FTT up +38.92%, BTC +1.50%, FTX Token is The Coin of The Day – Daily Market Update for Nov 22, 2024

Key highlights:

  • The total cryptocurrency market cap increased from $ 3.22T to $ 3.29T in the past 24 hours, representing a 2.33% change
  • The Bitcoin price at press time is $ 98,795 after growing by 1.50% in the last 24 hours
  • The total crypto trading volume increased by 2.33% in the past 24 hours, and is currently at $ 679.00B
  • All prices and changes are presented at the time of publication: November 22, 2024, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 3.29T after a 2.33% increase on the day. The total crypto trading volume increased by 2.33% in the same time frame.

Bitcoin is trading at $ 98,795 after seeing a 1.50% gain in the last 24 hours. The Bitcoin dominance fell by -0.39% and BTC currently represents 59.40% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 1.95T after gaining 1.50% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by November 22, 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 $ 3,378.51 and has a market capitalization of $ 406.86B. ETH increased by 8.61% 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.

  • Avalanche, which was previously ranked 11, is ranked at 10.

Bears Dominate the Market Today

The bears dominated the market today as 64% of coins lost value in the last 24 hours.

Today’s Top Gainers are FTX Token, Mog Coin, and XRP

Thanks to a 38.92% price increase, FTX Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Mog Coin came in second place, with 24-hour gains of 27.15%. XRP, Jito and Optimism complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Peanut the Squirrel, eCash, and Bitcoin SV

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Peanut the Squirrel, which saw a loss of -11.47%. eCash also didn’t perform well, as its price declined by -8.84% in the last 24 hours. Bitcoin SV, Bitcoin Gold and Bitcoin Cash round out today’s top 5 worst performers.

Bitcoin reached new All-Time High after gaining +47.16% in the last month, 5 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:

  • Bitcoin’s new ATH is $ 99,292
  • Solana’s new ATH is $ 264.00
  • Wrapped Bitcoin’s new ATH is $ 98,954
  • BlazeStake Staked SOL’s new ATH is $ 305.22
  • Verus Coin’s new ATH is $ 4.65
  • Mantle Restaked Ether’s new ATH is $ 3,593.68

Today 6 cryptocurrencies reached a new ATH. Amongst the top gainers was Bitcoin that reached a new ATH after gaining +1.50% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are SOL, WBTC, BSOL, and 2 more.

Congratulations to the HODLers!

Coin of the Day is FTX Token

Thanks to its impressive 38.92% performance, FTX Token is today’s coin of the day! FTX Token is currently trading at $ 2.81. Learn more about FTX Token and its position in the market on our FTX Token price prediction page.

Our technical indicators show that the current FTX Token sentiment is Bearish.

Buy/Sell FTX Token

Source: https://coincodex.com/article/54540/daily-market-update-for-november-22-2024/