BSV up +13.58%, BTC -1.45%, Bitcoin SV is The Coin of The Day – Daily Market Update for Oct 03, 2023

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BSV up +13.58%, BTC -1.45%, Bitcoin SV is The Coin of The Day – Daily Market Update for Oct 03, 2023

Key highlights:

The total cryptocurrency market cap decreased from $ 1.12T to $ 1.10T in the past 24 hours, representing a -1.76% changeThe Bitcoin price at press time is $ 27,572 after falling by -1.45% in the last 24 hoursThe total crypto trading volume decreased by -1.76% in the past 24 hours, and is currently at $ 139.11BAll prices and changes are presented at the time of publication: October 3, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.10T after a -1.76% decrease on the day. The total crypto trading volume declined by -1.76% in the same time frame.

Bitcoin is trading at $ 27,572 after seeing a -1.45% loss in the last 24 hours. The Bitcoin dominance grew by 0.00% and BTC currently represents 48.90% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 537.73B after losing -1.45% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.32% and reach $ 27,662 by October 8, 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 $ 1,656.91 and has a market capitalization of $ 199.23B. ETH decreased by -2.66% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

There were also some changes today in the ranking among the top 10 biggest coins by market cap.

Cardano, which was previously ranked 7, is ranked at 6.Dogecoin, which was previously ranked 6, is ranked at 7.

Bears Dominate the Market Today

The bears dominated the market today as 89% of coins lost value in the last 24 hours.

Today's Top Gainers are Bitcoin SV, Bitcoin Gold, and Merit Circle

Thanks to a 13.58% price increase, Bitcoin SV was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Bitcoin Gold came in second place, with 24-hour gains of 7.61%. Merit Circle, PancakeSwap and eCash complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Chia, IoTeX, and Pepe Coin

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Chia, which saw a loss of -13.80%. IoTeX also didn't perform well, as its price declined by -10.98% in the last 24 hours. Pepe Coin, THORChain and Pendle round out today's top 5 worst performers.

Coin of the Day is Bitcoin SV

Thanks to its impressive 13.58% performance, Bitcoin SV is today's coin of the day! Bitcoin SV is currently trading at $ 40.37. Learn more about Bitcoin SV and its position in the market on our Bitcoin SV price prediction page.

Our technical indicators show that the current Bitcoin SV sentiment is Bullish.

Buy/Sell Bitcoin SV

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