Key highlights:
- The total cryptocurrency market cap increased from $ 1.68T to $ 1.70T in the past 24 hours, representing a 0.87% change
- The Bitcoin price at press time is $ 42,788 after falling by -1.04% in the last 24 hours
- The total crypto trading volume increased by 0.87% in the past 24 hours, and is currently at $ 309.66B
- All prices and changes are presented at the time of publication: December 26, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.70T after a 0.87% increase on the day. The total crypto trading volume increased by 0.87% in the same time frame.
Bitcoin is trading at $ 42,788 after seeing a -1.04% loss in the last 24 hours. The Bitcoin dominance fell by -0.89% and BTC currently represents 49.41% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 837.83B after losing -1.04% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.24% and reach $ 41,403 by December 31, 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 $ 2,243.35 and has a market capitalization of $ 269.61B. ETH decreased by -2.31% 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 84% of coins lost value in the last 24 hours.
Today’s Top Gainers are Osmosis, Ordinals, and Neutron
Thanks to a 30.18% price increase, Osmosis was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Ordinals came in second place, with 24-hour gains of 23.39%. Neutron, Sui Crypto and The Sandbox complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Moonriver, Kadena, and aelf
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Moonriver, which saw a loss of -11.89%. Kadena also didn’t perform well, as its price declined by -10.46% in the last 24 hours. aelf, MultiversX (Elrond) and THORChain round out today’s top 5 worst performers.
Ordinals reached new All-Time High after gaining +221.30% 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 Osmosis
Thanks to its impressive 30.18% performance, Osmosis is today’s coin of the day! Osmosis is currently trading at $ 2.01. Learn more about Osmosis and its position in the market on our Osmosis price prediction page.
Our technical indicators show that the current Osmosis sentiment is Bullish.
Buy/Sell Osmosis
Source: https://coincodex.com/article/36088/daily-market-update-for-december-26-2023/