FTT up +16.85%, BTC +1.90%, FTX Token is The Coin of The Day – Daily Market Update for Feb 11, 2024 | CoinCodex

Key highlights:

• The total cryptocurrency market cap increased from $ 1.79T to $ 1.81T in the past 24 hours, representing a 0.81% change
• The Bitcoin price at press time is $ 48,225 after growing by 1.90% in the last 24 hours
• The total crypto trading volume increased by 0.81% in the past 24 hours, and is currently at $ 137.99B
• All prices and changes are presented at the time of publication: February 11, 2024, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.81T after a 0.81% increase on the day. The total crypto trading volume increased by 0.81% in the same time frame.

Bitcoin is trading at $ 48,225 after seeing a 1.90% gain in the last 24 hours. The Bitcoin dominance grew by 0.73% and BTC currently represents 52.35% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 946.38B after gaining 1.90% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.12% and reach $ 48,165 by February 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 $ 2,530.07 and has a market capitalization of $ 304.04B. ETH increased by 0.59% 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 8.
• Dogecoin, which was previously ranked 8, 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 83% of coins lost value in the last 24 hours.

Today’s Top Gainers are FTX Token, Dogwifhat, and Echelon Prime

Thanks to a 16.85% price increase, FTX Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Dogwifhat came in second place, with 24-hour gains of 13.47%. Echelon Prime, SuperFarm and Bittensor complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Pocket Network, Raydium, and Rocket Pool

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Pocket Network, which saw a loss of -6.68%. Raydium also didn’t perform well, as its price declined by -5.34% in the last 24 hours. Rocket Pool, Axelar and Pendle round out today’s top 5 worst performers.

Coin of the Day is FTX Token

Thanks to its impressive 16.85% performance, FTX Token is today’s coin of the day! FTX Token is currently trading at $ 1.88. Learn more about FTX Token and its position in the market on our FTX Token price prediction page.

Our technical indicators show that the current FTX Token sentiment is Bearish.

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