RAD up +69.68%, BTC -1.11%, Mdex is The Coin of The Day – Daily Market Update for Oct 08, 2021 | CoinCodex

Key highlights:

  • The total cryptocurrency market cap decreased from $ 2.31T to $ 2.30T in the past 24 hours, representing a -0.55% change
  • The Bitcoin price at press time is $ 54,118 after falling by -1.11% in the last 24 hours
  • The total crypto trading volume decreased by -0.55% in the past 24 hours, and is currently at $ 363.02B
  • All prices and changes are presented at the time of publication: October 8, 2021, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 2.30T after a -0.55% decrease on the day. The total crypto trading volume declined by -0.55% in the same time frame.

Bitcoin is trading at $ 54,118 after seeing a -1.11% loss in the last 24 hours.The Bitcoin dominance fell by -0.29% and BTC currently represents 44.29% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 1.02T after losing -1.11% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 1.55% and reach $ 54,960 by October 13, 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 $ 3,586.86 and has a market capitalization of $ 422.67B. ETH increased by 1.17% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bulls Dominate the Market Today

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

Today’s Top Gainers are Radicle, Mdex, and Fantom

Thanks to a 69.68% price increase, Radicle was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Mdex came in second place, with 24-hour gains of 23.37%. Fantom, DigitalBits and StormX complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Function X, SHIBA INU, and Bitcoin Standard Hashrate Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Function X, which saw a loss of -28.27%. SHIBA INU also didn’t perform well, as its price declined by -23.13% in the last 24 hours. Bitcoin Standard Hashrate Token, Pirate Chain and Bitcoin Diamond round out today’s top 5 worst performers.

Fantom reached new All-Time High after gaining +48.97% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

Congratulations to the HODLers!

Coin of the Day is Mdex

Thanks to its impressive 23.37% performance, Mdex is today’s coin of the day! Mdex is currently trading at $ 1.40. Learn more about Mdex and its position in the market on our Mdex price prediction page.

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

Buy/Sell Mdex

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