Key highlights:
- The total cryptocurrency market cap decreased from $ 1.70T to $ 1.67T in the past 24 hours, representing a -1.66% change
- The Bitcoin price at press time is $ 42,736 after falling by -0.03% in the last 24 hours
- The total crypto trading volume decreased by -1.66% in the past 24 hours, and is currently at $ 186.02B
- All prices and changes are presented at the time of publication: January 15, 2024, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.67T 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 $ 42,736 after seeing a -0.03% loss in the last 24 hours. The Bitcoin dominance grew by 0.59% and BTC currently represents 50.03% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 837.58B after losing -0.03% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -4.14% and reach $ 40,965 by January 20, 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 $ 2,521.63 and has a market capitalization of $ 303.05B. ETH decreased by -1.28% 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 84% of coins lost value in the last 24 hours.
Today’s Top Gainers are XAIToken, Sui Crypto, and SuperFarm
Thanks to a 43.27% price increase, XAIToken was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Sui Crypto came in second place, with 24-hour gains of 10.31%. SuperFarm, Threshold Network Token and Toncoin complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Pocket Network, Ethereum Name Service, and SSV Network
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Pocket Network, which saw a loss of -10.11%. Ethereum Name Service also didn’t perform well, as its price declined by -7.56% in the last 24 hours. SSV Network, Optimism and Helium Mobile round out today’s top 5 worst performers.
Coin of the Day is Sui Crypto
Thanks to its impressive 10.31% performance, Sui Crypto is today’s coin of the day! Sui Crypto is currently trading at $ 1.40. Learn more about Sui Crypto and its position in the market on our Sui Crypto price prediction page.
Our technical indicators show that the current Sui Crypto sentiment is Bullish.
Buy/Sell Sui Crypto
Source: https://coincodex.com/article/36658/daily-market-update-for-january-15-2024/