Key highlights:
- The total cryptocurrency market cap increased from $ 1.40T to $ 1.43T in the past 24 hours, representing a 1.70% change
- The Bitcoin price at press time is $ 37,089 after growing by 0.91% in the last 24 hours
- The total crypto trading volume increased by 1.70% in the past 24 hours, and is currently at $ 322.87B
- All prices and changes are presented at the time of publication: November 11, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.43T after a 1.70% increase on the day. The total crypto trading volume increased by 1.70% in the same time frame.
Bitcoin is trading at $ 37,089 after seeing a 0.91% gain in the last 24 hours. The Bitcoin dominance fell by -0.01% and BTC currently represents 50.75% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 724.69B after gaining 0.91% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -5.30% and reach $ 35,122 by November 16, 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 $ 2,058.47 and has a market capitalization of $ 247.55B. ETH decreased by -3.08% 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 9.
- Toncoin, which was previously ranked 9, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 81% of coins lost value in the last 24 hours.
Today’s Top Gainers are FTX Token, Terra, and Celestia
Thanks to a 47.87% price increase, FTX Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Terra came in second place, with 24-hour gains of 45.85%. Celestia, 0x and Cronos complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Ordinals, NEO, and Tellor
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Ordinals, which saw a loss of -14.70%. NEO also didn’t perform well, as its price declined by -12.14% in the last 24 hours. Tellor, Ethereum Classic and Polymath round out today’s top 5 worst performers.
OKB reached new All-Time High after gaining +45.03% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
- OKB’s new ATH is $ 63.19
- Celestia’s new ATH is $ 3.89
Congratulations to the HODLers!
Coin of the Day is FTX Token
Thanks to its impressive 47.87% performance, FTX Token is today’s coin of the day! FTX Token is currently trading at $ 4.34. 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 Bullish.
Buy/Sell FTX Token
Source: https://coincodex.com/article/34298/daily-market-update-for-november-11-2023/