Key highlights:
- The total cryptocurrency market cap decreased from $ 1.62T to $ 1.62T in the past 24 hours, representing a -0.03% change
- The Bitcoin price at press time is $ 41,900 after falling by -0.87% in the last 24 hours
- The total crypto trading volume decreased by -0.03% in the past 24 hours, and is currently at $ 159.82B
- All prices and changes are presented at the time of publication: December 17, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.62T after a -0.03% decrease on the day. The total crypto trading volume declined by -0.03% in the same time frame.
Bitcoin is trading at $ 41,900 after seeing a -0.87% loss in the last 24 hours. The Bitcoin dominance fell by -0.36% and BTC currently represents 50.72% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 820.07B after losing -0.87% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -2.72% and reach $ 40,759 by December 22, 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 $ 2,224.69 and has a market capitalization of $ 267.41B. ETH decreased by -1.35% 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 Worldcoin, Axelar, and Internet Computer
Thanks to a 52.15% price increase, Worldcoin was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Axelar came in second place, with 24-hour gains of 26.73%. Internet Computer, Storj and Decentralized Social complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Helium, Tellor, and FTX Token
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Helium, which saw a loss of -21.64%. Tellor also didn’t perform well, as its price declined by -16.70% in the last 24 hours. FTX Token, Bonk and Echelon Prime round out today’s top 5 worst performers.
MicroPets reached new All-Time High after gaining +135.00% in the last month, 2 other cryptocurrencies reached a new ATH in the last 24 hours
The following coins in the cryptocurrency top 200 hit new all-time high prices today:
Today 3 cryptocurrencies reached a new ATH. Amongst the top gainers was MicroPets that reached a new ATH after gaining +3.45% in the last 24 hours. Other crypto assets that reached ATH in the last 24 hours are AXL and MOBILE.
Congratulations to the HODLers!
Coin of the Day is Axelar
Thanks to its impressive 26.73% performance, Axelar is today’s coin of the day! Axelar is currently trading at $ 1.18. Learn more about Axelar and its position in the market on our Axelar price prediction page.
Our technical indicators show that the current Axelar sentiment is Bullish.
Buy/Sell Axelar
Source: https://coincodex.com/article/35761/daily-market-update-for-december-17-2023/