Key highlights:
- The total cryptocurrency market cap increased from $ 1.30T to $ 1.31T in the past 24 hours, representing a 0.61% change
- The Bitcoin price at press time is $ 29,370 after growing by 0.26% in the last 24 hours
- The total crypto trading volume increased by 0.61% in the past 24 hours, and is currently at $ 162.22B
- All prices and changes are presented at the time of publication: May 22, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.31T after a 0.61% increase on the day. The total crypto trading volume increased by 0.61% in the same time frame.
Bitcoin is trading at $ 29,370 after seeing a 0.26% gain in the last 24 hours.The Bitcoin dominance fell by -0.11% and BTC currently represents 42.84% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 559.38B after gaining 0.26% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.20% and reach $ 29,722 by May 27, 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 $ 1,989.67 and has a market capitalization of $ 240.50B. ETH increased by 0.40% 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 81% of coins gained value in the last 24 hours.
Today’s Top Gainers are Terra, ConstitutionDAO, and WEMIX Token
Thanks to a 50.91% price increase, Terra was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. ConstitutionDAO came in second place, with 24-hour gains of 33.81%. WEMIX Token, BORA and Fantom complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are LooksRare, Ethereum Name Service, and Celsius Network
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was LooksRare, which saw a loss of -7.17%. Ethereum Name Service also didn’t perform well, as its price declined by -5.00% in the last 24 hours. Celsius Network, Titanswap and Everscale round out today’s top 5 worst performers.
Coin of the Day is Terra
Thanks to its impressive 50.91% performance, Terra is today’s coin of the day! Terra is currently trading at $ 0.000171. Learn more about Terra and its position in the market on our Terra price prediction page.
Our technical indicators show that the current Terra sentiment is Bearish.
Buy/Sell Terra
