Key highlights:
- The total cryptocurrency market cap increased from $ 1.66T to $ 1.67T in the past 24 hours, representing a 0.56% change
- The Bitcoin price at press time is $ 43,028 after growing by 0.57% in the last 24 hours
- The total crypto trading volume increased by 0.56% in the past 24 hours, and is currently at $ 152.39B
- All prices and changes are presented at the time of publication: February 7, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.67T after a 0.56% increase on the day. The total crypto trading volume increased by 0.56% in the same time frame.
Bitcoin is trading at $ 43,028 after seeing a 0.57% gain in the last 24 hours. The Bitcoin dominance fell by -0.23% and BTC currently represents 50.56% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 844.23B after gaining 0.57% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 10.66% and reach $ 47,617 by February 12, 2024. 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 $ 2,373.19 and has a market capitalization of $ 285.21B. ETH increased by 2.31% 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.
- TRON, which was previously ranked 10, is ranked at 8.
- Dogecoin, which was previously ranked 8, is ranked at 9.
- Chainlink, which was previously ranked 9, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 80% of coins lost value in the last 24 hours.
Today’s Top Gainers are Space ID, Assemble Protocol, and Chromia
Thanks to a 82.19% price increase, Space ID was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Assemble Protocol came in second place, with 24-hour gains of 20.61%. Chromia, Cartesi and Decentralized Social complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Monero, Huobi Token, and Zcash
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Monero, which saw a loss of -26.20%. Huobi Token also didn’t perform well, as its price declined by -12.29% in the last 24 hours. Zcash, Frax Share and Flare round out today’s top 5 worst performers.
Coin of the Day is WOO Network
Thanks to its impressive 5.17% performance, WOO Network is today’s coin of the day! WOO Network is currently trading at $ 0.353694. Learn more about WOO Network and its position in the market on our WOO Network price prediction page.
Our technical indicators show that the current WOO Network sentiment is Bullish.
