Key highlights:
- The total cryptocurrency market cap increased from $ 1.07T to $ 1.09T in the past 24 hours, representing a 1.01% change
- The Bitcoin price at press time is $ 26,819 after growing by 1.34% in the last 24 hours
- The total crypto trading volume increased by 1.01% in the past 24 hours, and is currently at $ 160.37B
- All prices and changes are presented at the time of publication: June 20, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.09T after a 1.01% increase on the day. The total crypto trading volume increased by 1.01% in the same time frame.
Bitcoin is trading at $ 26,819 after seeing a 1.34% gain in the last 24 hours. The Bitcoin dominance grew by 0.24% and BTC currently represents 47.96% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 520.49B after gaining 1.34% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 0.21% and reach $ 26,877 by June 25, 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 $ 1,727.22 and has a market capitalization of $ 208.01B. ETH increased by 0.11% 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.
- Polygon, which was previously ranked 11, is ranked at 10.
Bears Dominate the Market Today
The bears dominated the market today as 82% of coins lost value in the last 24 hours.
Today’s Top Gainers are SafePal, Kaspa, and Stacks
Thanks to a 16.41% price increase, SafePal 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 12.73%. Stacks, Ethereum PoW and Injective complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are KuCoin Token, Decred, and Theta Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was KuCoin Token, which saw a loss of -4.83%. Decred also didn’t perform well, as its price declined by -2.19% in the last 24 hours. Theta Token, Flow and eCash round out today’s top 5 worst performers.
Coin of the Day is Kaspa
Thanks to its impressive 12.73% performance, Kaspa is today’s coin of the day! Kaspa is currently trading at $ 0.021618. Learn more about Kaspa and its position in the market on our Kaspa price prediction page.
Our technical indicators show that the current Kaspa sentiment is Bullish.
Buy/Sell Kaspa
Source: https://coincodex.com/article/28789/daily-market-update-for-june-20-2023/