Key highlights:
- The total cryptocurrency market cap increased from $ 1.65T to $ 1.69T in the past 24 hours, representing a 2.33% change
- The Bitcoin price at press time is $ 43,666 after growing by 1.11% in the last 24 hours
- The total crypto trading volume increased by 2.33% in the past 24 hours, and is currently at $ 435.13B
- All prices and changes are presented at the time of publication: January 5, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.69T after a 2.33% increase on the day. The total crypto trading volume increased by 2.33% in the same time frame.
Bitcoin is trading at $ 43,666 after seeing a 1.11% gain in the last 24 hours. The Bitcoin dominance fell by -0.25% and BTC currently represents 50.54% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 855.42B after gaining 1.11% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 6.53% and reach $ 46,518 by January 10, 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 $ 2,249.25 and has a market capitalization of $ 270.32B. ETH increased by 0.45% 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 81% of coins lost value in the last 24 hours.
Today’s Top Gainers are Neutron, Celestia, and Osmosis
Thanks to a 27.49% price increase, Neutron was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Celestia came in second place, with 24-hour gains of 19.66%. Osmosis, Pocket Network and Decentralized Social complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Astar, Tellor, and Celo
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Astar, which saw a loss of -8.33%. Tellor also didn’t perform well, as its price declined by -8.18% in the last 24 hours. Celo, Sei and Band Protocol round out today’s top 5 worst performers.
Coin of the Day is Celestia
Thanks to its impressive 19.66% performance, Celestia is today’s coin of the day! Celestia is currently trading at $ 15.87. Learn more about Celestia and its position in the market on our Celestia price prediction page.
Our technical indicators show that the current Celestia sentiment is Bullish.
Buy/Sell Celestia
Source: https://coincodex.com/article/36316/daily-market-update-for-january-05-2024/