Key highlights:
- The total cryptocurrency market cap increased from $ 1.63T to $ 1.66T in the past 24 hours, representing a 2.27% change
- The Bitcoin price at press time is $ 44,275 after growing by 1.96% in the last 24 hours
- The total crypto trading volume increased by 2.27% in the past 24 hours, and is currently at $ 208.59B
- All prices and changes are presented at the time of publication: December 9, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.66T after a 2.27% increase on the day. The total crypto trading volume increased by 2.27% in the same time frame.
Bitcoin is trading at $ 44,275 after seeing a 1.96% gain in the last 24 hours. The Bitcoin dominance grew by 0.09% and BTC currently represents 52.06% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 866.22B after gaining 1.96% in the last 24 hours. According to our forecast, the value of Bitcoin will raise by 3.03% and reach $ 45,615 by December 14, 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 $ 2,374.56 and has a market capitalization of $ 285.46B. ETH decreased by -0.25% 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 77% of coins lost value in the last 24 hours.
Today’s Top Gainers are Seedify.fund, Cardano, and BitTorrent
Thanks to a 35.59% price increase, Seedify.fund was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Cardano came in second place, with 24-hour gains of 26.20%. BitTorrent, Polkadot and Algorand complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium, TerraClassicUSD, and Ronin
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium, which saw a loss of -5.84%. TerraClassicUSD also didn’t perform well, as its price declined by -4.02% in the last 24 hours. Ronin, Optimism and Mantle round out today’s top 5 worst performers.
MicroPets reached new All-Time High after gaining +71.41% 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 Cardano
Thanks to its impressive 26.20% performance, Cardano is today’s coin of the day! Cardano is currently trading at $ 0.592972. Learn more about Cardano and its position in the market on our Cardano price prediction page.
Our technical indicators show that the current Cardano sentiment is Bullish.
Buy/Sell Cardano
Source: https://coincodex.com/article/35443/daily-market-update-for-december-09-2023/