UMA up +17.07%, BTC -0.48%, Chiliz is The Coin of The Day — Daily Market Update for Aug 14, 2022

Key highlights:

• The total cryptocurrency market cap decreased from $ 1.23T to $ 1.22T in the past 24 hours, representing a -0.63% change
• The Bitcoin price at press time is $ 24,592 after falling by -0.48% in the last 24 hours
• The total crypto trading volume decreased by -0.63% in the past 24 hours, and is currently at $ 153.03B
• All prices and changes are presented at the time of publication: August 14, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.22T after a -0.63% decrease on the day. The total crypto trading volume declined by -0.63% in the same time frame.

Bitcoin is trading at $ 24,592 after seeing a -0.48% loss in the last 24 hours.The Bitcoin dominance fell by -0.13% and BTC currently represents 38.52% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 470.22B after losing -0.48% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -11.51% and reach $ 21,760 by August 19, 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 $ 2,008.30 and has a market capitalization of $ 244.92B. ETH decreased by -0.14% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bulls Dominate the Market Today

The bulls dominated the market today as 60% of coins gained value in the last 24 hours.

Today’s Top Gainers are UMA, Radio Caca, and Chiliz

Thanks to a 17.07% price increase, UMA was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Radio Caca came in second place, with 24-hour gains of 14.87%. Chiliz, SHIBA INU and ABBC COIN complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Acala Token, GMX, and MaidSafeCoin

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Acala Token, which saw a loss of -10.27%. GMX also didn’t perform well, as its price declined by -10.12% in the last 24 hours. MaidSafeCoin, BitDAO and Compound USD Coin round out today’s top 5 worst performers.

Coin of the Day is Chiliz

Thanks to its impressive 14.86% performance, Chiliz is today’s coin of the day! Chiliz is currently trading at $ 0.184897. Learn more about Chiliz and its position in the market on our Chiliz price prediction page.

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

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