Key highlights:
- The total cryptocurrency market cap increased from $ 1.57T to $ 1.63T in the past 24 hours, representing a 3.80% change
- The Bitcoin price at press time is $ 42,800 after growing by 4.37% in the last 24 hours
- The total crypto trading volume increased by 3.80% in the past 24 hours, and is currently at $ 238.30B
- All prices and changes are presented at the time of publication: December 14, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.63T after a 3.80% increase on the day. The total crypto trading volume increased by 3.80% in the same time frame.
Bitcoin is trading at $ 42,800 after seeing a 4.37% gain in the last 24 hours. The Bitcoin dominance grew by 0.05% and BTC currently represents 51.48% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 837.57B after gaining 4.37% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -4.46% and reach $ 40,891 by December 19, 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 $ 2,270.03 and has a market capitalization of $ 272.88B. ETH increased by 4.03% 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 8, is ranked at 7.
- Dogecoin, which was previously ranked 7, is ranked at 8.
Bears Dominate the Market Today
The bears dominated the market today as 73% of coins lost value in the last 24 hours.
Today’s Top Gainers are Bonk, Injective, and Akash Network
Thanks to a 47.07% price increase, Bonk was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Injective came in second place, with 24-hour gains of 28.57%. Akash Network, SuperFarm and Helium complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are FINSCHIA, FTX Token, and Power Ledger
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was FINSCHIA, which saw a loss of -2.64%. FTX Token also didn’t perform well, as its price declined by -0.59% in the last 24 hours. Power Ledger, UNUS SED LEO and Aptos round out today’s top 5 worst performers.
Injective reached new All-Time High after gaining +98.99% in the last month, 2 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:
Today 3 cryptocurrencies reached a new ATH. Amongst the top gainers was Injective that reached a new ATH after gaining +28.57% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are KUJI and PETS.
Congratulations to the HODLers!
Coin of the Day is MicroPets
Thanks to its impressive 48.07% performance, MicroPets is today’s coin of the day! MicroPets is currently trading at $ 0.000121. Learn more about MicroPets and its position in the market on our MicroPets price prediction page.
Our technical indicators show that the current MicroPets sentiment is Bullish.
Buy/Sell MicroPets
Source: https://coincodex.com/article/35626/daily-market-update-for-december-14-2023/