KLAY up +13.68%, BTC +0.03%, Klaytn is The Coin of The Day — Daily Market Update for Oct 25, 2022

Key highlights:

• The total cryptocurrency market cap decreased from $ 945.79B to $ 945.19B in the past 24 hours, representing a -0.06% change
• The Bitcoin price at press time is $ 19,338 after growing by 0.03% in the last 24 hours
• The total crypto trading volume decreased by -0.06% in the past 24 hours, and is currently at $ 189.52B
• All prices and changes are presented at the time of publication: October 25, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 945.19B after a -0.06% decrease on the day. The total crypto trading volume declined by -0.06% in the same time frame.

Bitcoin is trading at $ 19,338 after seeing a 0.03% gain in the last 24 hours. The Bitcoin dominance grew by 0.03% and BTC currently represents 39.21% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 370.61B after gaining 0.03% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.44% and reach $ 18,673 by October 30, 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 $ 1,349.08 and has a market capitalization of $ 165.38B. ETH increased by 0.54% 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 72% of coins lost value in the last 24 hours.

Today’s Top Gainers are Klaytn, Render Token, and Axie Infinity

Thanks to a 13.68% price increase, Klaytn was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Render Token came in second place, with 24-hour gains of 6.52%. Axie Infinity, Chiliz and ABBC COIN complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Hive Token, Braintrust, and Trust Wallet Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Hive Token, which saw a loss of -5.13%. Braintrust also didn’t perform well, as its price declined by -3.75% in the last 24 hours. Trust Wallet Token, Nervos Network and Mdex round out today’s top 5 worst performers.

Coin of the Day is Klaytn

Thanks to its impressive 13.68% performance, Klaytn is today’s coin of the day! Klaytn is currently trading at $ 0.209791. Learn more about Klaytn and its position in the market on our Klaytn price prediction page.

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

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