Market Overview: Bitcoin Dominance Grows to 56.69% as ALGO, ACT, and WORLD Become the Day's Top Gainers

The total cryptocurrency market cap is currently $3.36T after a 0.37% increase on the day. The total crypto trading volume increased by 0.37% in the same time frame.

The total cryptocurrency market cap is currently $3.36T after a 0.37% increase on the day. The total crypto trading volume increased by 0.37% in the same time frame.

Bitcoin is trading at $96,154 after seeing a 0.74% gain in the last 24 hours. The Bitcoin dominance grew by 0.29% and BTC currently represents 56.69% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $1.90T after gaining 0.74% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by November 29, 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 $3,577.07 and has a market capitalization of $430.77B. ETH decreased by -0.35% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 76% of coins lost value in the last 24 hours.

Today's Top Gainers are Act I : The AI Prophecy, Algorand, and Worldcoin

Thanks to a 41.40% price increase, Act I : The AI Prophecy was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Algorand came in second place, with 24-hour gains of 16.69%. Worldcoin, The Root Network and Telcoin complete today's list of the top cryptocurrency gainers.

Today's Top Losers are PancakeSwap, Zcash, and Bitcoin Gold

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was PancakeSwap, which saw a loss of -7.13%. Zcash also didn't perform well, as its price declined by -5.01% in the last 24 hours. Bitcoin Gold, Celestia and Astar round out today's top 5 worst performers.

Coin of the Day is Algorand

Thanks to its impressive 16.69% performance, Algorand is today's coin of the day! Algorand is currently trading at $0.332418. Learn more about Algorand and its position in the market on our Algorand price prediction page.

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