Key highlights:
- The total cryptocurrency market cap decreased from $ 1.35T to $ 1.31T in the past 24 hours, representing a -3.14% change
- The Bitcoin price at press time is $ 29,475 after falling by -3.61% in the last 24 hours
- The total crypto trading volume decreased by -3.14% in the past 24 hours, and is currently at $ 382.81B
- All prices and changes are presented at the time of publication: May 14, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.31T after a -3.14% decrease on the day. The total crypto trading volume declined by -3.14% in the same time frame.
Bitcoin is trading at $ 29,475 after seeing a -3.61% loss in the last 24 hours.The Bitcoin dominance fell by -0.04% and BTC currently represents 42.97% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 561.19B after losing -3.61% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.77% and reach $ 28,364 by May 19, 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 $ 2,039.10 and has a market capitalization of $ 246.26B. ETH decreased by -3.37% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
There were also some changes today in the ranking among the top 10 biggest coins by market cap.
- Solana, which was previously ranked 6, is ranked at 5.
- Cardano, which was previously ranked 5, is ranked at 6.
- Polkadot, which was previously ranked 9, is ranked at 8.
- Avalanche, which was previously ranked 8, is ranked at 9.
Bulls Dominate the Market Today
The bulls dominated the market today as 57% of coins gained value in the last 24 hours.
Today’s Top Gainers are PlayDapp, NEM, and Braintrust
Thanks to a 31.29% price increase, PlayDapp was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. NEM came in second place, with 24-hour gains of 25.06%. Braintrust, Decentraland and MXC complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Terra, Marinade staked SOL, and Telcoin
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Terra, which saw a loss of -47.60%. Marinade staked SOL also didn’t perform well, as its price declined by -32.72% in the last 24 hours. Telcoin, LooksRare and Render Token round out today’s top 5 worst performers.
Coin of the Day is NEM
Thanks to its impressive 25.06% performance, NEM is today’s coin of the day! NEM is currently trading at $ 0.057900. Learn more about NEM and its position in the market on our NEM price prediction page.
Our technical indicators show that the current NEM sentiment is Bearish.
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