BONE up +9.77%, BTC -2.27%, Bone ShibaSwap is The Coin of The Day — Daily Market Update for Mar 08, 2023

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.04T to $ 1.03T in the past 24 hours, representing a -0.95% change
• The Bitcoin price at press time is $ 21,948 after falling by -2.27% in the last 24 hours
• The total crypto trading volume decreased by -0.95% in the past 24 hours, and is currently at $ 184.76B
• All prices and changes are presented at the time of publication: March 8, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.03T after a -0.95% decrease on the day. The total crypto trading volume declined by -0.95% in the same time frame.

Bitcoin is trading at $ 21,948 after seeing a -2.27% loss in the last 24 hours. The Bitcoin dominance fell by -0.32% and BTC currently represents 41.24% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 423.85B after losing -2.27% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 4.07% and reach $ 22,842 by March 13, 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 $ 1,550.67 and has a market capitalization of $ 189.76B. ETH decreased by -1.54% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

• Cardano, which was previously ranked 6, is ranked at 5.
• OKB, which was previously ranked 5, is ranked at 6.

Bears Dominate the Market Today

The bears dominated the market today as 88% of coins lost value in the last 24 hours.

Today’s Top Gainers are Bone ShibaSwap, Everscale, and SSV Network

Thanks to a 9.77% price increase, Bone ShibaSwap was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Everscale came in second place, with 24-hour gains of 8.75%. SSV Network, Beldex and Conflux Network complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are WEMIX Token, OKB, and dYdX

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was WEMIX Token, which saw a loss of -17.79%. OKB also didn’t perform well, as its price declined by -13.50% in the last 24 hours. dYdX, Stacks and Ankr Network round out today’s top 5 worst performers.

Coin of the Day is Bone ShibaSwap

Thanks to its impressive 9.77% performance, Bone ShibaSwap is today’s coin of the day! Bone ShibaSwap is currently trading at $ 1.68. Learn more about Bone ShibaSwap and its position in the market on our Bone ShibaSwap price prediction page.

Our technical indicators show that the current Bone ShibaSwap sentiment is Bullish.

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