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LUNA up +192.92%, BTC +4.96%, Terra is The Coin of The Day - Daily Market Update for Sep 10, 2022

source-logo  coincodex.com 10 September 2022 09:35, UTC

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.05T to $ 1.08T in the past 24 hours, representing a 2.92% change
  • The Bitcoin price at press time is $ 21,543 after growing by 4.96% in the last 24 hours
  • The total crypto trading volume increased by 2.92% in the past 24 hours, and is currently at $ 260.69B
  • All prices and changes are presented at the time of publication: September 10, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.08T after a 2.92% increase on the day. The total crypto trading volume increased by 2.92% in the same time frame.

Bitcoin is trading at $ 21,543 after seeing a 4.96% gain in the last 24 hours.The Bitcoin dominance grew by 0.55% and BTC currently represents 38.09% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 412.46B after gaining 4.96% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.27% and reach $ 21,601 by September 15, 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 $ 1,754.26 and has a market capitalization of $ 214.56B. ETH increased by 3.15% 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.

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

Bears Dominate the Market Today

The bears dominated the market today as 57% of coins lost value in the last 24 hours.

Today's Top Gainers are Terra, TerraClassicUSD, and Ravencoin

Thanks to a 192.92% price increase, Terra 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 54.28%. Ravencoin, Cosmos and Green Metaverse Token complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Terra Classic, Polymath, and Voyager Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Terra Classic, which saw a loss of -18.95%. Polymath also didn't perform well, as its price declined by -10.69% in the last 24 hours. Voyager Token, Bitcoin Standard Hashrate Token and Golem round out today's top 5 worst performers.

Coin of the Day is Terra

Thanks to its impressive 192.92% performance, Terra is today's coin of the day! Terra is currently trading at $ 5.80. Learn more about Terra and its position in the market on our Terra price prediction page.

Our technical indicators show that the current Terra sentiment is Bullish.

coincodex.com