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Key highlights:
- The total cryptocurrency market cap increased from $ 1.07T to $ 1.11T in the past 24 hours, representing a 4.06% change
- The Bitcoin price at press time is $ 23,810 after growing by 2.99% in the last 24 hours
- The total crypto trading volume increased by 4.06% in the past 24 hours, and is currently at $ 320.51B
- All prices and changes are presented at the time of publication: February 2, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.11T after a 4.06% increase on the day. The total crypto trading volume increased by 4.06% in the same time frame.
Bitcoin is trading at $ 23,810 after seeing a 2.99% gain in the last 24 hours. The Bitcoin dominance fell by -0.40% and BTC currently represents 41.15% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 457.55B after gaining 2.99% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -2.49% and reach $ 23,216 by February 7, 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 $ 1,681.64 and has a market capitalization of $ 205.79B. ETH increased by 5.68% 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 62% of coins lost value in the last 24 hours.
Today's Top Gainers are Magic, Loopring, and SSV Network
Thanks to a 26.53% price increase, Magic was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Loopring came in second place, with 24-hour gains of 23.48%. SSV Network, Optimism and Synthetix complete today's list of the top cryptocurrency gainers.
Today's Top Losers are Everscale, TerraClassicUSD, and UNUS SED LEO
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Everscale, which saw a loss of -10.98%. TerraClassicUSD also didn't perform well, as its price declined by -5.12% in the last 24 hours. UNUS SED LEO, Keep Network and Trust Wallet Token round out today's top 5 worst performers.
Optimism reached new All-Time High after gaining +185.78% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
- Optimism's new ATH is $ 2.79
- GMX's new ATH is $ 68.30
Congratulations to the HODLers!
Coin of the Day is Loopring
Thanks to its impressive 23.48% performance, Loopring is today's coin of the day! Loopring is currently trading at $ 0.431338. Learn more about Loopring and its position in the market on our Loopring price prediction page.
Our technical indicators show that the current Loopring sentiment is Bullish.