TRB up +18.96%, BTC -1.28%, Tellor is The Coin of The Day – Daily Market Update for Dec 29, 2023 | CoinCodex

TRB up +18.96%, BTC -1.28%, Tellor is The Coin of The Day - Daily Market Update for Dec 29, 2023

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.71T to $ 1.68T in the past 24 hours, representing a -1.70% change
  • The Bitcoin price at press time is $ 42,672 after falling by -1.28% in the last 24 hours
  • The total crypto trading volume decreased by -1.70% in the past 24 hours, and is currently at $ 241.67B
  • All prices and changes are presented at the time of publication: December 29, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.68T after a -1.70% decrease on the day. The total crypto trading volume declined by -1.70% in the same time frame.

Bitcoin is trading at $ 42,672 after seeing a -1.28% loss in the last 24 hours. The Bitcoin dominance grew by 0.47% and BTC currently represents 49.84% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 835.66B after losing -1.28% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -9.15% and reach $ 38,766 by January 3, 2024. 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 $ 2,365.10 and has a market capitalization of $ 284.24B. ETH decreased by -1.33% 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.

  • TRON, which was previously ranked 10, is ranked at 9.
  • Chainlink, which was previously ranked 9, is ranked at 10.

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 Tellor, Helium Mobile, and Bitcoin Gold

Thanks to a 18.96% price increase, Tellor was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Helium Mobile came in second place, with 24-hour gains of 14.40%. Bitcoin Gold, Kaspa and Bonk complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Aave, Kadena, and Chainlink

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Aave, which saw a loss of -10.44%. Kadena also didn’t perform well, as its price declined by -10.87% in the last 24 hours. Chainlink, NFPrompt and WEMIX Token round out today’s top 5 worst performers.

Mantle reached new All-Time High after gaining +25.30% in the last month

The following coins in the cryptocurrency top 200 hit new all-time high prices today:

  • Mantle’s new ATH is $ 0.661262
  • Tellor’s new ATH is $ 238.97

Congratulations to the HODLers!

Coin of the Day is Tellor

Thanks to its impressive 18.96% performance, Tellor is today’s coin of the day! Tellor is currently trading at $ 222.51. Learn more about Tellor and its position in the market on our Tellor price prediction page.

Our technical indicators show that the current Tellor sentiment is Bullish.

Buy/Sell Tellor

Source: https://coincodex.com/article/36154/daily-market-update-for-december-29-2023/