Key highlights:
- The total cryptocurrency market cap increased from $ 1.67T to $ 1.72T in the past 24 hours, representing a 3.20% change
- The Bitcoin price at press time is $ 43,215 after growing by 1.78% in the last 24 hours
- The total crypto trading volume increased by 3.20% in the past 24 hours, and is currently at $ 348.15B
- All prices and changes are presented at the time of publication: December 28, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.72T after a 3.20% increase on the day. The total crypto trading volume increased by 3.20% in the same time frame.
Bitcoin is trading at $ 43,215 after seeing a 1.78% gain in the last 24 hours. The Bitcoin dominance fell by -0.88% and BTC currently represents 49.10% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 846.26B after gaining 1.78% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -5.13% and reach $ 40,999 by January 2, 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 $ 2,395.22 and has a market capitalization of $ 287.87B. ETH increased by 7.39% 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.
- Binance Coin, which was previously ranked 4, is ranked at 3.
- Solana, which was previously ranked 3, is ranked at 4.
- Chainlink, which was previously ranked 11, is ranked at 9.
- TRON, which was previously ranked 9, is ranked at 10.
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 Bitcoin SV, SKALE, and Aave
Thanks to a 59.11% price increase, Bitcoin SV was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. SKALE came in second place, with 24-hour gains of 33.55%. Aave, Ethereum PoW and Arbitrum complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are NFPrompt, Raydium, and Bonk
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was NFPrompt, which saw a loss of -16.66%. Raydium also didn’t perform well, as its price declined by -12.33% in the last 24 hours. Bonk, Helium Mobile and Sei round out today’s top 5 worst performers.
Venus BNB reached new All-Time High after gaining +0.00% 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 Bitcoin SV
Thanks to its impressive 59.11% performance, Bitcoin SV is today’s coin of the day! Bitcoin SV is currently trading at $ 86.51. Learn more about Bitcoin SV and its position in the market on our Bitcoin SV price prediction page.
Our technical indicators show that the current Bitcoin SV sentiment is Bullish.
Buy/Sell Bitcoin SV
Source: https://coincodex.com/article/36124/daily-market-update-for-december-28-2023/