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Key highlights:
- The total cryptocurrency market cap increased from $ 1.06T to $ 1.07T in the past 24 hours, representing a 1.36% change
- The Bitcoin price at press time is $ 23,118 after growing by 1.51% in the last 24 hours
- The total crypto trading volume increased by 1.36% in the past 24 hours, and is currently at $ 240.15B
- All prices and changes are presented at the time of publication: February 1, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.07T after a 1.36% increase on the day. The total crypto trading volume increased by 1.36% in the same time frame.
Bitcoin is trading at $ 23,118 after seeing a 1.51% gain in the last 24 hours. The Bitcoin dominance grew by 0.04% and BTC currently represents 41.46% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 444.27B after gaining 1.51% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.69% and reach $ 22,728 by February 6, 2023. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.
Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,591.29 and has a market capitalization of $ 194.73B. ETH increased by 0.84% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
Bears Dominate the Market Today
The bears dominated the market today as 74% of coins lost value in the last 24 hours.
Today's Top Gainers are dYdX, Render Token, and Keep Network
Thanks to a 31.72% price increase, dYdX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Render Token came in second place, with 24-hour gains of 26.27%. Keep Network, Injective Protocol and TerraClassicUSD complete today's list of the top cryptocurrency gainers.
Today's Top Losers are Everscale, Voyager Token, and Celsius Network
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Everscale, which saw a loss of -7.92%. Voyager Token also didn't perform well, as its price declined by -5.70% in the last 24 hours. Celsius Network, Polymath and Amp round out today's top 5 worst performers.
Coin of the Day is Render Token
Thanks to its impressive 26.27% performance, Render Token is today's coin of the day! Render Token is currently trading at $ 1.49. Learn more about Render Token and its position in the market on our Render Token price prediction page.
Our technical indicators show that the current Render Token sentiment is Bullish.