Key highlights:
- The total cryptocurrency market cap increased from $ 2.96T to $ 3.05T in the past 24 hours, representing a 3.01% change
- The Bitcoin price at press time is $ 91,362 after growing by 4.13% in the last 24 hours
- The total crypto trading volume increased by 3.01% in the past 24 hours, and is currently at $ 567.47B
- All prices and changes are presented at the time of publication: November 16, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 3.05T after a 3.01% increase on the day. The total crypto trading volume increased by 3.01% in the same time frame.
Bitcoin is trading at $ 91,362 after seeing a 4.13% gain in the last 24 hours. The Bitcoin dominance grew by 0.27% and BTC currently represents 59.26% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 1.81T after gaining 4.13% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by November 16, 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 $ 3,133.44 and has a market capitalization of $ 377.34B. ETH increased by 2.41% 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.
- XRP, which was previously ranked 6, is ranked at 5.
- Dogecoin, which was previously ranked 5, is ranked at 6.
- Avalanche, which was previously ranked 12, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 68% of coins lost value in the last 24 hours.
Today’s Top Gainers are MANTRA DAO, Moo Deng, and Flare
Thanks to a 52.48% price increase, MANTRA DAO was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Moo Deng came in second place, with 24-hour gains of 48.28%. Flare, Goatseus Maximus and Bonk complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Zeebu, SPX6900, and Beldex
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Zeebu, which saw a loss of -3.86%. SPX6900 also didn’t perform well, as its price declined by -2.66% in the last 24 hours. Beldex, Multi-Collateral Dai and USD Coin round out today’s top 5 worst performers.
Sui Crypto reached new All-Time High after gaining +76.99% in the last month, 3 other cryptocurrencies reached a new ATH in the last 24 hours
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
- Sui Crypto’s new ATH is $ 3.87
- MANTRA DAO’s new ATH is $ 2.73
- Brett’s new ATH is $ 0.194791
- Mog Coin’s new ATH is $ 0.000003
Today 4 cryptocurrencies reached a new ATH. Amongst the top gainers was Sui Crypto that reached a new ATH after gaining +19.55% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are OM, BRETT and MOG.
Congratulations to the HODLers!
Coin of the Day is MANTRA DAO
Thanks to its impressive 52.48% performance, MANTRA DAO is today’s coin of the day! MANTRA DAO is currently trading at $ 2.41. Learn more about MANTRA DAO and its position in the market on our MANTRA DAO price prediction page.
Our technical indicators show that the current MANTRA DAO sentiment is Bullish.
Buy/Sell MANTRA DAO
Source: https://coincodex.com/article/53787/daily-market-update-for-november-16-2024/