Key highlights:
- The total cryptocurrency market cap increased from $ 1.03T to $ 1.04T in the past 24 hours, representing a 0.55% change
- The Bitcoin price at press time is $ 22,458 after growing by 0.39% in the last 24 hours
- The total crypto trading volume increased by 0.55% in the past 24 hours, and is currently at $ 128.66B
- All prices and changes are presented at the time of publication: March 7, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.04T after a 0.55% increase on the day. The total crypto trading volume increased by 0.55% in the same time frame.
Bitcoin is trading at $ 22,458 after seeing a 0.39% gain in the last 24 hours. The Bitcoin dominance fell by -0.11% and BTC currently represents 41.55% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 431.58B after gaining 0.39% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.90% and reach $ 23,783 by March 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 $ 1,574.95 and has a market capitalization of $ 192.73B. ETH increased by 0.95% 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 72% of coins lost value in the last 24 hours.
Today’s Top Gainers are Magic, Decentraland, and Everscale
Thanks to a 12.66% price increase, Magic was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Decentraland came in second place, with 24-hour gains of 6.77%. Everscale, Enjin Coin and GMX complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Liquity, GOLD FINCH, and Maker
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Liquity, which saw a loss of -14.85%. GOLD FINCH also didn’t perform well, as its price declined by -3.69% in the last 24 hours. Maker, Stacks and Telcoin round out today’s top 5 worst performers.
Coin of the Day is GMX
Thanks to its impressive 7.39% performance, GMX is today’s coin of the day! GMX is currently trading at $ 72.31. Learn more about GMX and its position in the market on our GMX price prediction page.
Our technical indicators show that the current GMX sentiment is Bullish.