Key highlights:
- The total cryptocurrency market cap decreased from $ 1.27T to $ 1.22T in the past 24 hours, representing a -3.35% change
- The Bitcoin price at press time is $ 30,295 after falling by -3.40% in the last 24 hours
- The total crypto trading volume decreased by -3.35% in the past 24 hours, and is currently at $ 275.57B
- All prices and changes are presented at the time of publication: July 15, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.22T after a -3.35% decrease on the day. The total crypto trading volume declined by -3.35% in the same time frame.
Bitcoin is trading at $ 30,295 after seeing a -3.40% loss in the last 24 hours. The Bitcoin dominance grew by 0.03% and BTC currently represents 48.05% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 588.50B after losing -3.40% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -9.54% and reach $ 27,405 by July 20, 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 $ 1,926.98 and has a market capitalization of $ 232.06B. ETH decreased by -3.87% 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.
- Binance Coin, which was previously ranked 4, is ranked at 3.
- XRP, which was previously ranked 3, is ranked at 4.
- Solana, which was previously ranked 6, is ranked at 5.
- Cardano, which was previously ranked 5, is ranked at 6.
Bears Dominate the Market Today
The bears dominated the market today as 89% of coins lost value in the last 24 hours.
Today’s Top Gainers are Pendle, JUST, and Synthetix
Thanks to a 12.19% price increase, Pendle was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. JUST came in second place, with 24-hour gains of 11.81%. Synthetix, Optimism and Shiba Inu complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Stellar, Fantom, and Render Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Stellar, which saw a loss of -12.47%. Fantom also didn’t perform well, as its price declined by -11.28% in the last 24 hours. Render Token, Bitcoin Cash and XRP round out today’s top 5 worst performers.
Coin of the Day is Optimism
Thanks to its impressive 4.95% performance, Optimism is today’s coin of the day! Optimism is currently trading at $ 1.44. Learn more about Optimism and its position in the market on our Optimism price prediction page.
Our technical indicators show that the current Optimism sentiment is Neutral.
Buy/Sell Optimism
Source: https://coincodex.com/article/30025/daily-market-update-for-july-15-2023/