Key highlights:
- The total cryptocurrency market cap decreased from $ 1.06T to $ 1.06T in the past 24 hours, representing a -0.09% change
- The Bitcoin price at press time is $ 25,963 after falling by -0.27% in the last 24 hours
- The total crypto trading volume decreased by -0.09% in the past 24 hours, and is currently at $ 90.40B
- All prices and changes are presented at the time of publication: August 28, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.06T after a -0.09% decrease on the day. The total crypto trading volume declined by -0.09% in the same time frame.
Bitcoin is trading at $ 25,963 after seeing a -0.27% loss in the last 24 hours. The Bitcoin dominance fell by -0.09% and BTC currently represents 47.61% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 505.28B after losing -0.27% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.10% and reach $ 26,249 by September 2, 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 $ 1,649.44 and has a market capitalization of $ 198.64B. ETH decreased by -0.50% 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.
- Cardano, which was previously ranked 6, is ranked at 5.
- Dogecoin, which was previously ranked 5, is ranked at 6.
- Litecoin, which was previously ranked 11, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 84% of coins lost value in the last 24 hours.
Today’s Top Gainers are Akash Network, Tezos, and WEMIX Token
Thanks to a 6.80% price increase, Akash Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Tezos came in second place, with 24-hour gains of 2.12%. WEMIX Token, aelf and tomiNet complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are ECOMI, Decred, and Theta Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was ECOMI, which saw a loss of -15.03%. Decred also didn’t perform well, as its price declined by -7.99% in the last 24 hours. Theta Token, Ethereum PoW and Merit Circle round out today’s top 5 worst performers.
Coin of the Day is Akash Network
Thanks to its impressive 6.80% performance, Akash Network is today’s coin of the day! Akash Network is currently trading at $ 1.23. Learn more about Akash Network and its position in the market on our Akash Network price prediction page.
Our technical indicators show that the current Akash Network sentiment is Neutral.