SEI up +18.63%, BTC +5.36%, Sei is The Coin of The Day – Daily Market Update for Aug 30, 2023 | CoinCodex

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.06T to $ 1.10T in the past 24 hours, representing a 4.10% change
  • The Bitcoin price at press time is $ 27,462 after growing by 5.36% in the last 24 hours
  • The total crypto trading volume increased by 4.10% in the past 24 hours, and is currently at $ 210.99B
  • All prices and changes are presented at the time of publication: August 30, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.10T after a 4.10% increase on the day. The total crypto trading volume increased by 4.10% in the same time frame.

Bitcoin is trading at $ 27,462 after seeing a 5.36% gain in the last 24 hours. The Bitcoin dominance grew by 0.64% and BTC currently represents 48.40% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 534.45B after gaining 5.36% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.01% and reach $ 27,740 by September 4, 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 $ 1,722.59 and has a market capitalization of $ 207.45B. ETH increased by 4.08% 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.

  • Dogecoin, which was previously ranked 6, is ranked at 5.
  • Cardano, which was previously ranked 5, is ranked at 6.
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Bears Dominate the Market Today

The bears dominated the market today as 75% of coins lost value in the last 24 hours.

Today’s Top Gainers are Sei, XinFin Network, and Stacks

Thanks to a 18.63% price increase, Sei was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. XinFin Network came in second place, with 24-hour gains of 17.25%. Stacks, Bitcoin Cash and Pendle complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Magic, Astar, and Axelar

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Magic, which saw a loss of -3.23%. Astar also didn’t perform well, as its price declined by -3.85% in the last 24 hours. Axelar, Casper and TRON round out today’s top 5 worst performers.

Coin of the Day is Sei

Thanks to its impressive 18.63% performance, Sei is today’s coin of the day! Sei is currently trading at $ 0.151061. Learn more about Sei and its position in the market on our Sei price prediction page.

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

Buy/Sell Sei

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