Key highlights:
- The total cryptocurrency market cap increased from $ 1.65T to $ 1.67T in the past 24 hours, representing a 1.06% change
- The Bitcoin price at press time is $ 42,211 after growing by 0.25% in the last 24 hours
- The total crypto trading volume increased by 1.06% in the past 24 hours, and is currently at $ 167.85B
- All prices and changes are presented at the time of publication: December 31, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.67T after a 1.06% increase on the day. The total crypto trading volume increased by 1.06% in the same time frame.
Bitcoin is trading at $ 42,211 after seeing a 0.25% gain in the last 24 hours. The Bitcoin dominance grew by 0.05% and BTC currently represents 49.53% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 826.72B after gaining 0.25% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -10.85% and reach $ 37,630 by January 5, 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 $ 2,291.53 and has a market capitalization of $ 275.40B. ETH decreased by -1.08% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
Bears Dominate the Market Today
The bears dominated the market today as 85% of coins lost value in the last 24 hours.
Today’s Top Gainers are Internet Computer, Ontology, and OriginTrail
Thanks to a 28.16% price increase, Internet Computer was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ontology came in second place, with 24-hour gains of 18.50%. OriginTrail, Sei and Tellor complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are WEMIX Token, Bitcoin SV, and Theta Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was WEMIX Token, which saw a loss of -12.69%. Bitcoin SV also didn’t perform well, as its price declined by -10.73% in the last 24 hours. Theta Token, Bitcoin Gold and eCash round out today’s top 5 worst performers.
Tellor reached new All-Time High after gaining +237.83% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
- Tellor’s new ATH is $ 268.82
Congratulations to the HODLers!
Coin of the Day is Internet Computer
Thanks to its impressive 28.16% performance, Internet Computer is today’s coin of the day! Internet Computer is currently trading at $ 12.83. Learn more about Internet Computer and its position in the market on our Internet Computer price prediction page.
Our technical indicators show that the current Internet Computer sentiment is Bullish.
Buy/Sell Internet Computer
Source: https://coincodex.com/article/36190/daily-market-update-for-december-31-2023/