Key highlights:
- The total cryptocurrency market cap increased from $ 1.41T to $ 1.43T in the past 24 hours, representing a 1.62% change
- The Bitcoin price at press time is $ 37,133 after growing by 1.70% in the last 24 hours
- The total crypto trading volume increased by 1.62% in the past 24 hours, and is currently at $ 174.17B
- All prices and changes are presented at the time of publication: November 20, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.43T after a 1.62% increase on the day. The total crypto trading volume increased by 1.62% in the same time frame.
Bitcoin is trading at $ 37,133 after seeing a 1.70% gain in the last 24 hours. The Bitcoin dominance fell by -0.14% and BTC currently represents 50.80% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 725.85B after gaining 1.70% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -12.16% and reach $ 32,619 by November 25, 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 $ 2,007.94 and has a market capitalization of $ 241.46B. ETH increased by 2.24% 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.
- Chainlink, which was previously ranked 10, is ranked at 9.
- Toncoin, which was previously ranked 9, is ranked at 10.
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 Bonk, Synthetix, and SKALE
Thanks to a 34.54% price increase, Bonk was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Synthetix came in second place, with 24-hour gains of 21.22%. SKALE, Telcoin and SingularityNET complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Beldex, Rollbit Coin, and Celestia
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Beldex, which saw a loss of -9.03%. Rollbit Coin also didn’t perform well, as its price declined by -8.71% in the last 24 hours. Celestia, Render Token and dYdX round out today’s top 5 worst performers.
Bonk reached new All-Time High after gaining +2,256.00% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
- Bonk’s new ATH is $ 0.000005
Congratulations to the HODLers!
Coin of the Day is Synthetix
Thanks to its impressive 21.22% performance, Synthetix is today’s coin of the day! Synthetix is currently trading at $ 3.57. Learn more about Synthetix and its position in the market on our Synthetix price prediction page.
Our technical indicators show that the current Synthetix sentiment is Bullish.
Buy/Sell Synthetix
Source: https://coincodex.com/article/34655/daily-market-update-for-november-20-2023/