IDEX up +142.77%, BTC -12.51%, Near Protocol is The Coin of The Day - Daily Market Update for Sep 08, 2021

Key highlights:

• The total cryptocurrency market cap decreased from $ 2.41T to $ 2.11T in the past 24 hours, representing a -12.38% change
• The Bitcoin price at press time is $ 46,073 after falling by -12.51% in the last 24 hours
• The total crypto trading volume decreased by -12.38% in the past 24 hours, and is currently at $ 665.69B
• All prices and changes are presented at the time of publication: September 8, 2021, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 2.11T after a -12.38% decrease on the day. The total crypto trading volume declined by -12.38% in the same time frame.

Bitcoin is trading at $ 46,073 after seeing a -12.51% loss in the last 24 hours.The Bitcoin dominance fell by 0.00% and BTC currently represents 41.03% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 866.63B after losing -12.51% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -9.21% and reach $ 41,831 by September 13, 2021. 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 $ 3,424.36 and has a market capitalization of $ 402.14B. ETH decreased by -12.92% 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.

• Tether, which was previously ranked 6, is ranked at 5.
• XRP, which was previously ranked 5, is ranked at 6.

Bulls Dominate the Market Today

The bulls dominated the market today as 54% of coins gained value in the last 24 hours.

Today's Top Gainers are IDEX, Near Protocol, and Oasis Network

Thanks to a 142.77% price increase, IDEX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Near Protocol came in second place, with 24-hour gains of 32.68%. Oasis Network, Fetch.ai and Harmony complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Swipe, Theta Token, and BakerySwap

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Swipe, which saw a loss of -33.12%. Theta Token also didn't perform well, as its price declined by -29.98% in the last 24 hours. BakerySwap, SKALE and Dent round out today's top 5 worst performers.

New ATHs

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

• Near Protocol's new ATH is $ 9.17
• Fetch.ai's new ATH is $ 1.19
• IDEX's new ATH is $ 0.782147

Congratulations to the HODLers!

Coin of the Day is Near Protocol

Thanks to its impressive 32.68% performance, Near Protocol is today's coin of the day! Near Protocol is currently trading at $ 8.25. Learn more about Near Protocol and its position in the market on our Near Protocol price prediction page.

Our technical indicators show that the current Near Protocol sentiment is Bullish.

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