ONG up +37.76%, BTC +4.64%, Chain is The Coin of The Day - Daily Market Update for Jun 06, 2022

Key highlights:

• The total cryptocurrency market cap increased from $ 1.28T to $ 1.33T in the past 24 hours, representing a 3.93% change
• The Bitcoin price at press time is $ 31,170 after growing by 4.64% in the last 24 hours
• The total crypto trading volume increased by 3.93% in the past 24 hours, and is currently at $ 179.95B
• All prices and changes are presented at the time of publication: June 6, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.33T after a 3.93% increase on the day. The total crypto trading volume increased by 3.93% in the same time frame.

Bitcoin is trading at $ 31,170 after seeing a 4.64% gain in the last 24 hours.The Bitcoin dominance grew by 0.33% and BTC currently represents 44.73% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 594.08B after gaining 4.64% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 21.00% and reach $ 37,717 by June 11, 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 $ 1,889.51 and has a market capitalization of $ 228.76B. ETH increased by 3.38% 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.

• Cardano, which was previously ranked 5, is ranked at 4.
• XRP, which was previously ranked 4, is ranked at 5.

Bulls Dominate the Market Today

The bulls dominated the market today as 82% of coins gained value in the last 24 hours.

Today's Top Gainers are Ontology Gas, Ethereum Name Service, and DigitalBits

Thanks to a 37.76% price increase, Ontology Gas was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ethereum Name Service came in second place, with 24-hour gains of 15.41%. DigitalBits, Chain and Ontology complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Decred, Elrond, and Compound Ether

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Decred, which saw a loss of -19.97%. Elrond also didn't perform well, as its price declined by -6.53% in the last 24 hours. Compound Ether, NuCypher and Terra Classic round out today's top 5 worst performers.

PlatonCoin reached new All-Time High after gaining +66.16% in the last month

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

• PlatonCoin's new ATH is $ 1.32

Congratulations to the HODLers!

Coin of the Day is Chain

Thanks to its impressive 14.10% performance, Chain is today's coin of the day! Chain is currently trading at $ 0.161888. Learn more about Chain and its position in the market on our Chain price prediction page.

Our technical indicators show that the current Chain sentiment is Bearish.

Buy/Sell Chain