Key highlights:
- The total cryptocurrency market cap increased from $ 1.67T to $ 1.68T in the past 24 hours, representing a 0.64% change
- The Bitcoin price at press time is $ 43,606 after falling by -1.21% in the last 24 hours
- The total crypto trading volume increased by 0.64% in the past 24 hours, and is currently at $ 365.49B
- All prices and changes are presented at the time of publication: December 23, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.68T after a 0.64% increase on the day. The total crypto trading volume increased by 0.64% in the same time frame.
Bitcoin is trading at $ 43,606 after seeing a -1.21% loss in the last 24 hours. The Bitcoin dominance fell by -0.39% and BTC currently represents 50.71% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 853.72B after losing -1.21% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.75% and reach $ 42,842 by December 28, 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 $ 2,294.80 and has a market capitalization of $ 275.80B. ETH increased by 1.32% 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 Decentralized Social, Optimism, and aelf
Thanks to a 28.05% price increase, Decentralized Social was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Optimism came in second place, with 24-hour gains of 28.94%. aelf, Ethereum PoW and Magic complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium, Internet Computer, and Bittensor
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium, which saw a loss of -15.41%. Internet Computer also didn’t perform well, as its price declined by -14.39% in the last 24 hours. Bittensor, Raydium and Helium Mobile round out today’s top 5 worst performers.
Coin of the Day is Optimism
Thanks to its impressive 28.94% performance, Optimism is today’s coin of the day! Optimism is currently trading at $ 3.24. Learn more about Optimism and its position in the market on our Optimism price prediction page.
Our technical indicators show that the current Optimism sentiment is Bullish.
Buy/Sell Optimism
Source: https://coincodex.com/article/36043/daily-market-update-for-december-23-2023/