Key highlights:
- The total cryptocurrency market cap increased from $ 1.04T to $ 1.08T in the past 24 hours, representing a 3.73% change
- The Bitcoin price at press time is $ 21,390 after growing by 4.58% in the last 24 hours
- The total crypto trading volume increased by 3.73% in the past 24 hours, and is currently at $ 420.19B
- All prices and changes are presented at the time of publication: November 5, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.08T after a 3.73% increase on the day. The total crypto trading volume increased by 3.73% in the same time frame.
Bitcoin is trading at $ 21,390 after seeing a 4.58% gain in the last 24 hours. The Bitcoin dominance grew by 0.05% and BTC currently represents 38.04% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 409.92B after gaining 4.58% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.03% and reach $ 22,464 by November 10, 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 $ 1,646.21 and has a market capitalization of $ 201.80B. ETH increased by 5.37% 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 59% of coins lost value in the last 24 hours.
Today’s Top Gainers are SwissBorg, Axie Infinity, and ConstitutionDAO
Thanks to a 26.91% price increase, SwissBorg was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Axie Infinity came in second place, with 24-hour gains of 25.22%. ConstitutionDAO, Terra Classic and Telcoin complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are UNUS SED LEO, ABBC COIN, and Injective Protocol
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was UNUS SED LEO, which saw a loss of -8.90%. ABBC COIN also didn’t perform well, as its price declined by -5.13% in the last 24 hours. Injective Protocol, Rocket Pool and SHIBA INU round out today’s top 5 worst performers.
Coin of the Day is Axie Infinity
Thanks to its impressive 25.22% performance, Axie Infinity is today’s coin of the day! Axie Infinity is currently trading at $ 11.35. Learn more about Axie Infinity and its position in the market on our Axie Infinity price prediction page.
Our technical indicators show that the current Axie Infinity sentiment is Neutral.
