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USTC up +12.74%, BTC -0.44%, Kaspa is The Coin of The Day - Daily Market Update for Jun 04, 2023

4M ago





Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.16T to $ 1.16T in the past 24 hours, representing a -0.22% change
  • The Bitcoin price at press time is $ 27,039 after falling by -0.44% in the last 24 hours
  • The total crypto trading volume decreased by -0.22% in the past 24 hours, and is currently at $ 94.32B
  • All prices and changes are presented at the time of publication: June 4, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.16T after a -0.22% decrease on the day. The total crypto trading volume declined by -0.22% in the same time frame.

Bitcoin is trading at $ 27,039 after seeing a -0.44% loss in the last 24 hours. The Bitcoin dominance fell by -0.13% and BTC currently represents 45.39% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 524.34B after losing -0.44% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 7.02% and reach $ 28,936 by June 9, 2023. 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 $ 1,892.31 and has a market capitalization of $ 227.89B. ETH decreased by -0.50% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 84% of coins lost value in the last 24 hours.

Today's Top Gainers are TerraClassicUSD, Kaspa, and Beldex

Thanks to a 12.74% price increase, TerraClassicUSD was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Kaspa came in second place, with 24-hour gains of 8.85%. Beldex, Terra Classic and JUST complete today's list of the top cryptocurrency gainers.

Today's Top Losers are JOE, ABBC COIN, and Conflux Network

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was JOE, which saw a loss of -5.03%. ABBC COIN also didn't perform well, as its price declined by -4.37% in the last 24 hours. Conflux Network, Alchemy Pay and Magic round out today's top 5 worst performers.

Coin of the Day is Kaspa

Thanks to its impressive 8.85% performance, Kaspa is today's coin of the day! Kaspa is currently trading at $ 0.016736. Learn more about Kaspa and its position in the market on our Kaspa price prediction page.

Our technical indicators show that the current Kaspa sentiment is Neutral.

Buy/Sell Kaspa

4M ago




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