TOMO up +9.20%, BTC -0.16%, Flare is The Coin of The Day – Daily Market Update for Jun 12, 2023 | CoinCodex

TOMO up +9.20%, BTC -0.16%, Flare is The Coin of The Day - Daily Market Update for Jun 12, 2023

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.07T to $ 1.06T in the past 24 hours, representing a -0.56% change
  • The Bitcoin price at press time is $ 25,779 after falling by -0.16% in the last 24 hours
  • The total crypto trading volume decreased by -0.56% in the past 24 hours, and is currently at $ 130.75B
  • All prices and changes are presented at the time of publication: June 12, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.06T after a -0.56% decrease on the day. The total crypto trading volume declined by -0.56% in the same time frame.

Bitcoin is trading at $ 25,779 after seeing a -0.16% loss in the last 24 hours. The Bitcoin dominance grew by 0.25% and BTC currently represents 47.21% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 500.06B after losing -0.16% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -0.82% and reach $ 25,568 by June 17, 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 $ 1,737.95 and has a market capitalization of $ 209.30B. ETH decreased by -1.11% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 87% of coins lost value in the last 24 hours.

Today’s Top Gainers are TomoChain, Flare, and Aptos

Thanks to a 9.20% price increase, TomoChain was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Flare came in second place, with 24-hour gains of 5.92%. Aptos, Alchemy Pay and Band Protocol complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Blur, GMX, and PancakeSwap

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Blur, which saw a loss of -7.57%. GMX also didn’t perform well, as its price declined by -6.26% in the last 24 hours. PancakeSwap, Pepe Coin and The Graph round out today’s top 5 worst performers.

Coin of the Day is Flare

Thanks to its impressive 5.92% performance, Flare is today’s coin of the day! Flare is currently trading at $ 0.016791. Learn more about Flare and its position in the market on our Flare price prediction page.

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

Buy/Sell Flare

Source: https://coincodex.com/article/28381/daily-market-update-for-june-12-2023/