Key highlights:
- The total cryptocurrency market cap increased from $ 1.77T to $ 1.85T in the past 24 hours, representing a 4.61% change
- The Bitcoin price at press time is $ 39,611 after growing by 3.98% in the last 24 hours
- The total crypto trading volume increased by 4.61% in the past 24 hours, and is currently at $ 301.63B
- All prices and changes are presented at the time of publication: May 5, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.85T after a 4.61% increase on the day. The total crypto trading volume increased by 4.61% in the same time frame.
Bitcoin is trading at $ 39,611 after seeing a 3.98% gain in the last 24 hours.The Bitcoin dominance fell by -0.46% and BTC currently represents 40.70% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 753.83B after gaining 3.98% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.69% and reach $ 41,863 by May 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 $ 2,936.18 and has a market capitalization of $ 354.25B. ETH increased by 4.88% 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.
- XRP, which was previously ranked 6, is ranked at 5.
- Terra, which was previously ranked 5, is ranked at 6.
- Avalanche, which was previously ranked 9, is ranked at 8.
- Dogecoin, which was previously ranked 8, is ranked at 9.
Bulls Dominate the Market Today
The bulls dominated the market today as 86% of coins gained value in the last 24 hours.
Today’s Top Gainers are Zilliqa, Waves, and LooksRare
Thanks to a 37.17% price increase, Zilliqa was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Waves came in second place, with 24-hour gains of 33.39%. LooksRare, TRON and THORChain complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Compound Dai, Mines of Dalarnia, and Safe
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Compound Dai, which saw a loss of -6.48%. Mines of Dalarnia also didn’t perform well, as its price declined by -4.58% in the last 24 hours. Safe, Astar and Green Metaverse Token round out today’s top 5 worst performers.
Coin of the Day is Zilliqa
Thanks to its impressive 37.17% performance, Zilliqa is today’s coin of the day! Zilliqa is currently trading at $ 0.092879. Learn more about Zilliqa and its position in the market on our Zilliqa price prediction page.
Our technical indicators show that the current Zilliqa sentiment is Bullish.
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