Key highlights:
- The total cryptocurrency market cap increased from $ 1.08T to $ 1.09T in the past 24 hours, representing a 0.67% change
- The Bitcoin price at press time is $ 22,936 after growing by 0.72% in the last 24 hours
- The total crypto trading volume increased by 0.67% in the past 24 hours, and is currently at $ 233.69B
- All prices and changes are presented at the time of publication: February 7, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.09T after a 0.67% increase on the day. The total crypto trading volume increased by 0.67% in the same time frame.
Bitcoin is trading at $ 22,936 after seeing a 0.72% gain in the last 24 hours. The Bitcoin dominance grew by 0.07% and BTC currently represents 40.62% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 440.76B after gaining 0.72% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -14.20% and reach $ 19,679 by February 12, 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 $ 1,642.51 and has a market capitalization of $ 201.00B. ETH increased by 0.85% 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 71% of coins lost value in the last 24 hours.
Today's Top Gainers are SingularityNET, Ocean Protocol, and Frax Share
Thanks to a 36.42% price increase, SingularityNET was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ocean Protocol came in second place, with 24-hour gains of 29.41%. Frax Share, Fetch.ai and Numeraire complete today's list of the top cryptocurrency gainers.
Today's Top Losers are TerraClassicUSD, UNUS SED LEO, and ICON
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was TerraClassicUSD, which saw a loss of -11.04%. UNUS SED LEO also didn't perform well, as its price declined by -6.04% in the last 24 hours. ICON, dYdX and XinFin Network round out today's top 5 worst performers.
Coin of the Day is SingularityNET
Thanks to its impressive 36.42% performance, SingularityNET is today's coin of the day! SingularityNET is currently trading at $ 0.590280. Learn more about SingularityNET and its position in the market on our SingularityNET price prediction page.
Our technical indicators show that the current SingularityNET sentiment is Bullish.