PENDLE up +9.71%, BTC -2.06%, PancakeSwap is The Coin of The Day – Daily Market Update for Jun 26, 2023 | CoinCodex

PENDLE up +9.71%, BTC -2.06%, PancakeSwap is The Coin of The Day - Daily Market Update for Jun 26, 2023

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.21T to $ 1.19T in the past 24 hours, representing a -1.87% change
  • The Bitcoin price at press time is $ 30,215 after falling by -2.06% in the last 24 hours
  • The total crypto trading volume decreased by -1.87% in the past 24 hours, and is currently at $ 183.92B
  • All prices and changes are presented at the time of publication: June 26, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.19T after a -1.87% decrease on the day. The total crypto trading volume declined by -1.87% in the same time frame.

Bitcoin is trading at $ 30,215 after seeing a -2.06% loss in the last 24 hours. The Bitcoin dominance fell by -0.14% and BTC currently represents 49.33% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 586.39B after losing -2.06% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.06% and reach $ 30,232 by July 1, 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 $ 1,875.58 and has a market capitalization of $ 225.87B. ETH decreased by -1.64% 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 8, is ranked at 7.
  • Solana, which was previously ranked 7, is ranked at 8.

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, PancakeSwap, and Monero

Thanks to a 9.71% price increase, Pendle was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. PancakeSwap came in second place, with 24-hour gains of 6.30%. Monero, Uniswap and Synthetix complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Waves, Celo, and Compound

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Waves, which saw a loss of -13.97%. Celo also didn’t perform well, as its price declined by -8.80% in the last 24 hours. Compound, ICON and Theta Token round out today’s top 5 worst performers.

Coin of the Day is PancakeSwap

Thanks to its impressive 6.30% performance, PancakeSwap is today’s coin of the day! PancakeSwap is currently trading at $ 1.55. Learn more about PancakeSwap and its position in the market on our PancakeSwap price prediction page.

Our technical indicators show that the current PancakeSwap sentiment is Bearish.

Buy/Sell PancakeSwap

Source: https://coincodex.com/article/29095/daily-market-update-for-june-26-2023/