Key highlights:
- The total cryptocurrency market cap increased from $ 1.55T to $ 1.62T in the past 24 hours, representing a 4.55% change
- The Bitcoin price at press time is $ 43,662 after growing by 4.18% in the last 24 hours
- The total crypto trading volume increased by 4.55% in the past 24 hours, and is currently at $ 278.93B
- All prices and changes are presented at the time of publication: December 6, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.62T after a 4.55% increase on the day. The total crypto trading volume increased by 4.55% in the same time frame.
Bitcoin is trading at $ 43,662 after seeing a 4.18% gain in the last 24 hours. The Bitcoin dominance grew by 0.20% and BTC currently represents 52.57% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 854.12B after gaining 4.18% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -6.00% and reach $ 41,042 by December 11, 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 $ 2,271.07 and has a market capitalization of $ 273.04B. ETH increased by 1.51% 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 10, is ranked at 9.
- Chainlink, which was previously ranked 9, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 76% of coins lost value in the last 24 hours.
Today’s Top Gainers are Helium, Bonk, and Celestia
Thanks to a 46.04% price increase, Helium was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Bonk came in second place, with 24-hour gains of 24.16%. Celestia, Casper and Avalanche complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are IoTeX, TerraClassicUSD, and Terra Classic
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was IoTeX, which saw a loss of -15.32%. TerraClassicUSD also didn’t perform well, as its price declined by -12.21% in the last 24 hours. Terra Classic, Ankr Network and SuperFarm round out today’s top 5 worst performers.
Celestia reached new All-Time High after gaining +353.00% in the last month, 3 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:
Today 4 cryptocurrencies reached a new ATH. Amongst the top gainers was Celestia that reached a new ATH after gaining +20.81% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are CBETH, BONK and MEME.
Congratulations to the HODLers!
Coin of the Day is Helium
Thanks to its impressive 46.91% performance, Helium is today’s coin of the day! Helium is currently trading at $ 4.08. Learn more about Helium and its position in the market on our Helium price prediction page.
Our technical indicators show that the current Helium sentiment is Bullish.
Buy/Sell Helium
Source: https://coincodex.com/article/35296/daily-market-update-for-december-06-2023/