Key highlights:
- The total cryptocurrency market cap decreased from $ 1.89T to $ 1.86T in the past 24 hours, representing a -1.16% change
- The Bitcoin price at press time is $ 49,525 after falling by -1.05% in the last 24 hours
- The total crypto trading volume decreased by -1.16% in the past 24 hours, and is currently at $ 224.72B
- All prices and changes are presented at the time of publication: February 14, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.86T after a -1.16% decrease on the day. The total crypto trading volume declined by -1.16% in the same time frame.
Bitcoin is trading at $ 49,525 after seeing a -1.05% loss in the last 24 hours. The Bitcoin dominance grew by 0.04% and BTC currently represents 52.14% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 972.04B after losing -1.05% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 2.65% and reach $ 50,836 by February 19, 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 $ 2,650.54 and has a market capitalization of $ 318.51B. ETH decreased by -0.40% 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.
- TRON, which was previously ranked 10, is ranked at 8.
- Chainlink, which was previously ranked 8, is ranked at 9.
- Dogecoin, which was previously ranked 9, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 85% of coins lost value in the last 24 hours.
Today’s Top Gainers are Orbler, Ribbon Finance, and Nervos Network
Thanks to a 46.27% price increase, Orbler was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ribbon Finance came in second place, with 24-hour gains of 34.47%. Nervos Network, Ondo Finance and Blur complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Dogwifhat, Kujira, and Injective
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Dogwifhat, which saw a loss of -6.70%. Kujira also didn’t perform well, as its price declined by -7.16% in the last 24 hours. Injective, Litecoin and Tellor round out today’s top 5 worst performers.
Sui Crypto reached new All-Time High after gaining +35.48% 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 Bittensor
Thanks to its impressive 9.25% performance, Bittensor is today’s coin of the day! Bittensor is currently trading at $ 577.88. Learn more about Bittensor and its position in the market on our Bittensor price prediction page.
Our technical indicators show that the current Bittensor sentiment is Bullish.
Buy/Sell Bittensor
Source: https://coincodex.com/article/37810/daily-market-update-for-february-14-2024/