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REP up +23.77%, BTC +0.52%, Compound Ether is The Coin of The Day – Daily Market Update for May 29, 2022 | CoinCodex

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REP up +23.77%, BTC +0.52%, Compound Ether is The Coin of The Day - Daily Market Update for May 29, 2022

Key highlights:

  • The whole cryptocurrency market cap elevated from $ 1.25T to $ 1.25T prior to now 24 hours, representing a 0.24% change
  • The Bitcoin value at press time is $ 29,029 after rising by 0.52% within the final 24 hours
  • The whole crypto buying and selling quantity elevated by 0.24% prior to now 24 hours, and is presently at $ 167.77B
  • All costs and modifications are introduced on the time of publication: Might 29, 2022, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is presently $ 1.25T after a 0.24% enhance on the day. The whole crypto buying and selling quantity elevated by 0.24% in the identical timeframe.

Bitcoin is buying and selling at $ 29,029 after seeing a 0.52% acquire within the final 24 hours.The Bitcoin dominance grew by 0.15% and BTC presently represents 44.20% of the cryptocurrency market.

High Cash By Market Cap

At press time, Bitcoin has a market capitalization of $ 553.06B after gaining 0.52% within the final 24 hours. In accordance with our forecast, the worth of Bitcoin will drop by -2.66% and attain $ 28,257 by June 3, 2022. To be taught extra about how the worth of Bitcoin may change over the following 7 days, go to our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 1,802.49 and has a market capitalization of $ 218.04B. ETH elevated by 1.23% within the final 24 hours. In the event you’re eager about the place the worth of Ethereum may head subsequent, take a look at the Ethereum price prediction.

Bulls Dominate the Market Right now

The bulls dominated the market right now as 77% of cash gained worth within the final 24 hours.

Right now’s High Gainers are Augur, xSUSHI, and Compound Ether

Due to a 23.77% value enhance, Augur was the most important gainer of the day among the many prime 200 cryptocurrencies by market cap. xSUSHI got here in second place, with 24-hour features of 10.48%. Compound Ether, PlatonCoin and Bitcoin Gold full right now’s record of the highest cryptocurrency gainers.

Right now’s High Losers are Inexperienced Metaverse Token, WEMIX Token, and Bitkub Coin

Sadly, not all cash carried out properly right now. The worst performer within the cryptocurrency prime 200 was Green Metaverse Token, which noticed a lack of -11.73%. WEMIX Token additionally did not carry out properly, as its value declined by -10.73% within the final 24 hours. Bitkub Coin, Secret and Braintrust spherical out right now’s prime 5 worst performers.

Coin of the Day is Compound Ether

Due to its spectacular 10.10% efficiency, Compound Ether is right now’s coin of the day! Compound Ether is presently buying and selling at $ 35.60. Be taught extra about Compound Ether and its place out there on our Compound Ether price prediction web page.

Our technical indicators present that the present Compound Ether sentiment is Bearish.

Buy/Sell Compound Ether



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