Key highlights:
- The total cryptocurrency market cap increased from $ 1.47T to $ 1.47T in the past 24 hours, representing a 0.48% change
- The Bitcoin price at press time is $ 38,750 after growing by 1.65% in the last 24 hours
- The total crypto trading volume increased by 0.48% in the past 24 hours, and is currently at $ 157.39B
- All prices and changes are presented at the time of publication: December 2, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.47T after a 0.48% increase on the day. The total crypto trading volume increased by 0.48% in the same time frame.
Bitcoin is trading at $ 38,750 after seeing a 1.65% gain in the last 24 hours. The Bitcoin dominance grew by 0.21% and BTC currently represents 51.43% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 757.89B after gaining 1.65% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.55% and reach $ 38,538 by December 7, 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 $ 2,099.47 and has a market capitalization of $ 252.43B. ETH increased by 0.21% 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 76% of coins lost value in the last 24 hours.
Today’s Top Gainers are Terra Classic, Flare, and Stacks
Thanks to a 19.46% price increase, Terra Classic 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 13.09%. Stacks, IOTA and Beldex complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium, OriginTrail, and Axelar
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium, which saw a loss of -7.00%. OriginTrail also didn’t perform well, as its price declined by -5.59% in the last 24 hours. Axelar, Theta Fuel and Sui Crypto round out today’s top 5 worst performers.
Celestia reached new All-Time High after gaining +164.00% 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 Terra Classic
Thanks to its impressive 19.40% performance, Terra Classic is today’s coin of the day! Terra Classic is currently trading at $ 0.000140. Learn more about Terra Classic and its position in the market on our Terra Classic price prediction page.
Our technical indicators show that the current Terra Classic sentiment is Neutral.
Buy/Sell Terra Classic
Source: https://coincodex.com/article/35181/daily-market-update-for-december-02-2023/