INJ up +17.66%, BTC -4.13%, Injective is The Coin of The Day – Daily Market Update for Dec 11, 2023 | CoinCodex

Key highlights:

• The total cryptocurrency market cap increased from $ 1.65T to $ 1.65T in the past 24 hours, representing a 0.02% change
• The Bitcoin price at press time is $ 42,074 after falling by -4.13% in the last 24 hours
• The total crypto trading volume increased by 0.02% in the past 24 hours, and is currently at $ 163.75B
• All prices and changes are presented at the time of publication: December 11, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.65T after a 0.02% increase on the day. The total crypto trading volume increased by 0.02% in the same time frame.

Bitcoin is trading at $ 42,074 after seeing a -4.13% loss in the last 24 hours. The Bitcoin dominance fell by -2.06% and BTC currently represents 49.75% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 823.24B after losing -4.13% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.52% and reach $ 43,134 by December 16, 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 $ 2,260.94 and has a market capitalization of $ 271.80B. ETH decreased by -4.40% 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 90% of coins lost value in the last 24 hours.

Today’s Top Gainers are Injective, BitTorrent, and Echelon Prime

Thanks to a 17.66% price increase, Injective was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. BitTorrent came in second place, with 24-hour gains of 17.37%. Echelon Prime, Helium and Tellor complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Jito, Memecoin, and 0x

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Jito, which saw a loss of -12.95%. Memecoin also didn’t perform well, as its price declined by -11.90% in the last 24 hours. 0x, Ethereum PoW and Enjin Coin round out today’s top 5 worst performers.

Coin of the Day is Injective

Thanks to its impressive 17.66% performance, Injective is today’s coin of the day! Injective is currently trading at $ 22.41. Learn more about Injective and its position in the market on our Injective price prediction page.

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

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