of Bitcoin will drop by -1.61% and attain $ 28,897 by August 3, 2023. To be taught extra about how the worth of Bitcoin may change over the following 7 days, go to our Bitcoin value prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,876.48 and has a market capitalization of $ 225.98B. ETH elevated by 0.84% within the final 24 hours. If you happen to’re eager about the place the worth of Ethereum may head subsequent, take a look at the Ethereum value prediction.

Bears Dominate the Market As we speak

The bears dominated the market as we speak as 73% of cash misplaced worth within the final 24 hours.

As we speak’s High Gainers are Kyber Community Crystal, Bone ShibaSwap, and Quant

Because of a 14.05% value enhance, Kyber Community Crystal was the most important gainer of the day among the many high 200 cryptocurrencies by market cap. Bone ShibaSwap got here in second place, with 24-hour beneficial properties of 8.29%. Quant, TomoChain and Frax Share full as we speak’s record of the highest cryptocurrency gainers.

As we speak’s High Losers are Immutable X, Pendle, and tomiNet

Sadly, not all cash carried out effectively as we speak. The worst performer within the cryptocurrency high 200 was Immutable X, which noticed a lack of -6.72%. Pendle additionally did not carry out effectively, as its value declined by -5.89% within the final 24 hours. tomiNet, Astar and XinFin Community spherical out as we speak’s high 5 worst performers.

Coin of the Day is Quant

Because of its spectacular 9.17% efficiency, Quant is as we speak’s coin of the day! Quant is at present buying and selling at $ 110.69. Be taught extra about Quant and its place available in the market on our Quant value prediction web page.

Our technical indicators present that the present Quant sentiment is Bullish.

Purchase/Promote Quant