Key highlights:
- The total cryptocurrency market cap decreased from $ 1.69T to $ 1.67T in the past 24 hours, representing a -1.18% change
- The Bitcoin price at press time is $ 43,238 after falling by -0.53% in the last 24 hours
- The total crypto trading volume decreased by -1.18% in the past 24 hours, and is currently at $ 308.99B
- All prices and changes are presented at the time of publication: December 25, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.67T after a -1.18% decrease on the day. The total crypto trading volume declined by -1.18% in the same time frame.
Bitcoin is trading at $ 43,238 after seeing a -0.53% loss in the last 24 hours. The Bitcoin dominance grew by 0.14% and BTC currently represents 50.69% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 846.61B after losing -0.53% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.03% and reach $ 43,253 by December 30, 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 $ 2,296.33 and has a market capitalization of $ 275.98B. ETH increased by 0.00% 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.
- Polkadot, which was previously ranked 11, 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 Kadena, Moonriver, and Kusama
Thanks to a 71.95% price increase, Kadena was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Moonriver came in second place, with 24-hour gains of 53.37%. Kusama, Oasis Network and Axie Infinity complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are aelf, Helium Mobile, and Helium
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was aelf, which saw a loss of -34.02%. Helium Mobile also didn’t perform well, as its price declined by -19.07% in the last 24 hours. Helium, Ethereum PoW and Bittensor round out today’s top 5 worst performers.
Coin of the Day is Oasis Network
Thanks to its impressive 20.27% performance, Oasis Network is today’s coin of the day! Oasis Network is currently trading at $ 0.137436. Learn more about Oasis Network and its position in the market on our Oasis Network price prediction page.
Our technical indicators show that the current Oasis Network sentiment is Bullish.
Buy/Sell Oasis Network
Source: https://coincodex.com/article/36070/daily-market-update-for-december-25-2023/