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UNI up +68.05%, BTC -0.35%, Uniswap is The Coin of The Day – Daily Market Update for Feb 24, 2024 | CoinCodex | CoinCodex

by admin
February 24, 2024
in Market & Analysis
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UNI up +68.05%, BTC -0.35%, Uniswap is The Coin of The Day – Daily Market Update for Feb 24, 2024 | CoinCodex | CoinCodex
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Desk of Contents

Key highlights:

  • The entire cryptocurrency market cap decreased from $ 1.95T to $ 1.95T previously 24 hours, representing a -0.12% change
  • The Bitcoin worth at press time is $ 51,058 after falling by -0.35% within the final 24 hours
  • The entire crypto buying and selling quantity decreased by -0.12% previously 24 hours, and is presently at $ 232.88B
  • All costs and modifications are introduced on the time of publication: February 24, 2024, at 06:00 UTC

Market Overview

The entire cryptocurrency market cap is presently $ 1.95T after a -0.12% lower on the day. The entire crypto buying and selling quantity declined by -0.12% in the identical timeframe.

Bitcoin is buying and selling at $ 51,058 after seeing a -0.35% loss within the final 24 hours. The Bitcoin dominance grew by 0.14% and BTC presently represents 51.36% of the cryptocurrency market.

Prime Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 1.00T after shedding -0.35% within the final 24 hours. In keeping with our forecast, the worth of Bitcoin will drop by -6.74% and attain $ 47,617 by February 29, 2024. To be taught extra about how the value of Bitcoin might change over the subsequent 7 days, go to our Bitcoin worth prediction web page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 2,956.36 and has a market capitalization of $ 355.23B. ETH decreased by -0.27% within the final 24 hours. Should you’re involved in the place the value of Ethereum might head subsequent, take a look at the Ethereum worth prediction.

Bears Dominate the Market Immediately

The bears dominated the market at the moment as 84% of cash misplaced worth within the final 24 hours.

Immediately’s Prime Gainers are Uniswap, Sushi, and dYdX

Due to a 68.05% worth enhance, Uniswap was the most important gainer of the day among the many high 200 cryptocurrencies by market cap. Sushi got here in second place, with 24-hour positive factors of 31.60%. dYdX, Compound and 1inch Community Token full at the moment’s checklist of the highest cryptocurrency gainers.

Immediately’s Prime Losers are Braintrust, Jasmy, and Livepeer

Sadly, not all cash carried out nicely at the moment. The worst performer within the cryptocurrency high 200 was Braintrust, which noticed a lack of -18.84%. Jasmy additionally did not carry out nicely, as its worth declined by -13.59% within the final 24 hours. Livepeer, Pocket Community and iExec RLC spherical out at the moment’s high 5 worst performers.

Coin of the Day is Uniswap

Due to its spectacular 68.05% efficiency, Uniswap is at the moment’s coin of the day! Uniswap is presently buying and selling at $ 11.99. Study extra about Uniswap and its place available in the market on our Uniswap worth prediction web page.

Our technical indicators present that the present Uniswap sentiment is Bullish.

Purchase/Promote Uniswap

Disclaimer: This text is supplied for informational functions solely. It’s not supplied or meant for use as authorized, tax, funding, monetary, or different recommendation.

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