USTC up +214.00%, BTC -1.25%, Terra Classic is The Coin of The Day – Daily Market Update for Nov 27, 2023 | CoinCodex

USTC up +214.00%, BTC -1.25%, Terra Classic is The Coin of The Day - Daily Market Update for Nov 27, 2023

Key highlights:

  • The total cryptocurrency market cap decreased from $ 1.45T to $ 1.44T in the past 24 hours, representing a -0.77% change
  • The Bitcoin price at press time is $ 37,300 after falling by -1.25% in the last 24 hours
  • The total crypto trading volume decreased by -0.77% in the past 24 hours, and is currently at $ 190.23B
  • All prices and changes are presented at the time of publication: November 27, 2023, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 1.44T after a -0.77% decrease on the day. The total crypto trading volume declined by -0.77% in the same time frame.

Bitcoin is trading at $ 37,300 after seeing a -1.25% loss in the last 24 hours. The Bitcoin dominance fell by -0.25% and BTC currently represents 50.62% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 729.37B after losing -1.25% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -3.06% and reach $ 36,159 by December 2, 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 $ 2,051.32 and has a market capitalization of $ 246.66B. ETH decreased by -1.78% 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.

  • Toncoin, 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 86% of coins lost value in the last 24 hours.

Today’s Top Gainers are TerraClassicUSD, Terra Classic, and Terra

Thanks to a 214.00% price increase, TerraClassicUSD was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Terra Classic came in second place, with 24-hour gains of 27.06%. Terra, Axie Infinity and Ronin complete today’s list of the top cryptocurrency gainers.

Today’s Top Losers are Ark, STEPN, and Centrifuge

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Ark, which saw a loss of -20.48%. STEPN also didn’t perform well, as its price declined by -17.75% in the last 24 hours. Centrifuge, Bonk and Blur round out today’s top 5 worst performers.

Echelon Prime reached new All-Time High after gaining +184.00% 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 Terra Classic

Thanks to its impressive 27.06% performance, Terra Classic is today’s coin of the day! Terra Classic is currently trading at $ 0.000101. Learn more about Terra Classic and its position in the market on our Terra Classic price prediction page.

Our technical indicators show that the current Terra Classic sentiment is Neutral.

Buy/Sell Terra Classic

Source: https://coincodex.com/article/34928/daily-market-update-for-november-27-2023/