MKR up +10.30%, BTC -4.48%, Maker is The Coin of The Day – Daily Market Update for Sep 01, 2023 | CoinCodex

Key highlights:

• The whole cryptocurrency market cap decreased from $ 1.10T to $ 1.06T up to now 24 hours, representing a -3.25% change
• The Bitcoin value at press time is $ 26,029 after falling by -4.48% within the final 24 hours
• The whole crypto buying and selling quantity decreased by -3.25% up to now 24 hours, and is at present at $ 175.88B
• All costs and adjustments are introduced on the time of publication: September 1, 2023, at 06:00 UTC

Market Overview

The whole cryptocurrency market cap is at present $ 1.06T after a -3.25% lower on the day. The whole crypto buying and selling quantity declined by -3.25% in the identical time-frame.

Bitcoin is buying and selling at $ 26,029 after seeing a -4.48% loss within the final 24 hours. The Bitcoin dominance fell by -0.62% and BTC at present represents 47.73% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 506.57B after dropping -4.48% within the final 24 hours. In response to our forecast, the worth of Bitcoin will drop by -0.49% and attain $ 25,902 by September 6, 2023. To be taught extra about how the value 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 $ 1,650.89 and has a market capitalization of $ 198.81B. ETH decreased by -3.29% within the final 24 hours. In the event you’re desirous about the place the value of Ethereum may head subsequent, try the Ethereum value prediction.

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

• Shiba Inu, which was beforehand ranked 11, is ranked at 10.

Bears Dominate the Market As we speak

The bears dominated the market at the moment as 91% of cash misplaced worth within the final 24 hours.

As we speak’s Prime Gainers are Maker, tomiNet, and SafePal

Because of a 10.30% value improve, Maker was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. tomiNet got here in second place, with 24-hour positive aspects of 9.24%. SafePal, TRON and dYdX full at the moment’s listing of the highest cryptocurrency gainers.

As we speak’s Prime Losers are Sei, Band Protocol, and Conflux Community

Sadly, not all cash carried out effectively at the moment. The worst performer within the cryptocurrency prime 200 was Sei, which noticed a lack of -11.32%. Band Protocol additionally did not carry out effectively, as its value declined by -7.61% within the final 24 hours. Conflux Community, Worldcoin and Stacks spherical out at the moment’s prime 5 worst performers.

Coin of the Day is Maker

Because of its spectacular 10.13% efficiency, Maker is at the moment’s coin of the day! Maker is at present buying and selling at $ 1,153.38. Study extra about Maker and its place available in the market on our Maker value prediction web page.

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

Purchase/Promote Maker