PLTC up +14.77%, BTC -2.79%, Compound Dai is The Coin of The Day - Daily Market Update for Jun 04, 2022

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.30T to $ 1.27T in the past 24 hours, representing a -2.58% change
• The Bitcoin price at press time is $ 29,682 after falling by -2.79% in the last 24 hours
• The total crypto trading volume decreased by -2.58% in the past 24 hours, and is currently at $ 217.69B
• All prices and changes are presented at the time of publication: June 4, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.27T 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 $ 29,682 after seeing a -2.79% loss in the last 24 hours.The Bitcoin dominance fell by -0.02% and BTC currently represents 44.51% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 565.67B after losing -2.79% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 17.78% and reach $ 34,959 by June 9, 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 $ 1,788.43 and has a market capitalization of $ 216.48B. ETH decreased by -2.70% 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 57% of coins gained value in the last 24 hours.

Today's Top Gainers are PlatonCoin, Ocean Protocol, and Compound Dai

Thanks to a 14.77% price increase, PlatonCoin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ocean Protocol came in second place, with 24-hour gains of 13.06%. Compound Dai, inSure DeFi and Titanswap complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Voyager Token, Internet Computer, and BitDAO

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Voyager Token, which saw a loss of -20.65%. Internet Computer also didn't perform well, as its price declined by -14.06% in the last 24 hours. BitDAO, TerraClassicUSD and LooksRare round out today's top 5 worst performers.

PlatonCoin reached new All-Time High after gaining +36.41% in the last month

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

• PlatonCoin's new ATH is $ 1.24

Congratulations to the HODLers!

Coin of the Day is Compound Dai

Thanks to its impressive 8.45% performance, Compound Dai is today's coin of the day! Compound Dai is currently trading at $ 0.022109. Learn more about Compound Dai and its position in the market on our Compound Dai price prediction page.

Our technical indicators show that the current Compound Dai sentiment is Bullish.

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