Key highlights:
- The total cryptocurrency market cap increased from $ 1.20T to $ 1.20T in the past 24 hours, representing a 0.03% change
- The Bitcoin price at press time is $ 30,654 after growing by 0.65% in the last 24 hours
- The total crypto trading volume increased by 0.03% in the past 24 hours, and is currently at $ 199.31B
- All prices and changes are presented at the time of publication: July 12, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.20T after a 0.03% increase on the day. The total crypto trading volume increased by 0.03% in the same time frame.
Bitcoin is trading at $ 30,654 after seeing a 0.65% gain in the last 24 hours. The Bitcoin dominance grew by 0.13% and BTC currently represents 49.53% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 595.46B after gaining 0.65% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -1.75% and reach $ 30,116 by July 17, 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 $ 1,883.58 and has a market capitalization of $ 226.84B. ETH increased by 0.46% 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 77% of coins lost value in the last 24 hours.
Today’s Top Gainers are NEM, FTX Token, and Ordinals
Thanks to a 28.07% price increase, NEM was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. FTX Token came in second place, with 24-hour gains of 17.24%. Ordinals, Conflux Network and Genleap AI complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are Mina Protocol, Pendle, and Storj
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Mina Protocol, which saw a loss of -9.36%. Pendle also didn’t perform well, as its price declined by -5.79% in the last 24 hours. Storj, Beldex and Waves round out today’s top 5 worst performers.
Coin of the Day is NEM
Thanks to its impressive 28.07% performance, NEM is today’s coin of the day! NEM is currently trading at $ 0.035757. Learn more about NEM and its position in the market on our NEM price prediction page.
Our technical indicators show that the current NEM sentiment is Bullish.
Buy/Sell NEM
Source: https://coincodex.com/article/29878/daily-market-update-for-july-12-2023/