Key highlights:
- The total cryptocurrency market cap decreased from $ 1.44T to $ 1.40T in the past 24 hours, representing a -3.00% change
- The Bitcoin price at press time is $ 36,350 after falling by -2.95% in the last 24 hours
- The total crypto trading volume decreased by -3.00% in the past 24 hours, and is currently at $ 323.48B
- All prices and changes are presented at the time of publication: November 17, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.40T after a -3.00% decrease on the day. The total crypto trading volume declined by -3.00% in the same time frame.
Bitcoin is trading at $ 36,350 after seeing a -2.95% loss in the last 24 hours. The Bitcoin dominance grew by 0.16% and BTC currently represents 50.79% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 710.44B after losing -2.95% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -13.85% and reach $ 31,314 by November 22, 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 $ 1,980.73 and has a market capitalization of $ 238.19B. ETH decreased by -3.90% 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.
- Avalanche, which was previously ranked 11, is ranked at 9.
Bears Dominate the Market Today
The bears dominated the market today as 87% of coins lost value in the last 24 hours.
Today’s Top Gainers are Axelar, yearn.finance, and Fetch.ai
Thanks to a 17.49% price increase, Axelar was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. yearn.finance came in second place, with 24-hour gains of 8.78%. Fetch.ai, Sushi and Dogecoin complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are 0x, FTX Token, and Gas
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was 0x, which saw a loss of -24.74%. FTX Token also didn’t perform well, as its price declined by -18.82% in the last 24 hours. Gas, Terra and Sei round out today’s top 5 worst performers.
Celestia reached new All-Time High after gaining +169.00% 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 yearn.finance
Thanks to its impressive 8.78% performance, yearn.finance is today’s coin of the day! yearn.finance is currently trading at $ 14,009. Learn more about yearn.finance and its position in the market on our yearn.finance price prediction page.
Our technical indicators show that the current yearn.finance sentiment is Bullish.
Buy/Sell yearn.finance
Source: https://coincodex.com/article/34565/daily-market-update-for-november-17-2023/