POLY up +17.09%, BTC -1.57%, FTX Token is The Coin of The Day – Daily Market Update for Aug 01, 2023 | CoinCodex
Key highlights:
- The overall cryptocurrency market cap decreased from $ 1.20T to $ 1.17T up to now 24 hours, representing a -1.92% change
- The Bitcoin worth at press time is $ 28,920 after falling by -1.57% within the final 24 hours
- The overall crypto buying and selling quantity decreased by -1.92% up to now 24 hours, and is presently at $ 157.72B
- All costs and adjustments are offered on the time of publication: August 1, 2023, at 06:00 UTC
Market Overview
The overall cryptocurrency market cap is presently $ 1.17T after a -1.92% lower on the day. The overall crypto buying and selling quantity declined by -1.92% in the identical timeframe.
Bitcoin is buying and selling at $ 28,920 after seeing a -1.57% loss within the final 24 hours. The Bitcoin dominance grew by 0.12% and BTC presently represents 47.94% of the cryptocurrency market.
Prime Cash By Market Cap
At press time, Bitcoin has a market capitalization of $ 562.29B after shedding -1.57% within the final 24 hours. In accordance with our forecast, the worth of Bitcoin will increase by 0.58% and attain $ 29,088 by August 6, 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 $ 1,833.50 and has a market capitalization of $ 220.81B. ETH decreased by -1.73% within the final 24 hours. In the event you’re focused on the place the value of Ethereum might head subsequent, take a look at the Ethereum worth prediction.
Bears Dominate the Market Right now
The bears dominated the market at present as 89% of cash misplaced worth within the final 24 hours.
Right now’s Prime Gainers are Polymath, Bitcoin Gold, and FTX Token
Due to a 17.09% worth enhance, Polymath was the most important gainer of the day among the many high 200 cryptocurrencies by market cap. Bitcoin Gold got here in second place, with 24-hour beneficial properties of 7.13%. FTX Token, Bone ShibaSwap and Helium full at present’s checklist of the highest cryptocurrency gainers.
Right now’s Prime Losers are Curve DAO Token, Compound, and Convex Finance
Sadly, not all cash carried out properly at present. The worst performer within the cryptocurrency high 200 was Curve DAO Token, which noticed a lack of -18.08%. Compound additionally did not carry out properly, as its worth declined by -18.39% within the final 24 hours. Convex Finance, Frax Share and Aave spherical out at present’s high 5 worst performers.
Coin of the Day is FTX Token
Due to its spectacular 7.51% efficiency, FTX Token is at present’s coin of the day! FTX Token is presently buying and selling at $ 1.45. Be taught extra about FTX Token and its place available in the market on our FTX Token worth prediction web page.
Our technical indicators present that the present FTX Token sentiment is Impartial.
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