Key highlights:
- The total cryptocurrency market cap increased from $ 1.63T to $ 1.64T in the past 24 hours, representing a 0.81% change
- The Bitcoin price at press time is $ 43,512 after growing by 1.88% in the last 24 hours
- The total crypto trading volume increased by 0.81% in the past 24 hours, and is currently at $ 238.59B
- All prices and changes are presented at the time of publication: December 21, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.64T after a 0.81% increase on the day. The total crypto trading volume increased by 0.81% in the same time frame.
Bitcoin is trading at $ 43,512 after seeing a 1.88% gain in the last 24 hours. The Bitcoin dominance grew by 0.38% and BTC currently represents 51.99% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 851.80B after gaining 1.88% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -4.47% and reach $ 41,569 by December 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 $ 2,199.46 and has a market capitalization of $ 260.66B. ETH decreased by -0.61% 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.
- Solana, which was previously ranked 5, is ranked at 4.
- XRP, which was previously ranked 4, is ranked at 5.
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 IoTeX, Raydium, and Storj
Thanks to a 26.47% price increase, IoTeX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Raydium came in second place, with 24-hour gains of 23.92%. Storj, Axelar and Bounce Token complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium, Tellor, and Oasis Network
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium, which saw a loss of -8.38%. Tellor also didn’t perform well, as its price declined by -8.22% in the last 24 hours. Oasis Network, Gnosis and Neutron round out today’s top 5 worst performers.
Coin of the Day is IoTeX
Thanks to its impressive 26.47% performance, IoTeX is today’s coin of the day! IoTeX is currently trading at $ 0.062643. Learn more about IoTeX and its position in the market on our IoTeX price prediction page.
Our technical indicators show that the current IoTeX sentiment is Bullish.
Buy/Sell IoTeX
Source: https://coincodex.com/article/35956/daily-market-update-for-december-21-2023/