Daily Market Update for August 25 2021

Key highlights:

  • The total cryptocurrency market cap decreased from $ 2.18T to $ 2.10T in the past 24 hours, representing a -3.75% change
  • The Bitcoin price at press time is $ 48,516 after falling by -2.12% in the last 24 hours
  • The total crypto trading volume decreased by -3.75% in the past 24 hours, and is currently at $ 326.52B
  • All prices and changes are presented at the time of publication: August 25, 2021, at 06:00 UTC

Market overview

The total cryptocurrency market cap is currently $ 2.10T after a -3.75% decrease on the day. The total crypto trading volume declined by -3.75% in the same time frame.

Bitcoin is trading at $ 48,516 after seeing a -2.12% loss in the last 24 hours.The Bitcoin dominance grew by 0.67% and BTC currently represents 43.50% of the cryptocurrency market.

Top coins by market cap

At press time, Bitcoin has a market capitalization of $ 911.93B after losing -2.12% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -15.57% and reach $ 40,963 by August 30, 2021. 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 $ 3,218.15 and has a market capitalization of $ 377.31B. ETH decreased by -3.63% 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.

  • USD Coin, which was previously ranked 10, is ranked at 9.
  • Solana, which was previously ranked 9, is ranked at 10.

Market Movers

The bears dominated the market today as 84% of coins lost value in the last 24 hours.

Today’s Top Gainers

Thanks to a 71.97% price increase, Coin98 was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Reserve Rights came in second place, with 24-hour gains of 14.71%. Avalanche, Yield Guild Games and Swipe complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was SwissBorg, which saw a loss of -12.40%. Bifrost also didn’t perform well, as its price declined by -10.97% in the last 24 hours. WAX, Telcoin and Wootrade round out today’s top 5 worst performers.

Coin of the day

Thanks to its impressive 71.97% performance, Coin98 is today’s coin of the day! Coin98 is currently trading at $ 5.47. Learn more about Coin98 and its position in the market on our Coin98 price prediction page.

Buy/Sell Coin98

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