Key highlights:
- The total cryptocurrency market cap decreased from $ 1.22T to $ 1.22T in the past 24 hours, representing a 0.00% change
- The Bitcoin price at press time is $ 30,127 after growing by 0.09% in the last 24 hours
- The total crypto trading volume decreased by 0.00% in the past 24 hours, and is currently at $ 179.53B
- All prices and changes are presented at the time of publication: July 20, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.22T after a 0.00% decrease on the day. The total crypto trading volume declined by 0.00% in the same time frame.
Bitcoin is trading at $ 30,127 after seeing a 0.09% gain in the last 24 hours. The Bitcoin dominance grew by 0.17% and BTC currently represents 48.08% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 585.50B after gaining 0.09% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -6.45% and reach $ 28,185 by July 25, 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 $ 1,904.57 and has a market capitalization of $ 229.37B. ETH decreased by -0.17% 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 Stellar, XinFin Network, and Hedera Hashgraph
Thanks to a 25.61% price increase, Stellar was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. XinFin Network came in second place, with 24-hour gains of 9.51%. Hedera Hashgraph, TerraClassicUSD and dYdX complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are FTX Token, 1inch Network Token, and Rocket Pool
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was FTX Token, which saw a loss of -6.63%. 1inch Network Token also didn’t perform well, as its price declined by -5.46% in the last 24 hours. Rocket Pool, Frax Share and Pendle round out today’s top 5 worst performers.
Coin of the Day is Stellar
Thanks to its impressive 25.61% performance, Stellar is today’s coin of the day! Stellar is currently trading at $ 0.177541. Learn more about Stellar and its position in the market on our Stellar price prediction page.
Our technical indicators show that the current Stellar sentiment is Bullish.
Buy/Sell Stellar
Source: https://coincodex.com/article/30343/daily-market-update-for-july-20-2023/