Cryptocurrency Market Overview: Bitcoin Dominance Falls as Kusama Emerges as Top Gainer

The total cryptocurrency market cap is currently $3.39T after a 0.11% increase on the day. Bitcoin is trading at $98,264 after seeing a -0.50% loss in the last 24 hours.

The total cryptocurrency market cap is currently $3.39T after a 0.11% increase on the day. The total crypto trading volume increased by 0.11% in the same time frame.

Bitcoin is trading at $98,264 after seeing a -0.50% loss in the last 24 hours. The Bitcoin dominance fell by -0.17% and BTC currently represents 57.39% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $1.94T after losing -0.50% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by November 24, 2024. 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 $3,411.44 and has a market capitalization of $410.82B. ETH increased by 2.01% 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.

The price of BNB, the native token of Binance, dropped by -1.04% in the last 24 hours. With a market capitalization of $76.03B, BNB is now ranked as the fourth-largest cryptocurrency, overtaking XRP.

XRP, on the other hand, saw a 0.09% increase in its price during the same time period. Despite the slight gain, XRP's market cap now stands at $69.28B, placing it in the fifth position among the top cryptocurrencies by market capitalization.

Top Coins Perform Differently as Bears Dominate the Market Today

The bears dominated the market today as 71% of coins lost value in the last 24 hours.

Today's Top Gainers are Kusama, The Sandbox, and Decentraland

Thanks to a 80.48% price increase, Kusama was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. The Sandbox came in second place, with 24-hour gains of 62.36%. Decentraland, Harmony and Enjin Coin complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Goatseus Maximus, Moo Deng, and Peanut the Squirrel

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Goatseus Maximus, which saw a loss of -12.94%. Moo Deng also didn't perform well, as its price declined by -12.33% in the last 24 hours. Peanut the Squirrel, Dogecoin and XRP round out today's top 5 worst performers.

Coin of the Day is The Sandbox

Thanks to its impressive 62.36% performance, The Sandbox is today's coin of the day! The Sandbox is currently trading at $0.626776. Learn more about The Sandbox and its position in the market on our The Sandbox price prediction page.

Our technical indicators show that the current The Sandbox sentiment is Bullish.

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