Key highlights:
- The total cryptocurrency market cap increased from $ 1.57T to $ 1.62T in the past 24 hours, representing a 3.35% change
- The Bitcoin price at press time is $ 42,959 after growing by 4.68% in the last 24 hours
- The total crypto trading volume increased by 3.35% in the past 24 hours, and is currently at $ 204.81B
- All prices and changes are presented at the time of publication: December 19, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.62T after a 3.35% increase on the day. The total crypto trading volume increased by 3.35% in the same time frame.
Bitcoin is trading at $ 42,959 after seeing a 4.68% gain in the last 24 hours. The Bitcoin dominance grew by 0.57% and BTC currently represents 51.94% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 840.88B after gaining 4.68% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.46% and reach $ 42,332 by December 24, 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 $ 2,246.04 and has a market capitalization of $ 269.96B. ETH increased by 3.02% 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 75% of coins lost value in the last 24 hours.
Today’s Top Gainers are Bounce Token, Sei, and Astar
Thanks to a 47.29% price increase, Bounce Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Sei came in second place, with 24-hour gains of 39.39%. Astar, Injective and Tellor complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium Mobile, Neutron, and FTX Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium Mobile, which saw a loss of -9.01%. Neutron also didn’t perform well, as its price declined by -6.38% in the last 24 hours. FTX Token, WEMIX Token and Axelar round out today’s top 5 worst performers.
Injective reached new All-Time High after gaining +145.00% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
Congratulations to the HODLers!
Coin of the Day is Sei
Thanks to its impressive 39.39% performance, Sei is today’s coin of the day! Sei is currently trading at $ 0.328831. Learn more about Sei and its position in the market on our Sei price prediction page.
Our technical indicators show that the current Sei sentiment is Bullish.
Buy/Sell Sei
Source: https://coincodex.com/article/35833/daily-market-update-for-december-19-2023/