TOMI up +19.38%, BTC -0.78%, SafePal is The Coin of The Day - Daily Market Update for Sep 05, 2023

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.06T to $ 1.05T in the past 24 hours, representing a -0.89% change
• The Bitcoin price at press time is $ 25,733 after falling by -0.78% in the last 24 hours
• The total crypto trading volume decreased by -0.89% in the past 24 hours, and is currently at $ 107.76B
• All prices and changes are presented at the time of publication: September 5, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.05T after a -0.89% decrease on the day. The total crypto trading volume declined by -0.89% in the same time frame.

Bitcoin is trading at $ 25,733 after seeing a -0.78% loss in the last 24 hours. The Bitcoin dominance fell by -0.02% and BTC currently represents 47.83% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 501.19B after losing -0.78% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.24% and reach $ 25,414 by September 10, 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 $ 1,628.12 and has a market capitalization of $ 195.73B. ETH decreased by -0.70% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 87% of coins lost value in the last 24 hours.

Today's Top Gainers are tomiNet, Terra, and Kadena

Thanks to a 19.38% price increase, tomiNet was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Terra came in second place, with 24-hour gains of 8.28%. Kadena, SafePal and TomoChain complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Worldcoin, Baby Doge Coin, and Livepeer

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Worldcoin, which saw a loss of -8.42%. Baby Doge Coin also didn't perform well, as its price declined by -7.29% in the last 24 hours. Livepeer, Astar and Shiba Inu round out today's top 5 worst performers.

Coin of the Day is SafePal

Thanks to its impressive 5.54% performance, SafePal is today's coin of the day! SafePal is currently trading at $ 0.581088. Learn more about SafePal and its position in the market on our SafePal price prediction page.

Our technical indicators show that the current SafePal sentiment is Bullish.

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