Key highlights:
- The total cryptocurrency market cap increased from $ 1.14T to $ 1.15T in the past 24 hours, representing a 0.97% change
- The Bitcoin price at press time is $ 27,236 after growing by 0.91% in the last 24 hours
- The total crypto trading volume increased by 0.97% in the past 24 hours, and is currently at $ 178.71B
- All prices and changes are presented at the time of publication: May 18, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.15T after a 0.97% increase on the day. The total crypto trading volume increased by 0.97% in the same time frame.
Bitcoin is trading at $ 27,236 after seeing a 0.91% gain in the last 24 hours. The Bitcoin dominance fell by -0.02% and BTC currently represents 45.85% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 527.69B after gaining 0.91% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 9.88% and reach $ 29,927 by May 23, 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 $ 1,821.90 and has a market capitalization of $ 219.41B. ETH increased by 0.10% 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 77% of coins lost value in the last 24 hours.
Today’s Top Gainers are Render Token, Cartesi, and Celer Network
Thanks to a 17.28% price increase, Render Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Cartesi came in second place, with 24-hour gains of 18.01%. Celer Network, Synthetix and SSV Network complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are GALA, Bitgert, and Kaspa
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was GALA, which saw a loss of -6.56%. Bitgert also didn’t perform well, as its price declined by -4.30% in the last 24 hours. Kaspa, PepeCoin and Conflux Network round out today’s top 5 worst performers.
Coin of the Day is Render Token
Thanks to its impressive 17.28% performance, Render Token is today’s coin of the day! Render Token is currently trading at $ 2.30. Learn more about Render Token and its position in the market on our Render Token price prediction page.
Our technical indicators show that the current Render Token sentiment is Bullish.
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