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KLAY up +27.65%, BTC +3.04%, Klaytn is The Coin of The Day - Daily Market Update for Oct 27, 2022

Analytics

coincodex.com 27 October 2022 08:05, UTC
  
Reading time: ~3 m

Key highlights:

  • The total cryptocurrency market cap increased from $ 993.40B to $ 1.02T in the past 24 hours, representing a 2.79% change
  • The Bitcoin price at press time is $ 20,801 after growing by 3.04% in the last 24 hours
  • The total crypto trading volume increased by 2.79% in the past 24 hours, and is currently at $ 366.43B
  • All prices and changes are presented at the time of publication: October 27, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.02T after a 2.79% increase on the day. The total crypto trading volume increased by 2.79% in the same time frame.

Bitcoin is trading at $ 20,801 after seeing a 3.04% gain in the last 24 hours. The Bitcoin dominance grew by 0.06% and BTC currently represents 39.04% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 398.63B after gaining 3.04% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.31% and reach $ 20,866 by November 1, 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 $ 1,562.52 and has a market capitalization of $ 191.54B. ETH increased by 5.28% 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 11, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 64% of coins lost value in the last 24 hours.

Today's Top Gainers are Klaytn, Dogecoin, and Mina Protocol

Thanks to a 27.65% price increase, Klaytn was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Dogecoin came in second place, with 24-hour gains of 21.49%. Mina Protocol, Krypton DAO and SSV Network complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Medibloc, Chain, and Mdex

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Medibloc, which saw a loss of -13.14%. Chain also didn't perform well, as its price declined by -8.16% in the last 24 hours. Mdex, Huobi Token and Braintrust round out today's top 5 worst performers.

Krypton DAO reached new All-Time High after gaining +240.09% in the last month

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

  • Krypton DAO's new ATH is $ 1.15

Congratulations to the HODLers!

Coin of the Day is Klaytn

Thanks to its impressive 27.65% performance, Klaytn is today's coin of the day! Klaytn is currently trading at $ 0.252422. Learn more about Klaytn and its position in the market on our Klaytn price prediction page.

Our technical indicators show that the current Klaytn sentiment is Neutral.


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