SKL up +45.87%, BTC +0.60%, Illuvium is The Coin of The Day – Daily Market Update for Nov 21, 2023 | CoinCodex

SKL up +45.87%, BTC +0.60%, Illuvium is The Coin of The Day - Daily Market Update for Nov 21, 2023

Key highlights:

  • The total cryptocurrency market cap increased from $ 1.43T to $ 1.43T in the past 24 hours, representing a 0.16% change
  • The Bitcoin price at press time is $ 37,356 after growing by 0.60% in the last 24 hours
  • The total crypto trading volume increased by 0.16% in the past 24 hours, and is currently at $ 270.77B
  • All prices and changes are presented at the time of publication: November 21, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.43T after a 0.16% increase on the day. The total crypto trading volume increased by 0.16% in the same time frame.

Bitcoin is trading at $ 37,356 after seeing a 0.60% gain in the last 24 hours. The Bitcoin dominance grew by 0.19% and BTC currently represents 51.03% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 730.25B after gaining 0.60% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -11.60% and reach $ 33,023 by November 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 $ 2,018.24 and has a market capitalization of $ 242.69B. ETH increased by 0.51% 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.

  • Toncoin, which was previously ranked 10, is ranked at 9.
  • Chainlink, which was previously ranked 9, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 80% of coins lost value in the last 24 hours.

Today’s Top Gainers are SKALE, Axelar, and Illuvium

Thanks to a 45.87% price increase, SKALE was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Axelar came in second place, with 24-hour gains of 8.90%. Illuvium, Sei and Akash Network complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Celestia, Ordinals, and FTX Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Celestia, which saw a loss of -14.45%. Ordinals also didn’t perform well, as its price declined by -8.83% in the last 24 hours. FTX Token, Bonk and Arweave round out today’s top 5 worst performers.

Coin of the Day is Illuvium

Thanks to its impressive 9.78% performance, Illuvium is today’s coin of the day! Illuvium is currently trading at $ 103.79. Learn more about Illuvium and its position in the market on our Illuvium price prediction page.

Our technical indicators show that the current Illuvium sentiment is Bullish.

Buy/Sell Illuvium

Source: https://coincodex.com/article/34682/daily-market-update-for-november-21-2023/