Key highlights:
- The total cryptocurrency market cap increased from $ 2.79T to $ 2.99T in the past 24 hours, representing a 7.30% change
- The Bitcoin price at press time is $ 88,357 after growing by 9.46% in the last 24 hours
- The total crypto trading volume increased by 7.30% in the past 24 hours, and is currently at $ 799.13B
- All prices and changes are presented at the time of publication: November 12, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 2.99T after a 7.30% increase on the day. The total crypto trading volume increased by 7.30% in the same time frame.
Bitcoin is trading at $ 88,357 after seeing a 9.46% gain in the last 24 hours. The Bitcoin dominance grew by 0.73% and BTC currently represents 58.32% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 1.75T after gaining 9.46% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by November 12, 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 $ 3,330.93 and has a market capitalization of $ 400.97B. ETH increased by 6.43% 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 11, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 65% of coins lost value in the last 24 hours.
Today’s Top Gainers are Cronos, Dogecoin, and AIOZ Network
Thanks to a 44.16% price increase, Cronos was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Dogecoin came in second place, with 24-hour gains of 43.92%. AIOZ Network, Akash Network and Worldcoin complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Gigachad, Raydium, and Goatseus Maximus
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Gigachad, which saw a loss of -13.89%. Raydium also didn’t perform well, as its price declined by -12.25% in the last 24 hours. Goatseus Maximus, Mog Coin and SPX6900 round out today’s top 5 worst performers.
Wrapped Bitcoin reached new All-Time High after gaining +40.79% 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:
- Wrapped Bitcoin’s new ATH is $ 89,249
- Neiro’s new ATH is $ 0.002903
- MetaGamesCoin’s new ATH is $ 0.465038
Today 3 cryptocurrencies reached a new ATH. Amongst the top gainers was Wrapped Bitcoin that reached a new ATH after gaining +9.50% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are NEIRO and MGC.
Congratulations to the HODLers!
Coin of the Day is Cronos
Thanks to its impressive 44.16% performance, Cronos is today’s coin of the day! Cronos is currently trading at $ 0.212515. Learn more about Cronos and its position in the market on our Cronos price prediction page.
Our technical indicators show that the current Cronos sentiment is Bullish.
Buy/Sell Cronos
Source: https://coincodex.com/article/53253/daily-market-update-for-november-12-2024/