Key highlights:
- The total cryptocurrency market cap decreased from $ 1.63T to $ 1.60T in the past 24 hours, representing a -1.72% change
- The Bitcoin price at press time is $ 42,707 after falling by -0.59% in the last 24 hours
- The total crypto trading volume decreased by -1.72% in the past 24 hours, and is currently at $ 194.31B
- All prices and changes are presented at the time of publication: December 20, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.60T after a -1.72% decrease on the day. The total crypto trading volume declined by -1.72% in the same time frame.
Bitcoin is trading at $ 42,707 after seeing a -0.59% loss in the last 24 hours. The Bitcoin dominance grew by 0.45% and BTC currently represents 52.12% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 836.01B after losing -0.59% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.48% and reach $ 42,075 by December 25, 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 $ 2,212.76 and has a market capitalization of $ 265.95B. ETH decreased by -1.48% 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 83% of coins lost value in the last 24 hours.
Today’s Top Gainers are NEAR Protocol, Stacks, and Mina Protocol
Thanks to a 18.72% price increase, NEAR Protocol was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Stacks came in second place, with 24-hour gains of 14.02%. Mina Protocol, Oasis Network and Livepeer complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium Mobile, Worldcoin, and Bonk
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium Mobile, which saw a loss of -39.90%. Worldcoin also didn’t perform well, as its price declined by -15.58% in the last 24 hours. Bonk, Axelar and Echelon Prime round out today’s top 5 worst performers.
Coin of the Day is NEAR Protocol
Thanks to its impressive 18.72% performance, NEAR Protocol is today’s coin of the day! NEAR Protocol is currently trading at $ 2.75. Learn more about NEAR Protocol and its position in the market on our NEAR Protocol price prediction page.
Our technical indicators show that the current NEAR Protocol sentiment is Bullish.
Buy/Sell NEAR Protocol
Source: https://coincodex.com/article/35890/daily-market-update-for-december-20-2023/