BABYDOGE up +17.56%, BTC +0.43%, SingularityNET is The Coin of The Day — Daily Market Update for Mar 05, 2023

Key highlights:

• The total cryptocurrency market cap increased from $ 1.04T to $ 1.04T in the past 24 hours, representing a 0.07% change
• The Bitcoin price at press time is $ 22,417 after growing by 0.43% in the last 24 hours
• The total crypto trading volume increased by 0.07% in the past 24 hours, and is currently at $ 179.76B
• All prices and changes are presented at the time of publication: March 5, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.04T after a 0.07% increase on the day. The total crypto trading volume increased by 0.07% in the same time frame.

Bitcoin is trading at $ 22,417 after seeing a 0.43% gain in the last 24 hours. The Bitcoin dominance grew by 0.06% and BTC currently represents 41.42% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 430.79B after gaining 0.43% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.79% and reach $ 22,818 by March 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 $ 1,571.11 and has a market capitalization of $ 192.26B. ETH increased by 0.30% 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 75% of coins lost value in the last 24 hours.

Today’s Top Gainers are Baby Doge Coin, SingularityNET, and Ocean Protocol

Thanks to a 17.56% price increase, Baby Doge Coin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. SingularityNET came in second place, with 24-hour gains of 12.11%. Ocean Protocol, Zcash and Convex Finance complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Genleap AI, Siacoin, and Stacks

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Genleap AI, which saw a loss of -10.77%. Siacoin also didn’t perform well, as its price declined by -6.75% in the last 24 hours. Stacks, Green Metaverse Token and Illuvium round out today’s top 5 worst performers.

Coin of the Day is SingularityNET

Thanks to its impressive 12.11% performance, SingularityNET is today’s coin of the day! SingularityNET is currently trading at $ 0.485761. Learn more about SingularityNET and its position in the market on our SingularityNET price prediction page.

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

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