MASK up +51.27%, BTC +0.41%, Power Ledger is The Coin of The Day – Daily Market Update for Jan 07, 2024 | CoinCodex

Key highlights:

• The total cryptocurrency market cap increased from $ 1.66T to $ 1.67T in the past 24 hours, representing a 0.82% change
• The Bitcoin price at press time is $ 43,883 after growing by 0.41% in the last 24 hours
• The total crypto trading volume increased by 0.82% in the past 24 hours, and is currently at $ 315.39B
• All prices and changes are presented at the time of publication: January 7, 2024, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.67T after a 0.82% increase on the day. The total crypto trading volume increased by 0.82% in the same time frame.

Bitcoin is trading at $ 43,883 after seeing a 0.41% gain in the last 24 hours. The Bitcoin dominance fell by -0.18% and BTC currently represents 51.47% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 859.75B after gaining 0.41% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.72% and reach $ 45,076 by January 12, 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 $ 2,244.28 and has a market capitalization of $ 269.73B. ETH increased by 0.28% 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 80% of coins lost value in the last 24 hours.

Today’s Top Gainers are Mask Network, STEPN, and ConstitutionDAO

Thanks to a 51.27% price increase, Mask Network was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. STEPN came in second place, with 24-hour gains of 47.95%. ConstitutionDAO, Conflux Network and Power Ledger complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Threshold Network Token, Helium Mobile, and Lido DAO Token

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Threshold Network Token, which saw a loss of -14.32%. Helium Mobile also didn’t perform well, as its price declined by -9.31% in the last 24 hours. Lido DAO Token, Aleph Zero and aelf round out today’s top 5 worst performers.

Coin of the Day is Power Ledger

Thanks to its impressive 15.48% performance, Power Ledger is today’s coin of the day! Power Ledger is currently trading at $ 0.953719. Learn more about Power Ledger and its position in the market on our Power Ledger price prediction page.

Our technical indicators show that the current Power Ledger sentiment is Bullish.

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