Key highlights:
- The total cryptocurrency market cap decreased from $ 1.08T to $ 1.07T in the past 24 hours, representing a -1.66% change
- The Bitcoin price at press time is $ 27,114 after falling by -1.79% in the last 24 hours
- The total crypto trading volume decreased by -1.66% in the past 24 hours, and is currently at $ 88.15B
- All prices and changes are presented at the time of publication: October 11, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.07T after a -1.66% decrease on the day. The total crypto trading volume declined by -1.66% in the same time frame.
Bitcoin is trading at $ 27,114 after seeing a -1.79% loss in the last 24 hours. The Bitcoin dominance fell by -0.13% and BTC currently represents 49.63% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 528.99B after losing -1.79% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -6.18% and reach $ 25,437 by October 16, 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 $ 1,561.02 and has a market capitalization of $ 187.72B. ETH decreased by -2.01% 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 89% of coins lost value in the last 24 hours.
Today’s Top Gainers are WAX, SwissBorg, and tomiNet
Thanks to a 11.22% price increase, WAX was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. SwissBorg came in second place, with 24-hour gains of 4.62%. tomiNet, 0x and IoTeX complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Kaspa, Baby Doge Coin, and Storj
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Kaspa, which saw a loss of -7.84%. Baby Doge Coin also didn’t perform well, as its price declined by -7.19% in the last 24 hours. Storj, Tezos and Akash Network round out today’s top 5 worst performers.
Coin of the Day is Render Token
Thanks to its impressive 3.73% performance, Render Token is today’s coin of the day! Render Token is currently trading at $ 1.79. Learn more about Render Token and its position in the market on our Render Token price prediction page.
Our technical indicators show that the current Render Token sentiment is Neutral.
Buy/Sell Render Token
Source: https://coincodex.com/article/33212/daily-market-update-for-october-11-2023/