Key highlights:
- The total cryptocurrency market cap increased from $ 1.76T to $ 1.78T in the past 24 hours, representing a 1.32% change
- The Bitcoin price at press time is $ 39,017 after growing by 2.53% in the last 24 hours
- The total crypto trading volume increased by 1.32% in the past 24 hours, and is currently at $ 249.09B
- All prices and changes are presented at the time of publication: May 2, 2022, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.78T after a 1.32% increase on the day. The total crypto trading volume increased by 1.32% in the same time frame.
Bitcoin is trading at $ 39,017 after seeing a 2.53% gain in the last 24 hours.The Bitcoin dominance grew by 0.46% and BTC currently represents 41.59% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 742.42B after gaining 2.53% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 5.52% and reach $ 41,169 by May 7, 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 $ 2,865.04 and has a market capitalization of $ 345.56B. ETH increased by 2.82% 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 77% of coins gained value in the last 24 hours.
Today’s Top Gainers are Pocket Network, Ethereum Name Service, and Mines of Dalarnia
Thanks to a 23.94% price increase, Pocket Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ethereum Name Service came in second place, with 24-hour gains of 22.35%. Mines of Dalarnia, Immutable X and Fantom complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Compound Dai, Cronos, and Pirate Chain
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Compound Dai, which saw a loss of -14.23%. Cronos also didn’t perform well, as its price declined by -9.82% in the last 24 hours. Pirate Chain, Bitkub Coin and Safe round out today’s top 5 worst performers.
Coin of the Day is Fantom
Thanks to its impressive 11.95% performance, Fantom is today’s coin of the day! Fantom is currently trading at $ 0.780132. Learn more about Fantom and its position in the market on our Fantom price prediction page.
Our technical indicators show that the current Fantom sentiment is Bearish.
Buy/Sell Fantom
