Crypto News Roundup: Market Down, But Optimism About BTC
- Total capitalization of the crypto market decreased by 0.33% in the last 24 hours, standing at $1.09T
- Bitcoin price falls 0.51%, trading at $27,500
- Total crypto trading volume decreases by 0.33%, standing at $97.80B
Market Summary:
The crypto market experiences a 0.33% decrease in its total capitalization, reaching $1.09T. Trading volume also decreased by 0.33%.
Bitcoin is trading at $27,500 after a 0.51% drop in the last 24 hours. BTC dominance decreased by 0.10%, currently representing 49.06% of the crypto market.
Top cryptocurrencies by market cap:
Bitcoin has a capitalization of $536.39B after losing 0.51% in the last 24 hours. A 2.71% increase in value is expected, reaching $28,246 by October 11, 2023.
Ethereum, the second largest cryptocurrency by market capitalization, is trading at $1,627.38 and has a capitalization of $195.68B. ETH decreased by 1.27% in the last 24 hours.
Bears dominate the market today:
88% of cryptocurrencies lost value in the last 24 hours.
The biggest winners of the day are Loom Network, Kyber Network Crystal and Storj.
The biggest losers of the day are GALA, Frax Share and Rocket Pool.
The coin of the day is Toncoin, up 7.48% and trading at $2.11. Technical indicators show bullish sentiment for Toncoin.
