PEPE up +46.72%, BTC +0.46%, PepeCoin is The Coin of The Day – Daily Market Update for May 06, 2023 | CoinCodex

Key highlights:

• The entire cryptocurrency market cap elevated from $ 1.19T to $ 1.21T previously 24 hours, representing a 1.21% change
• The Bitcoin value at press time is $ 29,333 after rising by 0.46% within the final 24 hours
• The entire crypto buying and selling quantity elevated by 1.21% previously 24 hours, and is at present at $ 236.77B
• All costs and modifications are offered on the time of publication: Might 6, 2023, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is at present $ 1.21T after a 1.21% enhance on the day. The entire crypto buying and selling quantity elevated by 1.21% in the identical timeframe.

Bitcoin is buying and selling at $ 29,333 after seeing a 0.46% achieve within the final 24 hours. The Bitcoin dominance fell by -0.34% and BTC at present represents 46.96% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 568.02B after gaining 0.46% within the final 24 hours. Based on our forecast, the worth of Bitcoin will drop by -7.06% and attain $ 27,262 by Might 11, 2023. To be taught extra about how the worth 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 $ 1,964.70 and has a market capitalization of $ 236.61B. ETH elevated by 3.64% within the final 24 hours. In the event you’re concerned with the place the worth of Ethereum may head subsequent, try the Ethereum value prediction.

There have been additionally some modifications at this time within the rating among the many high 10 greatest cash by market cap.

• TRON, which was beforehand ranked 10, is ranked at 9.
• Litecoin, which was beforehand ranked 9, is ranked at 10.

Bears Dominate the Market Right this moment

The bears dominated the market at this time as 77% of cash misplaced worth within the final 24 hours.

Right this moment’s High Gainers are PepeCoin, Floki Inu, and UMA

Due to a 46.72% value enhance, PepeCoin was the largest gainer of the day among the many high 200 cryptocurrencies by market cap. Floki Inu got here in second place, with 24-hour features of 36.69%. UMA, SSV Community and Jasmy full at this time’s checklist of the highest cryptocurrency gainers.

Right this moment’s High Losers are Radicle, Open Campus, and PancakeSwap

Sadly, not all cash carried out effectively at this time. The worst performer within the cryptocurrency high 200 was Radicle, which noticed a lack of -36.04%. Open Campus additionally did not carry out effectively, as its value declined by -7.97% within the final 24 hours. PancakeSwap, Decred and Optimism spherical out at this time’s high 5 worst performers.

Coin of the Day is PepeCoin

Due to its spectacular 46.72% efficiency, PepeCoin is at this time’s coin of the day! PepeCoin is at present buying and selling at $ 0.000003. Be taught extra about PepeCoin and its place available in the market on our PepeCoin value prediction web page.

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

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