Key highlights:
- The total cryptocurrency market cap increased from $ 1.66T to $ 1.68T in the past 24 hours, representing a 1.31% change
- The Bitcoin price at press time is $ 44,140 after growing by 1.44% in the last 24 hours
- The total crypto trading volume increased by 1.31% in the past 24 hours, and is currently at $ 299.10B
- All prices and changes are presented at the time of publication: December 22, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.68T after a 1.31% increase on the day. The total crypto trading volume increased by 1.31% in the same time frame.
Bitcoin is trading at $ 44,140 after seeing a 1.44% gain in the last 24 hours. The Bitcoin dominance fell by -0.22% and BTC currently represents 51.52% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 864.13B after gaining 1.44% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.02% and reach $ 44,133 by December 27, 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 $ 2,264.86 and has a market capitalization of $ 272.20B. ETH increased by 2.97% 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.
- Solana, which was previously ranked 4, is ranked at 3.
- Binance Coin, which was previously ranked 3, is ranked at 4.
Bears Dominate the Market Today
The bears dominated the market today as 74% of coins lost value in the last 24 hours.
Today’s Top Gainers are Raydium, Centrifuge, and Tellor
Thanks to a 74.26% price increase, Raydium was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Centrifuge came in second place, with 24-hour gains of 34.35%. Tellor, Algorand and JOE complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium Mobile, Storj, and IoTeX
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium Mobile, which saw a loss of -18.27%. Storj also didn’t perform well, as its price declined by -17.55% in the last 24 hours. IoTeX, Bounce Token and Helium round out today’s top 5 worst performers.
FINSCHIA reached new All-Time High after gaining +34.77% 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 Algorand
Thanks to its impressive 27.67% performance, Algorand is today’s coin of the day! Algorand is currently trading at $ 0.249811. Learn more about Algorand and its position in the market on our Algorand price prediction page.
Our technical indicators show that the current Algorand sentiment is Bullish.
Buy/Sell Algorand
Source: https://coincodex.com/article/36016/daily-market-update-for-december-22-2023/