Key highlights:
- The total cryptocurrency market cap decreased from $ 1.81T to $ 1.76T in the past 24 hours, representing a -2.57% change
- The Bitcoin price at press time is $ 38,053 after falling by -1.69% in the last 24 hours
- The total crypto trading volume decreased by -2.57% in the past 24 hours, and is currently at $ 275.07B
- All prices and changes are presented at the time of publication: May 1, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.76T after a -2.57% decrease on the day. The total crypto trading volume declined by -2.57% in the same time frame.
Bitcoin is trading at $ 38,053 after seeing a -1.69% loss in the last 24 hours.The Bitcoin dominance grew by 0.39% and BTC currently represents 41.15% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 724.03B after losing -1.69% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 6.95% and reach $ 40,696 by May 6, 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 $ 2,786.59 and has a market capitalization of $ 336.06B. ETH decreased by -1.85% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
Bulls Dominate the Market Today
The bulls dominated the market today as 51% of coins gained value in the last 24 hours.
Today’s Top Gainers are NuCypher, Render Token, and Ethereum Name Service
Thanks to a 49.41% price increase, NuCypher was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Render Token came in second place, with 24-hour gains of 17.89%. Ethereum Name Service, Compound Ether and BinaryX complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Mines of Dalarnia, Fantom, and MobileCoin
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Mines of Dalarnia, which saw a loss of -21.84%. Fantom also didn’t perform well, as its price declined by -17.23% in the last 24 hours. MobileCoin, Kava and Oasis Network round out today’s top 5 worst performers.
Coin of the Day is Compound Ether
Thanks to its impressive 9.02% performance, Compound Ether is today’s coin of the day! Compound Ether is currently trading at $ 55.72. Learn more about Compound Ether and its position in the market on our Compound Ether price prediction page.
Our technical indicators show that the current Compound Ether sentiment is Bearish.
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