RAD up +90.16%, BTC +0.54%, Ethereum Classic is The Coin of The Day — Daily Market Update for Jul 27, 2022
Key highlights:
- The total cryptocurrency market cap increased from $ 1.01T to $ 1.01T in the past 24 hours, representing a 0.78% change
- The Bitcoin price at press time is $ 21,249 after growing by 0.54% in the last 24 hours
- The total crypto trading volume increased by 0.78% in the past 24 hours, and is currently at $ 254.25B
- All prices and changes are presented at the time of publication: July 27, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.01T after a 0.78% increase on the day. The total crypto trading volume increased by 0.78% in the same time frame.
Bitcoin is trading at $ 21,249 after seeing a 0.54% gain in the last 24 hours.The Bitcoin dominance fell by -0.07% and BTC currently represents 40.07% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 405.95B after gaining 0.54% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 8.36% and reach $ 23,026 by August 1, 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 $ 1,466.45 and has a market capitalization of $ 178.49B. ETH increased by 2.08% 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.
- TRON, which was previously ranked 11, is ranked at 10.
Bulls Dominate the Market Today
The bulls dominated the market today as 73% of coins gained value in the last 24 hours.
Today’s Top Gainers are Radicle, Ethereum Classic, and TerraClassicUSD
Thanks to a 90.16% price increase, Radicle was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ethereum Classic came in second place, with 24-hour gains of 13.17%. TerraClassicUSD, Quant and Compound Dai complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Marinade staked SOL, Hive Token, and Celer Network
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Marinade staked SOL, which saw a loss of -9.91%. Hive Token also didn’t perform well, as its price declined by -8.95% in the last 24 hours. Celer Network, Harmony and WEMIX Token round out today’s top 5 worst performers.
Coin of the Day is Ethereum Classic
Thanks to its impressive 13.17% performance, Ethereum Classic is today’s coin of the day! Ethereum Classic is currently trading at $ 26.72. Learn more about Ethereum Classic and its position in the market on our Ethereum Classic price prediction page.
Our technical indicators show that the current Ethereum Classic sentiment is Bullish.