OKB up +21.54%, BTC +0.37%, OKB is The Coin of The Day — Daily Market Update for Nov 04, 2022

Key highlights:

• The total cryptocurrency market cap increased from $ 1.02T to $ 1.03T in the past 24 hours, representing a 0.50% change
• The Bitcoin price at press time is $ 20,452 after growing by 0.37% in the last 24 hours
• The total crypto trading volume increased by 0.50% in the past 24 hours, and is currently at $ 274.71B
• All prices and changes are presented at the time of publication: November 4, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.03T after a 0.50% increase on the day. The total crypto trading volume increased by 0.50% in the same time frame.

Bitcoin is trading at $ 20,452 after seeing a 0.37% gain in the last 24 hours. The Bitcoin dominance grew by 0.02% and BTC currently represents 38.10% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 391.95B after gaining 0.37% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.72% and reach $ 21,621 by November 9, 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 $ 1,562.28 and has a market capitalization of $ 191.51B. ETH increased by 0.70% 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 68% of coins lost value in the last 24 hours.

Today’s Top Gainers are OKB, Loopring, and Polygon

Thanks to a 21.54% price increase, OKB was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Loopring came in second place, with 24-hour gains of 20.56%. Polygon, Fantom and Celer Network complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are GALA, Arweave, and API3 Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was GALA, which saw a loss of -14.62%. Arweave also didn’t perform well, as its price declined by -14.11% in the last 24 hours. API3 Token, Flow and Dogecoin round out today’s top 5 worst performers.

Coin of the Day is OKB

Thanks to its impressive 21.54% performance, OKB is today’s coin of the day! OKB is currently trading at $ 19.85. Learn more about OKB and its position in the market on our OKB price prediction page.

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

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