POLY up +15.36%, BTC +0.01%, Sui Crypto is The Coin of The Day – Daily Market Update for Aug 23, 2023 | CoinCodex

Key highlights:

• The full cryptocurrency market cap decreased from $ 1.06T to $ 1.06T up to now 24 hours, representing a -0.52% change
• The Bitcoin worth at press time is $ 26,045 after rising by 0.01% within the final 24 hours
• The full crypto buying and selling quantity decreased by -0.52% up to now 24 hours, and is at the moment at $ 166.99B
• All costs and adjustments are introduced on the time of publication: August 23, 2023, at 06:00 UTC

Market Overview

The full cryptocurrency market cap is at the moment $ 1.06T after a -0.52% lower on the day. The full crypto buying and selling quantity declined by -0.52% in the identical timeframe.

Bitcoin is buying and selling at $ 26,045 after seeing a 0.01% acquire within the final 24 hours. The Bitcoin dominance grew by 0.25% and BTC at the moment represents 47.93% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 506.88B after gaining 0.01% within the final 24 hours. Based on our forecast, the worth of Bitcoin will drop by -0.73% and attain $ 25,854 by August 28, 2023. To study extra about how the value of Bitcoin might 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 $ 1,640.84 and has a market capitalization of $ 197.60B. ETH decreased by -1.79% within the final 24 hours. Should you’re focused on the place the value of Ethereum might head subsequent, take a look at the Ethereum worth prediction.

There have been additionally some adjustments at this time within the rating among the many prime 10 largest cash by market cap.

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

Bears Dominate the Market At present

The bears dominated the market at this time as 87% of cash misplaced worth within the final 24 hours.

At present’s High Gainers are Polymath, Sui Crypto, and SafePal

Due to a 15.36% worth improve, Polymath was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. Sui Crypto got here in second place, with 24-hour positive aspects of 12.45%. SafePal, DeFiChain and Beldex full at this time’s listing of the highest cryptocurrency gainers.

At present’s High Losers are Kaspa, Benefit Circle, and THORChain

Sadly, not all cash carried out properly at this time. The worst performer within the cryptocurrency prime 200 was Kaspa, which noticed a lack of -8.08%. Benefit Circle additionally did not carry out properly, as its worth declined by -8.60% within the final 24 hours. THORChain, Maker and Frax Share spherical out at this time’s prime 5 worst performers.

Coin of the Day is Sui Crypto

Due to its spectacular 12.45% efficiency, Sui Crypto is at this time’s coin of the day! Sui Crypto is at the moment buying and selling at $ 0.574011. Study extra about Sui Crypto and its place out there on our Sui Crypto worth prediction web page.

Our technical indicators present that the present Sui Crypto sentiment is Bullish.

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