Key highlights:
- The total cryptocurrency market cap increased from $ 1.72T to $ 1.78T in the past 24 hours, representing a 3.89% change
- The Bitcoin price at press time is $ 46,076 after growing by 0.21% in the last 24 hours
- The total crypto trading volume increased by 3.89% in the past 24 hours, and is currently at $ 375.62B
- All prices and changes are presented at the time of publication: January 11, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.78T after a 3.89% increase on the day. The total crypto trading volume increased by 3.89% in the same time frame.
Bitcoin is trading at $ 46,076 after seeing a 0.21% gain in the last 24 hours. The Bitcoin dominance fell by -1.47% and BTC currently represents 50.66% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 902.87B after gaining 0.21% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.11% and reach $ 46,026 by January 16, 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 $ 2,597.30 and has a market capitalization of $ 312.15B. ETH increased by 8.71% 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 74% of coins lost value in the last 24 hours.
Today’s Top Gainers are Ethereum Name Service, Ethereum Classic, and Pendle
Thanks to a 34.28% price increase, Ethereum Name Service was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ethereum Classic came in second place, with 24-hour gains of 31.92%. Pendle, Mantle and Astar complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Threshold Network Token, Helium Mobile, and Bonk
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Threshold Network Token, which saw a loss of -7.36%. Helium Mobile also didn’t perform well, as its price declined by -2.97% in the last 24 hours. Bonk, STEPN and Bittensor round out today’s top 5 worst performers.
Mantle reached new All-Time High after gaining +34.95% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
- Mantle’s new ATH is $ 0.807167
- Blox’s new ATH is $ 0.314065
Congratulations to the HODLers!
Coin of the Day is Ethereum Name Service
Thanks to its impressive 34.28% performance, Ethereum Name Service is today’s coin of the day! Ethereum Name Service is currently trading at $ 19.04. Learn more about Ethereum Name Service and its position in the market on our Ethereum Name Service price prediction page.
Our technical indicators show that the current Ethereum Name Service sentiment is Bullish.
Buy/Sell Ethereum Name Service
Source: https://coincodex.com/article/36547/daily-market-update-for-january-11-2024/