Key highlights:
- The total cryptocurrency market cap increased from $ 1.50T to $ 1.53T in the past 24 hours, representing a 1.63% change
- The Bitcoin price at press time is $ 41,491 after growing by 5.25% in the last 24 hours
- The total crypto trading volume increased by 1.63% in the past 24 hours, and is currently at $ 143.88B
- All prices and changes are presented at the time of publication: December 4, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.53T after a 1.63% increase on the day. The total crypto trading volume increased by 1.63% in the same time frame.
Bitcoin is trading at $ 41,491 after seeing a 5.25% gain in the last 24 hours. The Bitcoin dominance grew by 1.80% and BTC currently represents 53.08% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 811.59B after gaining 5.25% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -4.57% and reach $ 39,597 by December 9, 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 $ 2,249.84 and has a market capitalization of $ 270.51B. ETH increased by 3.98% 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 76% of coins lost value in the last 24 hours.
Today’s Top Gainers are Terra Classic, Bonk, and Ordinals
Thanks to a 51.38% price increase, Terra Classic 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 34.62%. Ordinals, Terra and SuperFarm complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Axelar, Echelon Prime, and TerraClassicUSD
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Axelar, which saw a loss of -6.24%. Echelon Prime also didn’t perform well, as its price declined by -3.91% in the last 24 hours. TerraClassicUSD, UNUS SED LEO and OriginTrail round out today’s top 5 worst performers.
Celestia reached new All-Time High after gaining +282.00% in the last month, 5 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 6 cryptocurrencies reached a new ATH. Amongst the top gainers was Celestia that reached a new ATH after gaining +6.20% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are ORDI, CBETH, GLAI, and 2 more.
Congratulations to the HODLers!
Coin of the Day is Terra Classic
Thanks to its impressive 51.38% performance, Terra Classic is today’s coin of the day! Terra Classic is currently trading at $ 0.000237. 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/35200/daily-market-update-for-december-04-2023/