CELO up 56.54%, BTC -1.75%, Celo is The Coin of The Day - Daily Market Update for Aug 31, 2021

Key highlights:

• The total cryptocurrency market cap decreased from $ 2.10T to $ 2.09T in the past 24 hours, representing a -0.13% change
• The Bitcoin price at press time is $ 47,151 after falling by -1.75% in the last 24 hours
• The total crypto trading volume decreased by -0.13% in the past 24 hours, and is currently at $ 281.48B
• All prices and changes are presented at the time of publication: August 31, 2021, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 2.09T after a -0.13% decrease on the day. The total crypto trading volume declined by -0.13% in the same time frame.

Bitcoin is trading at $ 47,151 after seeing a -1.75% loss in the last 24 hours.The Bitcoin dominance fell by -0.63% and BTC currently represents 42.34% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 886.55B after losing -1.75% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.43% and reach $ 47,824 by September 5, 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 $ 3,242.73 and has a market capitalization of $ 380.46B. ETH increased by 2.15% 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 76% of coins lost value in the last 24 hours.

Today's Top Gainers are Celo, Arweave, and Harmony

Thanks to a 56.54% price increase, Celo was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Arweave came in second place, with 24-hour gains of 37.06%. Harmony, Mina Protocol and Fantom complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Gnosis, Pirate Chain, and Chia

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Gnosis, which saw a loss of -16.87%. Pirate Chain also didn't perform well, as its price declined by -11.64% in the last 24 hours. Chia, Kava and The Sandbox round out today's top 5 worst performers.

Coin of the Day is Celo

Thanks to its impressive 56.54% performance, Celo is today's coin of the day! Celo is currently trading at $ 6.36. Learn more about Celo and its position in the market on our Celo price prediction page.

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

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