Key highlights:
- The total cryptocurrency market cap decreased from $ 1.69T to $ 1.69T in the past 24 hours, representing a -0.19% change
- The Bitcoin price at press time is $ 42,776 after growing by 0.09% in the last 24 hours
- The total crypto trading volume decreased by -0.19% in the past 24 hours, and is currently at $ 180.83B
- All prices and changes are presented at the time of publication: January 16, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.69T after a -0.19% decrease on the day. The total crypto trading volume declined by -0.19% in the same time frame.
Bitcoin is trading at $ 42,776 after seeing a 0.09% gain in the last 24 hours. The Bitcoin dominance grew by 0.20% and BTC currently represents 49.64% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 838.40B after gaining 0.09% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -6.54% and reach $ 39,978 by January 21, 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 $ 2,534.29 and has a market capitalization of $ 304.57B. ETH increased by 0.50% 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 83% of coins lost value in the last 24 hours.
Today’s Top Gainers are Klaytn, Flare, and XAIToken
Thanks to a 28.21% price increase, Klaytn was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Flare came in second place, with 24-hour gains of 26.02%. XAIToken, FINSCHIA and Ribbon Finance complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Dogwifhat, Threshold Network Token, and Aptos
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Dogwifhat, which saw a loss of -22.17%. Threshold Network Token also didn’t perform well, as its price declined by -20.25% in the last 24 hours. Aptos, Ethereum Name Service and Sui Crypto round out today’s top 5 worst performers.
XAIToken reached new All-Time High after gaining +53.27% in the last month
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
Congratulations to the HODLers!
Coin of the Day is Klaytn
Thanks to its impressive 28.21% performance, Klaytn is today’s coin of the day! Klaytn is currently trading at $ 0.247738. Learn more about Klaytn and its position in the market on our Klaytn price prediction page.
Our technical indicators show that the current Klaytn sentiment is Neutral.
Buy/Sell Klaytn
Source: https://coincodex.com/article/36700/daily-market-update-for-january-16-2024/