Bitcoin (BTC) Market Cap Drops 1.43% Today, BTC Price is Now $87,315

The total cryptocurrency market cap is currently $ 2.85T after a -1.43% decrease on the day. The total crypto trading volume declined

The total cryptocurrency market cap now stands at $ 2.85T after a -1.43% decrease in the past 24 hours. The crypto market is still in the red despite a small recovery in Bitcoin's price.

The total cryptocurrency trading volume also saw a decrease of -1.43%, bringing it to $ 163.06B in the same period. However, it's important to note that the trading volume indicator tends to be less sensitive to minor price changes and may take some time to react.

Bitcoin is trading at $ 87,315 after seeing a slight loss of -0.23% in the last 24 hours. As the largest cryptocurrency, Bitcoin's performance is closely watched by market analysts.

Bitcoin dominance has seen a small increase of 0.41%, placing BTC at a percentage of 60.68 in the cryptocurrency market. This indicates that Bitcoin's share of the total cryptocurrency market cap has grown in the past 24 hours.

At press time, Bitcoin has a market capitalization of $ 1.73T after losing -0.23% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by March 27, 2025. To learn more about how the price of Bitcoin could change over, visit our Bitcoin price prediction page.

The second-largest cryptocurrency by market cap, Ethereum, is priced at $ 2,024.23 with a market capitalization of $ 244.12B. ETH decreased by -1.73% 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.

Today, there were no new coins entering the top 10. However, one coin dropped out of the top 10, and another coin moved up the ranking.

The coin that dropped out of the top 10 is Chainlink, which fell from 10th place yesterday to 13th place today. This shift occurred as a result of a -4.64% decrease in the coin's price over the past 24 hours.

Meanwhile, Monero rose one spot in the ranking, moving from 12th place yesterday to 11th place today. This movement in the ranking can be attributed to a 7.47% increase in the coin's price in the last 24 hours.

Bears Dominate the Market Today

The bears dominated the market today as 70% of coins lost value in the last 24 hours.

Today's Top Gainers are Safe, Convex Finance, and cat in a dogs world

Thanks to a 12.73% price increase, Safe was the biggest gainer of the day among the top 200 cryptocurrencies by market cap.

Convex Finance came in second place, with 24-hour gains of 10.99%. cat in a dogs world, Maker and Creditcoin complete today's list of the top cryptocurrency gainers.

Today's Top Losers are CHEX Token, Cheems Token, and Movement

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was CHEX Token, which saw a loss of -9.64%.

Cheems Token also didn't perform well, as its price declined by -10.37% in the last 24 hours. Movement, Hyperliquid and ai16z round out today's top 5 worst performers.

Coin of the Day is Maker

Thanks to its impressive 11.18% performance, Maker is today's coin of the day! Maker is currently trading at $ 1,460.63. Learn more about Maker and its position in the market on our Maker price prediction page.

Our technical indicators show that the current Maker sentiment is Neutral.

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Key Highlights:

The total cryptocurrency market cap is currently at $ 2.85T after a -1.43% decrease on the day. The total crypto trading volume also declined by -1.43%, bringing it to $ 163.