BLUR up +12.24%, BTC +1.35%, Cronos is The Coin of The Day — Daily Market Update for Apr 28, 2023

Key highlights:

• The total cryptocurrency market cap increased from $ 1.19T to $ 1.21T in the past 24 hours, representing a 1.03% change
• The Bitcoin price at press time is $ 29,481 after growing by 1.35% in the last 24 hours
• The total crypto trading volume increased by 1.03% in the past 24 hours, and is currently at $ 251.80B
• All prices and changes are presented at the time of publication: April 28, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.21T after a 1.03% increase on the day. The total crypto trading volume increased by 1.03% in the same time frame.

Bitcoin is trading at $ 29,481 after seeing a 1.35% gain in the last 24 hours. The Bitcoin dominance grew by 0.37% and BTC currently represents 47.27% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 570.62B after gaining 1.35% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.44% and reach $ 30,200 by May 3, 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 $ 1,914.73 and has a market capitalization of $ 230.59B. ETH increased by 0.39% 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.

Bears Dominate the Market Today

The bears dominated the market today as 77% of coins lost value in the last 24 hours.

Today’s Top Gainers are Blur, Cronos, and Internet Computer

Thanks to a 12.24% price increase, Blur was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Cronos came in second place, with 24-hour gains of 12.76%. Internet Computer, Render Token and Bitgert complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Baby Doge Coin, MultiversX (Elrond), and Qtum

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Baby Doge Coin, which saw a loss of -7.65%. MultiversX (Elrond) also didn’t perform well, as its price declined by -4.88% in the last 24 hours. Qtum, SXP and The Graph round out today’s top 5 worst performers.

Coin of the Day is Cronos

Thanks to its impressive 12.76% performance, Cronos is today’s coin of the day! Cronos is currently trading at $ 0.079748. Learn more about Cronos and its position in the market on our Cronos price prediction page.

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

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