Key highlights:
- The total cryptocurrency market cap increased from $ 1.22T to $ 1.23T in the past 24 hours, representing a 0.66% change
- The Bitcoin price at press time is $ 29,815 after falling by -1.03% in the last 24 hours
- The total crypto trading volume increased by 0.66% in the past 24 hours, and is currently at $ 218.21B
- All prices and changes are presented at the time of publication: July 21, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.23T after a 0.66% increase on the day. The total crypto trading volume increased by 0.66% in the same time frame.
Bitcoin is trading at $ 29,815 after seeing a -1.03% loss in the last 24 hours. The Bitcoin dominance fell by -0.82% and BTC currently represents 47.07% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 579.42B after losing -1.03% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.34% and reach $ 29,714 by July 26, 2023. 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 $ 1,889.52 and has a market capitalization of $ 227.55B. ETH decreased by -0.57% 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 82% of coins lost value in the last 24 hours.
Today’s Top Gainers are Chainlink, Maker, and Synthetix
Thanks to a 15.06% price increase, Chainlink was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Maker came in second place, with 24-hour gains of 13.10%. Synthetix, Theta Fuel and XinFin Network complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Rocket Pool, Stellar, and Hedera Hashgraph
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Rocket Pool, which saw a loss of -7.36%. Stellar also didn’t perform well, as its price declined by -7.53% in the last 24 hours. Hedera Hashgraph, XRP and Solana round out today’s top 5 worst performers.
Coin of the Day is Chainlink
Thanks to its impressive 15.06% performance, Chainlink is today’s coin of the day! Chainlink is currently trading at $ 8.08. Learn more about Chainlink and its position in the market on our Chainlink price prediction page.
Our technical indicators show that the current Chainlink sentiment is Bullish.
Buy/Sell Chainlink
Source: https://coincodex.com/article/30418/daily-market-update-for-july-21-2023/