LOOM up +16.62%, BTC +0.12%, Trust Wallet Token is The Coin of The Day – Daily Market Update for Oct 08, 2023 | CoinCodex

Key highlights:

• The overall cryptocurrency market cap elevated from $ 1.10T to $ 1.11T prior to now 24 hours, representing a 0.24% change
• The Bitcoin worth at press time is $ 27,934 after rising by 0.12% within the final 24 hours
• The overall crypto buying and selling quantity elevated by 0.24% prior to now 24 hours, and is presently at $ 57.91B
• All costs and modifications are offered on the time of publication: October 8, 2023, at 06:00 UTC

Market Overview

The overall cryptocurrency market cap is presently $ 1.11T after a 0.24% improve on the day. The overall crypto buying and selling quantity elevated by 0.24% in the identical timeframe.

Bitcoin is buying and selling at $ 27,934 after seeing a 0.12% acquire within the final 24 hours. The Bitcoin dominance fell by -0.06% and BTC presently represents 49.23% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 544.91B after gaining 0.12% within the final 24 hours. Based on our forecast, the worth of Bitcoin will drop by -1.67% and attain $ 27,467 by October 13, 2023. To study extra about how the worth of Bitcoin may change over the subsequent 7 days, go to our Bitcoin worth prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,643.46 and has a market capitalization of $ 197.62B. ETH decreased by -0.29% within the final 24 hours. In case you’re serious about the place the worth of Ethereum may head subsequent, take a look at the Ethereum worth prediction.

Bears Dominate the Market At present

The bears dominated the market as we speak as 87% of cash misplaced worth within the final 24 hours.

At present’s Prime Gainers are Loom Community, Belief Pockets Token, and Moonbeam

Because of a 16.62% worth improve, Loom Community was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. Belief Pockets Token got here in second place, with 24-hour features of 12.20%. Moonbeam, Masks Community and Storj full as we speak’s record of the highest cryptocurrency gainers.

At present’s Prime Losers are Avalanche, tomiNet, and GMX

Sadly, not all cash carried out properly as we speak. The worst performer within the cryptocurrency prime 200 was Avalanche, which noticed a lack of -9.86%. tomiNet additionally did not carry out properly, as its worth declined by -6.05% within the final 24 hours. GMX, Kaspa and Conflux Community spherical out as we speak’s prime 5 worst performers.

Coin of the Day is Belief Pockets Token

Because of its spectacular 12.20% efficiency, Belief Pockets Token is as we speak’s coin of the day! Belief Pockets Token is presently buying and selling at $ 1.04. Be taught extra about Belief Pockets Token and its place out there on our Belief Pockets Token worth prediction web page.

Our technical indicators present that the present Belief Pockets Token sentiment is Bullish.

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