Key highlights:
- The total cryptocurrency market cap increased from $ 1.05T to $ 1.07T in the past 24 hours, representing a 1.85% change
- The Bitcoin price at press time is $ 26,668 after growing by 4.34% in the last 24 hours
- The total crypto trading volume increased by 1.85% in the past 24 hours, and is currently at $ 143.50B
- All prices and changes are presented at the time of publication: June 17, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.07T after a 1.85% increase on the day. The total crypto trading volume increased by 1.85% in the same time frame.
Bitcoin is trading at $ 26,668 after seeing a 4.34% gain in the last 24 hours. The Bitcoin dominance grew by 1.10% and BTC currently represents 48.43% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 517.31B after gaining 4.34% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.49% and reach $ 26,271 by June 22, 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 $ 1,751.57 and has a market capitalization of $ 210.94B. ETH increased by 4.51% 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 71% of coins lost value in the last 24 hours.
Today’s Top Gainers are Quant, Frax Share, and SafePal
Thanks to a 19.45% price increase, Quant was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Frax Share came in second place, with 24-hour gains of 18.23%. SafePal, Sui Crypto and Blur complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are ABBC COIN, FTX Token, and TomoChain
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was ABBC COIN, which saw a loss of -5.52%. FTX Token also didn’t perform well, as its price declined by -2.96% in the last 24 hours. TomoChain, Kaspa and BitTorrent round out today’s top 5 worst performers.
Coin of the Day is Quant
Thanks to its impressive 19.45% performance, Quant is today’s coin of the day! Quant is currently trading at $ 115.04. Learn more about Quant and its position in the market on our Quant price prediction page.
Our technical indicators show that the current Quant sentiment is Bullish.
Buy/Sell Quant
Source: https://coincodex.com/article/28696/daily-market-update-for-june-17-2023/