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LUNC up +42.41%, BTC -1.42%, Terra Classic is The Coin of The Day - Daily Market Update for Sep 01, 2022

source-logo  coincodex.com 01 September 2022 09:40, UTC

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.03T to $ 1.01T in the past 24 hours, representing a -2.13% change
  • The Bitcoin price at press time is $ 20,050 after falling by -1.42% in the last 24 hours
  • The total crypto trading volume decreased by -2.13% in the past 24 hours, and is currently at $ 194.49B
  • All prices and changes are presented at the time of publication: September 1, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.01T after a -2.13% decrease on the day. The total crypto trading volume declined by -2.13% in the same time frame.

Bitcoin is trading at $ 20,050 after seeing a -1.42% loss in the last 24 hours.The Bitcoin dominance grew by 0.28% and BTC currently represents 38.03% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 383.72B after losing -1.42% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.92% and reach $ 19,866 by September 6, 2022. 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 $ 1,572.56 and has a market capitalization of $ 192.16B. ETH decreased by -3.06% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

  • Polygon, which was previously ranked 10, is ranked at 9.
  • SHIBA INU, which was previously ranked 9, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 80% of coins lost value in the last 24 hours.

Today's Top Gainers are Terra Classic, TerraClassicUSD, and MXC

Thanks to a 42.41% price increase, Terra Classic was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. TerraClassicUSD came in second place, with 24-hour gains of 20.48%. MXC, BORA and eCash complete today's list of the top cryptocurrency gainers.

Today's Top Losers are IoTeX, Helium, and Maker

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was IoTeX, which saw a loss of -8.12%. Helium also didn't perform well, as its price declined by -8.89% in the last 24 hours. Maker, Voyager Token and Civic round out today's top 5 worst performers.

Swachhcoin reached new All-Time High after gaining +0.00% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

  • Swachhcoin's new ATH is $ 0.665011

Congratulations to the HODLers!

Coin of the Day is Terra Classic

Thanks to its impressive 42.41% performance, Terra Classic is today's coin of the day! Terra Classic is currently trading at $ 0.000224. Learn more about Terra Classic and its position in the market on our Terra Classic price prediction page.

Our technical indicators show that the current Terra Classic sentiment is Neutral.

coincodex.com