Key highlights:
- The total cryptocurrency market cap decreased from $ 1.35T to $ 1.31T in the past 24 hours, representing a -2.58% change
- The Bitcoin price at press time is $ 29,342 after falling by -3.19% in the last 24 hours
- The total crypto trading volume decreased by -2.58% in the past 24 hours, and is currently at $ 283.77B
- All prices and changes are presented at the time of publication: May 24, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.31T after a -2.58% decrease on the day. The total crypto trading volume declined by -2.58% in the same time frame.
Bitcoin is trading at $ 29,342 after seeing a -3.19% loss in the last 24 hours.The Bitcoin dominance fell by -0.43% and BTC currently represents 42.50% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 558.90B after losing -3.19% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.16% and reach $ 29,975 by May 29, 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 $ 1,999.85 and has a market capitalization of $ 241.78B. ETH decreased by -2.92% 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.
- Wrapped Bitcoin, which was previously ranked 10, is ranked at 9.
- Avalanche, which was previously ranked 9, is ranked at 10.
Bulls Dominate the Market Today
The bulls dominated the market today as 69% of coins gained value in the last 24 hours.
Today’s Top Gainers are Anchor Protocol, Bitcoin Gold, and Loopring
Thanks to a 110.56% price increase, Anchor Protocol was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Bitcoin Gold came in second place, with 24-hour gains of 18.06%. Loopring, Medibloc and WINkLink complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Compound USD Coin, Kyber Network Crystal, and Lido DAO Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Compound USD Coin, which saw a loss of -12.94%. Kyber Network Crystal also didn’t perform well, as its price declined by -11.47% in the last 24 hours. Lido DAO Token, Pocket Network and Tenset round out today’s top 5 worst performers.
Coin of the Day is Loopring
Thanks to its impressive 11.04% performance, Loopring is today’s coin of the day! Loopring is currently trading at $ 0.569334. Learn more about Loopring and its position in the market on our Loopring price prediction page.
Our technical indicators show that the current Loopring sentiment is Neutral.
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