Key highlights:
- The total cryptocurrency market cap increased from $ 1.39T to $ 1.45T in the past 24 hours, representing a 4.30% change
- The Bitcoin price at press time is $ 37,455 after growing by 5.21% in the last 24 hours
- The total crypto trading volume increased by 4.30% in the past 24 hours, and is currently at $ 320.42B
- All prices and changes are presented at the time of publication: November 16, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.45T after a 4.30% increase on the day. The total crypto trading volume increased by 4.30% in the same time frame.
Bitcoin is trading at $ 37,455 after seeing a 5.21% gain in the last 24 hours. The Bitcoin dominance grew by 0.18% and BTC currently represents 50.52% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 732.01B after gaining 5.21% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -4.88% and reach $ 35,628 by November 21, 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 $ 2,061.23 and has a market capitalization of $ 247.87B. ETH increased by 3.66% 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 72% of coins lost value in the last 24 hours.
Today’s Top Gainers are Render Token, Kaspa, and Avalanche
Thanks to a 35.23% price increase, Render Token was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Kaspa came in second place, with 24-hour gains of 30.26%. Avalanche, Ordinals and 0x complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Memecoin, Arweave, and Rollbit Coin
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Memecoin, which saw a loss of -12.31%. Arweave also didn’t perform well, as its price declined by -2.73% in the last 24 hours. Rollbit Coin, Monero and Ark round out today’s top 5 worst performers.
Kaspa reached new All-Time High after gaining +175.00% 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 Render Token
Thanks to its impressive 35.23% performance, Render Token is today’s coin of the day! Render Token is currently trading at $ 3.06. Learn more about Render Token and its position in the market on our Render Token price prediction page.
Our technical indicators show that the current Render Token sentiment is Bullish.
Buy/Sell Render Token
Source: https://coincodex.com/article/34499/daily-market-update-for-november-16-2023/