Key highlights:
- The total cryptocurrency market cap increased from $ 1.20T to $ 1.27T in the past 24 hours, representing a 6.22% change
- The Bitcoin price at press time is $ 31,360 after growing by 3.42% in the last 24 hours
- The total crypto trading volume increased by 6.22% in the past 24 hours, and is currently at $ 372.13B
- All prices and changes are presented at the time of publication: July 14, 2023, at 06:00 UTC
Market Overview
The total cryptocurrency market cap is currently $ 1.27T after a 6.22% increase on the day. The total crypto trading volume increased by 6.22% in the same time frame.
Bitcoin is trading at $ 31,360 after seeing a 3.42% gain in the last 24 hours. The Bitcoin dominance fell by -1.36% and BTC currently represents 47.97% of the cryptocurrency market.
Top Coins By Market Cap
At press time, Bitcoin has a market capitalization of $ 609.19B after gaining 3.42% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by -5.83% and reach $ 29,531 by July 19, 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 $ 2,004.93 and has a market capitalization of $ 241.45B. ETH increased by 7.28% in the last 24 hours. If you’re interested in where the price of Ethereum could head next, check out the Ethereum price prediction.
There were also some changes today in the ranking among the top 10 biggest coins by market cap.
- XRP, which was previously ranked 4, is ranked at 3.
- Binance Coin, which was previously ranked 3, is ranked at 4.
- Solana, which was previously ranked 7, is ranked at 6.
- Dogecoin, which was previously ranked 6, is ranked at 7.
Bears Dominate the Market Today
The bears dominated the market today as 70% of coins lost value in the last 24 hours.
Today’s Top Gainers are XRP, Stellar, and Liquity
Thanks to a 66.87% price increase, XRP was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Stellar came in second place, with 24-hour gains of 57.82%. Liquity, Solana and Lido DAO Token complete today’s list of the top cryptocurrency gainers.
Today’s Top Losers are eCash, MAX.REVO, and UNUS SED LEO
Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was eCash, which saw a loss of -4.70%. MAX.REVO also didn’t perform well, as its price declined by -4.68% in the last 24 hours. UNUS SED LEO, Bitcoin Cash and ECOMI round out today’s top 5 worst performers.
Coin of the Day is XRP
Thanks to its impressive 66.87% performance, XRP is today’s coin of the day! XRP is currently trading at $ 0.791128. Learn more about XRP and its position in the market on our XRP price prediction page.
Our technical indicators show that the current XRP sentiment is Bullish.
Buy/Sell XRP
Source: https://coincodex.com/article/29983/daily-market-update-for-july-14-2023/