PEOPLE up +39.86%, BTC +0.29%, Bitcoin Gold is The Coin of The Day – Daily Market Update for Jan 12, 2024 | CoinCodex

PEOPLE up +39.86%, BTC +0.29%, Bitcoin Gold is The Coin of The Day - Daily Market Update for Jan 12, 2024

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.78T to $ 1.78T in the past 24 hours, representing a -0.04% change
  • The Bitcoin price at press time is $ 46,199 after growing by 0.29% in the last 24 hours
  • The total crypto trading volume decreased by -0.04% in the past 24 hours, and is currently at $ 350.79B
  • All prices and changes are presented at the time of publication: January 12, 2024, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.78T after a -0.04% decrease on the day. The total crypto trading volume declined by -0.04% in the same time frame.

Bitcoin is trading at $ 46,199 after seeing a 0.29% gain in the last 24 hours. The Bitcoin dominance fell by -0.02% and BTC currently represents 50.81% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 905.32B after gaining 0.29% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.02% and reach $ 46,188 by January 17, 2024. 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 $ 2,609.20 and has a market capitalization of $ 313.58B. ETH increased by 0.45% 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 79% of coins lost value in the last 24 hours.

Today’s Top Gainers are ConstitutionDAO, Bitcoin Gold, and Livepeer

Thanks to a 39.86% price increase, ConstitutionDAO was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Bitcoin Gold came in second place, with 24-hour gains of 31.17%. Livepeer, Braintrust and Sui Crypto complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Kadena, SKALE, and Tribe

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Kadena, which saw a loss of -10.29%. SKALE also didn’t perform well, as its price declined by -10.04% in the last 24 hours. Tribe, Akash Network and OriginTrail round out today’s top 5 worst performers.

Blox reached new All-Time High after gaining +63.58% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

  • Blox’s new ATH is $ 0.432845

Congratulations to the HODLers!

Coin of the Day is Bitcoin Gold

Thanks to its impressive 31.17% performance, Bitcoin Gold is today’s coin of the day! Bitcoin Gold is currently trading at $ 30.51. Learn more about Bitcoin Gold and its position in the market on our Bitcoin Gold price prediction page.

Our technical indicators show that the current Bitcoin Gold sentiment is Bullish.

Buy/Sell Bitcoin Gold

Source: https://coincodex.com/article/36589/daily-market-update-for-january-12-2024/